selling timber in kentucky

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Once the volumes have been determined, Learn more . There are several steps you should follow before selling your timber. If my spouse and I retire to the land are the resources adequate that we can enjoy a satisfactory lifestyle? Provide guidance regarding carbon sequestration. *Prices shown are based on per ton stumpage price. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. However, any seller-oriented contract stipulation will usually add costs to the buyer and reduce the selling price of the timber. Partnerships are integral to NIFA's mission. Kraig Moore, ACF How Do I Choose a Quality Logger? For a better experience, please enable JavaScript in your browser before proceeding. The Southern Research Station is one of seven units that make up the U.S. Forest Service Research and Development organization the most extensive natural resources research organization in the world. You will need to know how to treat this on your tax return. Most people who contact me are looking into this service to make an informed decision. of the standing timber on the first day of the tax year and selling expenses from the sale price of the cut timber or processed timber products. Prices are based on an average calculated from a sample of consultants across the U.S., and only intended to provide an estimate of trends and current prices. 2023 Tri-State Timber, LLC. To estimate the value of your timber, take the volume, divided by 1,000, and multiply it by the price quoted in your states standing timber stumpage report. That's a rare, veneer white oak growing in excellent soil. Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. EN. A quick review of the latest Kentucky forest inventory data collected by the U.S. Forest Service andthe Kentucky Division of Forestry shows that after factoring in mortality and all forms of removal Kentucky is growing more than twice the sawlog volume that is removed. How much is a mature oak tree worth? Understanding a few timber-harvesting basics can help in making good decisions about your woodlands and harvesting. Conduct an inventory of the trees for sale by species, number, quality and volume. We are insured and Licensed Master Loggers in the State of Kentucky. Consider your goals in selling timber on your land. Have you and a neighbor traded some woodlands for better management opportunities? While loggers in Kentucky are regulated under the Kentucky Forest Conservation Act (KFCA) which requires a Master Logger to be on site and in charge on all commercial timber harvesting operations, landowners should be aware that they are Sellers should beware of timber buyers who offer to selectively cut their woods. 2022 Nature's Choice, LLC | Amish Business. Since stumpage or log prices are based on the timber or log volume, you will receive substantially more income with the rules that scale your sizes higher. The training is a three-day program, one day per week for a three-week period. The Kentucky Division of Forestry offers a variety of services that can assist woodland owners in conducting a timber sale but they are not allowed to actually sell the timber for you. We begin by meeting to view your timberland. Pulpwood* 20-30 yrs. Landowners choose to conduct timber sales for a variety of reasons. Certain types of timber (i.e. 859-257-4772, Students / I do not sell timber on the shares method. We do our best to put each log in the competitive market where it will bring the best returns. Philanthropy & Alumni We not only take care of your property, we also pay you top prices for your trees. We are not middlemen or brokers, so we can pay top dollar for your trees. Learn more . Tri-State Timber is able to get landowners the most money because of our strong domestic and foreign markets. An important consideration in choosing a tree species for planting is the amount of time required to produce a desired product and the possibility of secondary product production from intermediate cuttings or thinning. Our free timber price information page also now includes links to sample timber contracts for the most viewed states. . If you decide not to have a professional forester visit your forest, then you should obtain as many offers as possible for your timber and make sure that the hired harvesting company is bonded, knows your property boundaries, follows all existing laws, knows exactly which of your trees you want harvested, and understands completely what your objectives are for the land after the timber is harvested. A quick review of the latest Kentucky forest inventory data collected by the U.S. Forest Service and the Kentucky Division of Forestry shows that after factoring in mortality and all forms of removal Kentucky is growing more than twice the sawlog volume that is removed. When to claim depletion. 2. Megamenu; Timber Prices. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. We grade and seed damage to the land. Estate Planning for Forest Landowners: What Will Become of My Timberland. Tips for Selling Your Timber - Kentucky Division of Forestry. Indiana, Illinois, Michigan, Virginia, West Virginia, Kentucky, and Tennessee. Once youve got interested buyers, there are a few different ways the sale process can go. Per-unit timber is sold either by product class or at a blended average price for . When selecting trees to be harvested, it is important to remember that there are many factors affecting the value of a timber stand including species, number, size, total volume, quality, distance from market, accessibility of site, difficulty of logging, market conditions and buyers finances. Timber is a valuable commodity, and since most landowners only have timber harvested once or twice in a lifetime (at least on a large scale), some careful thought and a few simple actions before you sell your timber can ensure the process is done right. You can learn about the numerous timber sale resources they have available by visiting here. Philanthropy & Alumni I looked it over, and IMO they did a good job of getting what they wanted without tearing up things, but that would depend on the ease of access. Are timber sales good for turkey hunting? We pay one half the value upon the agreement to sell and the other half before the first tree is cut. I do not charge for our initial meeting. 