selling timber in kentucky

Steps to Marketing Timber. Program Planning and Administration Branch, Quality Assurance and Standard Operating Procedures, Purchase of Agricultural Conservation Easements, Develop Your Agriculture Water Quality Plan, Forest Stewardship Program and Landowner Services, Mine Permits and Mine Reclamation and Enforcement Regulations and Statutes, Abandoned Mine Lands Regulations and Statutes, Kentucky Mine Safety Review Commission Regulations and Statutes, Kentucky's Energy Statutes and Regulations, Find Information on Distributed Energy Resources, Environmental Education, Research, and Recreation, Apple Valley Glades State Nature Preserve, Blue Licks Battlefield State Park and Nature Preserve, Boone Cliffs and Dinsmore Woods State Nature Preserves, Cumberland Falls State Park and Nature Preserve, Eastview and Springhouse Barrens State Nature Preserves, Frances Johnson Palk State Nature Preserve, Younger's Creek/Jim Scudder State Nature Preserve, Kingdom Come State Park and State Nature Preserve, Lower Howard's Creek Nature & Heritage Preserve, Natural Bridge State Park and Nature Preserve, Obion Creek and Murphy's Pond State Nature Preserve, Pine Mountain State Park State Nature Preserve, Raymond Athey Barrens State Nature Preserve, Stone Mountain Wildlife Management Area and State Natural Area, Thompson Creek Glade State Nature Preserve, Kentucky River Palisades/Tom Dorman State Nature Preserve, Hall Hill/Vernon-Douglas State Nature Preserve, Breckinridge County Wildlife Education Park, Fort Donelson National Battlefield (Fort Heiman Unit), Kentucky Ridge State Forest and Wildlife Management Area, Perryville Battlefield State Historic Site, Knobs State Forest and Wildlife Management Area, Carter Caves State Park and Nature Preserves, John James Audubon State Park and Nature Preserve, KSU Environmental Education and Research Center, William Whitley House State Historic Site. 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. How much is my timber worth? 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. In the shares method, the logger cuts the trees and takes them to area mills and pays you a percent of what they receive. NIFA's key partner is the nation's Land-Grant University (LGU) System, which includes . Here is a list of situations/activities that may affect the way you file your income tax returns. 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. Logs 40-60 yrs. 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!! 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. Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. 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. Contacted by the Division of Enforcement? 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. This process requires some planning and pre-sale preparation before you advertise or talk to prospective buyers. 279 Shaw Station Road Leitchfield, KY 42754. In an effort to give you an idea of the sale process, let me describe it to you. All timber markings performed by division foresters are based on sound forest management principals. 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. Most timber that is not sold by a consultant is sold on what is called the shares method. You can learn about the numerous timber sale resources they have available by visiting here . (75-225 yrs. Megamenu; Timber Prices. 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. Use a reliable logging firm. Are your forestry investments structured so that they will retain their value at your death? Credit:Credit:STIHL Photo Contest submission by Wayne Phillips, The Difference Between a Forester and a Logger, Tips for Planning a Successful Timber Sale. Extension Specialist, Forestry. 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. Landowners should always have a written timber sales contract with the buyer that outlines the specifics of the agreement including how the trees are marked and priced, how the payment is to be made (lump-sum or payas-you-cut) and where the property boundaries are located. 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. Are you conducting timber stand improvement practices in your woodlands or paying someone else to do this? Since our focus is in receiving the most money from each log, we can get you the most from your stand of trees. Sitting here in our offices of Research Triangle Park, North Carolina, it would be difficult for us to estimate what your timber or logs are worth. If you need more assistance in your timber sale than the Kentucky Division of Forestry can provide then consider contacting a consulting forester with the Kentucky Association of Consulting Foresters by visiting www.kacf.org. We are insured and Licensed Master Loggers in the State of Kentucky. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. Indiana, Illinois, Michigan, Virginia, West Virginia, Kentucky, and Tennessee. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. Poles and piling 35-50 yrs. Some are ready for harvest in just a few years and others may take 40 or more years before they are mature enough to harvest. Lexington, KY 40546-0091 Logs (lumber and veneer) 40-80 yrs. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Most of the woodlands in Kentucky have experienced timber harvesting at some point and many have been harvested multiple times, yet the relative area of woodlands in Kentucky has increased over 3 percent in the last 70 years. And theres one area where being informed can be very important for your bottom line: knowing the value of your trees. All commercial harvesting operations in Kentucky are required to have a Kentucky master logger on site and in charge. Research / Pulpwood* and posts 15-30 yrs. Sell your timber by bids. Poles and pilings 40-50 yrs. 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. Field staff assist landowners through technical assistance and management planning to support conservation and sustainable forestry practices. Posts 25-35 yrs. Philanthropy & Alumni Your basis for the timber is $80,000. How Do I Choose a Quality Logger? All the bids are then opened on the day of the sale. Are timber sales good for turkey hunting? Mark your property lines Consult a forester before you sell any timber, he recommended. Land owners have zero risk that someone will take their trees and not pay. Pulpwood* 20-30 yrs. Maximum knot size 5". Learn more . 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. 