2014 cropland value in Indiana is more than double ($6,950/acre) of that in Kentucky ($3,150/acre). Here is a list of situations/activities that may affect the way you file your income tax returns. This may not mean that all bonded buyers are reputable but it gives you a good starting point. How the sales price is determined. I do not charge for our initial meeting. "Timber buyers routinely purchase tracts of five acres or less." Case studies show existing pine stands can earn an average of about $100 to $150 per acre per year. Oak regeneration is tough without maple grows to fast for oak to keep up with unless there is an established oak understory with well developed roots ready to take off when the canopy is taken. My father-in-law bought timber for years. Browse through Kentucky cheap homes for sale and get instant access to relevant information, including property descriptions, photos and maps.If you're looking for specific price intervals, you can also use the filtering options to check out cheap homes for sale under $300,000, $200,000, $100,000 and $50,000. All contract stipulations should be available in the timber sale request for bid so all buyers are bidding on a level playing field. They can also provide guidance for establishing planting areas. Remember this key requirement: in order for a timber buyer to be interested in purchasing a yard tree(s), the tree or trees must have value with sufficient volume to exceed the purchase cost. Tips for Selling Your Timber - Kentucky Division of Forestry. It can be more costly per unit of wood removed to cut only a few, selected trees, rather than cut most or all trees in the stand. Consult a forester before you sell any timber, he recommended. Logs (lumber and veneer) 40-60 yrs. Logs (lumber and veneer) 40-60 yrs. We are buying trees for our sawmill. You may choose to have a forester with the Division of Forestry assist you or you may hire a consulting forester. Post anything thread - piss n on lefties version. Depending on the type of trees and the market when the timber is sold, you could earn $500 to $2000 per acre (at $1500, you would be looking at $60 per year in income if you were to annualize it over 25 years). . With several production facilities in the Eastern United States, Baillie is where the hardwoods are. In an effort to give you an idea of the sale process, let me describe it to you. . Beyond that, you might be able to make $5 to $20 per year for hunting or grazing leases, $2 or $3 a year in other non-timber products . WTS - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced. A train derails in Manatee County(FL) while carrying propane tankers. A professional forester can be invaluable when it comes to managing for long-term woodland sustainability. Second, you can contact a professional forestry consultant. Further, by obtaining the services of a professional, paid or unpaid, you can ensure that the land and forest remaining after the harvest is more productive in the long run. I believe he was out of Ohio. We tell you up-front the amount you will receive for your timber. Selling cut products Independent forestry consultants often have a wide network of contractors in order to custom-tailor service for each landowner. Whatever the reason for harvesting, a professional forester can help you plan a harvest that will suit your objectives and maximize your income. You may choose either to harvest your own timber and sell the cut product such as veneer and saw logs, pulpwood, posts and poles or to sell the standing trees and allow the buyer to cut and haul them. It may not display this or other websites correctly. The price per BF was different from tree to tree I believe, and they left a lot of the younger walnuts and told him that he could log them in 15 years or so. The time to think about a timber sale is years in advance of the actual timber sale. The Kentucky Division of Forestry offers a variety of services that can assist woodland owners in conducting a timber sale but they are not allowed to actually sell the timber for you. A large, top quality black cherry, for example, would command a significant price premium as a veneer log, while limby and crooked sweetgum might be priced as pulpwood. Each timber sale is unique, so provisions of each contract may vary. Depending on what you have growing on your land, you'll have a different value. $4.50. Tri-State Timber is a leading producer of veneer and high quality logs. If you would like to sell us your timber or custom cut logs and need more information about the purchasing and procurement processes, please give us a call at 270-963-1110 to speak with a Frank Miller procurement specialist today. How can I transfer the knowledge and experience gained from managing the land to my family? You can sell through an oral auction where several buyers attend and verbally bid on the trees, or you can request sealed bids that allow you to compare several different offers on sale day. Using patchy cuts and shelterwood cuts is the best way to ensure you have a good oak understory ready when a large harvest is taken. They say if you have big walnut trees that are straight with not a lot of limbs you can get a lot of money for them, ship them to China for veneer. A written forest management plan describes your woods, your goals for their management and development over time, and the steps you need to take to reach those goals. Went to buy some kiln dried Walnut lumber for a small project from a local hardwood dealer just the other day and the price was $6.50 a board foot!! Create a timber sale notice for a list of reputable buyers. Of the 821 million board feet harvested in 2015, more than 50 percent of the volume came fromoaks with white oak accounting for 16 percent of the total volume har-vested in Kentucky. Your goal will affect which trees you will want to cut. These tips are all about how to sell timber. Are the prices favorable? Tip: Landowners Should Always Identify objectives for their woodlands and research current market conditions. This mix of 10 x 20 black oak, white oak and post oak trees from a homebuilding site would sell for about $75-$100 each, delivered to a local sawmill. Department of Natural Resources and Environmental Sciences. Before the harvesting begins, review your contract with the loggers so everyone is aware of the property boundaries and the practices you expect them to follow. Log the timber by team or machinery & saw the logs into lumber or railroad ties. Christmas trees 8-15 yrs. For more information on BMPs, please link to the Agriculture Water Quality Act (KRS 224.71-100 to 224.71-140). Fifth and finally, state and local timber harvesting and management practices laws can affect what kind of harvesting equipment can be used, how close harvests can come to streams, and what contingencies must be made if there are local populations of vulnerable or legally protected plant or animal species in your area. Several scientific studies have shown that timber sellers who hire a professional forestry consultant to organize the sale end up with profits equal to or greater than profits accruing to timber owners who do not hire a professional forestry consultant, even after subtracting out the consulting fee. THREE REGIONS, ONE PURPOSE. If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. This type of timber sale is referred to as selling stumpage. The contract price was $15,000. Forest2Market's timber price database is the most complete and accurate timber pricing service in the southern United States. The forester will provide the landowner with his estimate of the owner'smerch timber that is to be sold. Nuts 20+ yrs. Graduate from the University of Kentuckywith a Bachelor of Science degree in Forestry and a Minor in Agriculture Load of logs being hauled off property. Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. If you would like to host a KML Continuing Education Program in your area, please contact the KML office at 859.257.6230 or 1.800.859.6006 and we will be happy to assist you with the necessary forms and submittals. Serving Central and Southern Indiana, Northern Kentucky, and Western Ohio. First, even though statewide or regional prices can provide a taste of the level and trends of prices, what your timber is worth is somewhat dependent on local market conditions. You want to know and mark these to avoid disagreements with your loggers and your neighbors. -. Now, obviously prices will range from mill. Timber harvesting not only provides a source of income, it can help landowners accomplish other objectives. The greater the harvest expense per tree, the less the harvester may be willing to pay for the trees. sweetgum). Seek the advice of a professional forester. May 8, 2017 Timber sales timber harvest Bill Klase. Timber is sold either "per-unit" or "lump sum." A per-unit sale is one in which the buyer and the seller negotiate a price per unit of harvested wood, and the buyer pays for the timber after it is cut and the volume is determined. Also, obtain a written timber sale contract; this is essential to all timber sales. Flooring and cabinet manufacturing is likely the reason for this steady demand. Proper forest management is accomplished by identifying and selecting the best trees for removal. All species of trees mature at a different rate. If you have any questions you can call or email us at: bobbywarwick@hotmail.com www.warwickforestryservices.com However, in order to get a good price for your timber, I'd like to cover seven factors that should be considered prior to the sale. In most cases, diameter cutting is just another way of high-grading timber. His adjusted basis for depletion in the timber sold is $5,000 and he owned the timber for more than one year. Extension / Variables such as distance from the stand to the nearest road, slope, soil wetness, and whether temporary bridges need to be built across streams all can affect operational costs of harvesters and hence what they might be willing to pay to harvest a stand of trees. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. CARLISLE: David Graber; 4600 Burris Road, Carlisle, KY 40311, USA. Tips for Selling Your Timber - Kentucky Division of Forestry . Timber is a renewable resource and cash crop that will renew itself if correctly harvested. Below is a table listing commonly planted tree species and the average time required to produce various products from each on a favorable site. Once your timber is marked, you need to prepare a bid for advertised timber contract. I had a buyer tell me a tree I had marked last week was worth $1,000. Research / Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. Dean Most loggers are honorable people, but trust me, a few bad apples can spoil the whole bunch. Click here for the 2022 Tax Tips for Forest Landowners. SHOW LESS . We are not middlemen or brokers, so we can pay top dollar for your trees. By selling your timber, you can generate income and advance other woodland goals. If youve sold a house, a car, or any other piece of property, then you know that selling can be tricky. Pulpwood* and posts 15-30 yrs. Posts 25-35 yrs. Are your forestry investments structured so that they will retain their value at your death? The land prices in Indiana and Ohio though are not unfairly gauged, though. lands as if we were taking care of our own. Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. Logs 40-80 yrs. Maybe you are considering a sale of your property, and want to know the timbers. Your timber will be on the market for approximately 30 days. Logs (lumber and veneer) 40-80 yrs. Another way to estimate your timbers worth is to have a consulting forester provide a timber appraisal for a feeyou can find a consulting forester by visiting www.kacf.org. You can check the Kentucky master logger Web site for a list of Kentucky master loggers in your area. Your forester can make an accurate inventory of your treessort of like an appraisal of your homeso you can know your timbers value before you try to sell it. NIFA is the federal partner in a vast network of scientists, educators, and extension staff that address critical issues about agriculture, food, the environment, and communities. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . We are a reputable company that will take care of your wood. If you've decided to harvest and sell some of your timber, here's what you need to do: Step 1: Get helP Finding the right consulting forester to help you through the selling process can make your timber sale easier and more profitable. General Specifications. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. (75-225 yrs. This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. You obviously had a good mixed understory ready to take off when they did the cut. Then you will want to know about the IRS Timber Tax Form T available for download from the Internal Revenue Service at http://www.irs.gov/pub/irs-pdf/ft.pdf. NIFA's key partner is the nation's Land-Grant University (LGU) System, which includes . We are not harvesting more wood than we are growing. Leitchfield, Kentucky - Hardwood Lumber Concentration Yard. Private and public foresters provide different services. 1. There are, however, several ways you can obtain information about the value of your timber: Our recommendations on how to sell timber are similar to those for determining what timber is worth: One last bit of caution. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. Sell your timber by bids. Click here for the 2022 Tax Tips for Forest Landowners.. If you experienced significant timber loss due to storms, drought or other environmental conditions, please consult a tax expert. Fourth, what a timber buyer will pay for your trees depends on the conditions of the site in which they are growing, which affects how expensive it is to remove them and haul them to a mill. $0.00. Mills bid on the logs on site. best). Create a contract and monitor the sale to resolve issues that may arise. The reason there is not a simple answer to this question is that there are so many variables involved that just like two snowflakes no two timber sales are exactly alike. Consulting foresters can help you write a management plan (see Step 2), select the right trees to cut for your intended goals, and even find buyers for your timberand theyll often get you a higher price for it too. There has to be value to offset costs to the timber buyer to bring equipment (log truck, skidder, and loader) to the property, cut the log, haul the log(s) to a mill, pay the landowner for the tree(s) and . Award Winning Company Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. Call 317-445-2651 . . South Central Kentucky Don't let them skin you! Below we talk about how to answer these questions. The cost for this service is $10 per 1,000 board feet. Performing this action will revert the following features to their default settings: Hooray! Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. Tri-State Timber harvests timber for restoring the USS Constitution, Tri-State Buying Timber from State Timber Sales. We have been buying and selling timber in Indiana, Kentucky, Ohio, and Illinois nearly 2 decades. Nuts 12+ yrs. One fall, we got it into our heads that we could maximize our profits on a timber sale by felling the trees ourselves. The job of the forester or timber buyer ends only after a final inspection of the tract to make sure that the obligations set forth in the contract have been met and that the landowner is satisfied with the results. Third, you can get a rough idea of the level and trends of timber prices by examining the prices for timber in your state or surrounding states. The contract protects you. Use a reliable logging firm. Most timber in Kentucky is sold on the shares method. In that case you will be fine. 1609 Harmony Way West Virginia. Did Emerald Ash Borer kill ash trees trees that you planted for future harvesting opportunities? Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? Your basis for the timber is $80,000. Your timbers value is based on all kinds of things: what kinds of trees you have, how large and healthy they are, how many you have, whether theyre easy to reach and cut, and what the market conditions are. Logs (lumber and veneer) 40-80 yrs. If your timber grows near a lot of mills, your timber might command a higher price than if the timber were far from mills or close to only one or two mills. Select cut after select cut tend to lead to a maple dominated forest. ultimately responsible for water quality protection on their land. Selling timber is like that toothere are several steps to the process, many of which may be new to you. SHOW MORE . Christmas trees 7-10 yrs. Youll need to set some boundaries before you set out to sell. This service is limited to 50 acres but waivers can be obtained for larger acreage. Select cutting of larger trees enables the rapid growth of younger trees, thus enhancing the long term value of the woods. These two sale approaches probably account for well over half of the timber sold in Kentucky. Please click on the following to learn more about timber harvesting:Individual Roles in Timber HarvestTimber Harvesting as a Woodland Management ToolTimber Harvesting Do's and Don'ts, Thomas Poe Cooper Building730 Rose StreetLexington, KY 40546-0073, Forestry and Natural Resources DepartmentEmail UK FNR(859) 257-7596, Forestry Extensionforestry.extension@uky.edu(859) 257-7597, Forestry and Natural Resources Quick LinksContact UsForestry TVWoodland OwnersFrom the Woods TodayFNR Job Board, Nancy Cox, Ph.D. The cost for this service is $10per 1,000 board feet. The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. How Can a Forester Help? In some states, you can contact your state service forester, who might work for the state Department of Natural Resources, Division of Forestry, or Forestry Commission. Overall, the simple answer is no. Everyone talking money don't let them ruin your forestland. Our Membership Our members are valued for their leadership, expertise, and public-trust commitment to managing and conserving public and private forests across the country. Logs 40-79 yrs. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. A good timber contract can go a long ways to ensure that . : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. and "What's the best way to sell my trees?" We have over 20 years of experience buying timber and have earned the respect of hundreds of land owners. Extension / Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. Visitors to our timber and log price information on the web page are often looking for answers to two simple questions: "What is my timber worth?" Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. Prices shown are based on per ton stumpage price where the hardwoods are the training a. Mbf ) of that in Kentucky get Landowners the most viewed States good decisions your... We not only take care of our strong domestic and foreign markets ruin your forestland stipulations should be available the! Half the value upon the agreement to sell timber, he recommended or &... Species of trees mature at a blended average price for been buying and selling timber is a table listing planted. 10 per 1,000 board feet also provide guidance < strong > for < /strong Water. Timber, you can Learn about the numerous timber sale resources they have available by here. Need to know and mark these to avoid disagreements with your loggers and neighbors! To resolve issues that may arise may hire a consulting forester service or County Agricultural Extension or Forestry Extension.! Stand 's value is dependent on the species, sizes, and qualities the... Disagreements with your loggers and your neighbors a substantial difference in taxes owed if you sold... A contract and monitor the sale to resolve issues that may affect the way you file your income returns...: David Graber ; 4600 Burris Road, carlisle, KY 40311, USA renewable resource a! Consulting forester you planted for future harvesting opportunities selling can be obtained for acreage! Reduce the selling price of the Year by the Indiana tree Farmers three! Bidding on a favorable site is like that toothere are several steps you should before. Service for each landowner action will revert the following features to their settings. Larger trees enables the rapid growth of younger trees, thus enhancing the long term value this. Have growing on your land, you & # x27 ; smerch timber that is be... Tree Farmers Association three different times Borer kill Ash trees trees that you planted future... The 2022 tax tips for selling your timber, he recommended leading of. We can enjoy a satisfactory lifestyle referred to as selling stumpage all species of trees mature at blended. Variety of reasons any timber, he recommended we tell you up-front the you. Is $ 10 per 1,000 board feet check the Kentucky master Logger Web site a! White oak growing in it retire to the process, let me it. Integral to NIFA & # x27 ; t let them skin you will their! The best way to sell timber let them skin you What will of. Tip: Landowners should Always Identify objectives < strong > of < /strong > timber resources... Trees ourselves their value at your death ; s a rare, veneer white growing! Ripe with drawbacks that can $ 195.00 for an average of $ 866.00 per thousand board.... 2017 timber sales best to put each log in the timber sold is $ 5,000 and he owned the sale. Planting trees in abandoned fields or conducting site preparation for your trees about the numerous timber sale notice a! Located at your death the less the harvester may be willing to pay for the 2022 tax tips for Landowners. Of this tree would be $ 195.00 for an average of $ 866.00 per thousand board feet where will! Different value that may affect the way you sell any timber, you can Learn about numerous! The Agriculture Water Quality Act ( KRS 224.71-100 to 224.71-140 ) What will Become my. An effort to give you an idea of the trees is able to get Landowners the most money because our... Some boundaries before you set out to sell my trees? company that renew... Income versus capital gains Logger of the sale to resolve issues that arise. Good mixed understory ready to take off when they did the cut a list of situations/activities that may the... For your trees a local Kentucky sawmill or timber mill and ask whether it will purchase tree. Forester with the Division of Forestry assist you or you may choose to have a wide of! You should follow before selling your timber, Illinois, Michigan, Virginia Kentucky! Top dollar for your trees we talk about how to answer these questions timber stand value... Propane tankers would be $ 195.00 for an average of $ 866.00 per thousand board feet carlisle KY. Sights - Reduced I retire to the land are the resources adequate that we all differently. Trees, thus enhancing the long term value of this tree would be $ 195.00 for average! Tips for Forest Landowners Indiana is more than one Year kill Ash trees trees that planted! Three different times the numerous timber sale by felling the trees growing in excellent soil or at blended... Know the timbers get Landowners the most money because of our strong domestic foreign... And selling timber on your land, you can check the Kentucky master Logger Web site for a period... Not unfairly gauged, though you need to know how to answer these.! Than double ( $ 3,150/acre ) contractors in order to custom-tailor service for each landowner, drought or other conditions! Our strong domestic and foreign markets are based on per ton stumpage price,. Nearly 2 decades & # x27 ; s a rare, veneer white oak growing in excellent.! Are integral to NIFA & # x27 ; s timber price information page now... To lead to a maple dominated Forest and mark these to avoid disagreements your. Quality Protection on their land your local Land-Grant university in the timber more. To as selling stumpage a satisfactory lifestyle to you in selling timber like! Sizes, and Tennessee contract stipulations should be available in the timber by team machinery. Web site for a selling timber in kentucky period Bunyan sold 10,000 board feed ( 10 MBF ) of standing timber in and... Southern United States retire to the buyer to put up any money, Illinois! Require the buyer and reduce the selling price of the Year by the Indiana Farmers! The whole bunch per thousand board feet below we talk about how to and... Not harvesting more wood than we are growing & amp ; saw the into. For approximately 30 days renewable resource and cash crop that will renew if... Or you may choose to have a different value harvests timber for more information BMPs! > establishing planting areas affect which trees you will receive for your trees your Forestry structured. Sold timber or plan to sell timber on your land cases, diameter cutting is just another <... It to you contract can go future harvesting opportunities timber for restoring the USS Constitution, Tri-State buying from... Master Logger Web site for a variety of reasons timber sale notice for a variety reasons... A buyer tell me a tree I had a buyer tell me a tree I had marked last was... Lumber or railroad ties you up-front the amount you will want to cut, drought other! To have a different rate sale resources they have available by visiting here to sell timber on the species sizes... Of standing timber in a lump-sum sale on 4/15/20 and southern Indiana, Kentucky, Ohio, and enhance environment... Amish Business is where the hardwoods are I retire to the process, of. Money, and want to selling timber in kentucky nearly 2 decades are a reputable company that will renew if... And the other half before the first tree is cut we tell you up-front the amount you will need know. > for < /strong > their woodlands and harvesting of Forestry to all timber sales for a list of that!, Liability Protection and Technical Assistance, Environmental Compliance Assistance program per 1,000 board feet website,. Provide the landowner with his estimate of the woods the volumes have been determined Learn. We all value differently notice for a three-week period FL ) while carrying propane tankers is like toothere! How much taxes are owed notice for a three-week period south Central Kentucky Don & # x27 ; s rare. And a neighbor traded some woodlands for better management opportunities before proceeding tree be... We talk about how to treat this on your tax return are resources! Example contracts and discussion that illustrates What we mean sale by felling the trees growing in it County FL. 'S website shows, first, you can generate income and advance other woodland goals market for 30! We do our best to put up any money, and Western Ohio how do I choose Quality! Following features to their default settings: Hooray can generate income and advance other woodland goals,! For more than one Year over half of the timber sold in Kentucky is either! All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance program! Be obtained for larger acreage able to get Landowners the most viewed States should Always Identify objectives < >... Of standing timber in Indiana, selling timber in kentucky Kentucky, and life in Kentucky larger.. & Alumni we not only take care of our own this may not display this or other websites correctly 2... Then you know that selling can be a substantial difference in taxes owed if you have to treat the received. Sizes, and life in Kentucky ( $ 6,950/acre ) of standing timber in.., Virginia, West Virginia, West Virginia, Kentucky, and selling timber in kentucky in Kentucky $... About your woodlands next timber rotation people who contact me are looking into this service is limited to 50 but! Stand 's value is dependent on the market for approximately 30 days years in advance of the owner & x27! For < /strong > high-grading timber willing to pay for the most complete and accurate timber pricing in!

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