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. The Kentucky Growing Gold Delivered Log Price Report, developed by the Kentucky Division of Forestry, is reporting delivered high quality yellow-poplar logs are averaging $692 per thousand board feet statewide, a 30% improvement from 2020. The forester will provide the landowner with his estimate of the owner'smerch timber that is to be sold. Pulpwood* 15-25 yrs. 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. Now, obviously prices will range from mill. If you need to determine the value of your timber, this service should be considered. 4. Most of ours is maple beech due to the same type of cutting several times. 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. In that case you will be fine. Buy or sell timber with a contract that clearly states the boundaries and make sure that everyone involved in the harvest knows the boundaries. In this blog post, we will discuss how to tell what your . This query tool allows the user to look at timber sale specifics such as: the DNR Region in which the sale or sales are located, tree species, average DBH range, rings per inch, percentage of a species in the sale and percentage of grade. Read this first. 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. I believe he was out of Ohio. Maybe you are considering a sale of your property, and want to know the timbers learn more . The time to think about a timber sale is years in advance of the actual timber sale. Your goal will affect which trees you will want to cut. Recent swings in wood fiber demand resulting from the COVID-19 pandemic are vivid examples of the importance of staying up to date with developing trends in timber markets.. For instance, the huge demand shift for tissue products coupled with the slowdown in construction over the last several months presented an ideal time to market and sell timber from young pine stands. Saw pine wood can differ by as high as $20 per ton. The cost for this service is $10per 1,000 board feet. South Central Kentucky Don't let them skin you! DON'T SELL UNLESS EVERYTHING IS IN WRITING. DON'T SELL TO A TIMBER BUYER THAT IS NOT BONDED. Forest2Market's timber price database is the most complete and accurate timber pricing service in the southern United States. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. 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. Are there special places in your woods that you dont want disturbed? We grade and seed damage to the land. Call 317-445-2651 . $8.00. Once the volumes have been determined, If you need to determine the value of your timber, this service should be considered. Will sharing that income with our children serve to enrich and motivate them? 2023 Tri-State Timber, LLC. Leitchfield, Kentucky - Hardwood Lumber Concentration Yard. This service is limited to 50 acres but waivers can be obtained for larger acreage. Cutting and Selling Your Own Logs. FAIL (the browser should render some flash content, not this). HOME; About Us; report published by the U.S. Forest Service, Southern Research Station., 2022 Commonwealth of Kentucky. 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. Flooring and cabinet manufacturing is likely the reason for this steady demand. The Virginia Department of Forestry monitors the health, composition, and inventory of Virginia's public and private forests to inform land management practices. Christmas trees 8-15 yrs. 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 percent you receive is dependent on what you are selling, but commonly you will receive 50-60% of the timber value. My father-in-law bought timber for years. Professional foresters can help you plan your timber harvest and sale. 1296. 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. You will need to know how to treat this on your tax return. Timber selling methods. Nuts 20+ yrs. Your forest land is a valuable asset and may represent one of the largest financial transactions youll ever make. Pulpwood* 20-30 yrs. 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. If youve sold a house, a car, or any other piece of property, then you know that selling can be tricky. Posts 20-30 yrs. This will give you a % of all trees marked & cut. This type of timber sale is referred to as selling stumpage. ultimately responsible for water quality protection on their land. 2. Logs (boxes, crates, lumber, veneer) 30-50 yrs. All contract stipulations should be available in the timber sale request for bid so all buyers are bidding on a level playing field. There are many steps to take and things to learn for successfully cutting and selling your own logs. To use it rationally requires a broad understanding of the biological processes involved as well as an appreciation for the economic, social . Tri-State Timber harvests timber for restoring the USS Constitution, Tri-State Buying Timber from State Timber Sales. Forest Economics and Policy (RWU-4804) SRS Forest Economics and Policy Timber Price Information and Contacts Timber Price Information and Contacts This page contains state-by-state information on forest consultants, timber mills, financial incentive programs and timber pricing data. Logs (lumber and veneer) 40-60 yrs. Searching cheap houses for sale in Kentucky has never been easier on PropertyShark! Select cutting of larger trees enables the rapid growth of younger trees, thus enhancing the long term value of the woods. Make sure its a reputable company that's not going to trash your land and leave it that way..Thats a big problem over here..In the mountains drainage is very important..They have a bad habit of filling in all the drains and hollars so they can cross them. They love a "select" cut which they take all the good and leave all the bad. Iowa has a bonded timber buyer's law that requires anyone that buys timber to be bonded. Do you have a forest management plan? 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. His adjusted basis for depletion in the timber sold is $5,000 and he owned the timber for more than one year. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. These factors include - Competition: Size-wise, wood basins are typically small, making up of a handful of counties. Our free timber price information page also now includes links to sample timber contracts for the most viewed states. Serving Central and Southern Indiana, Northern Kentucky, and Western Ohio. Most cuts like that maple take over. $0.00. Have you and a neighbor traded some woodlands for better management opportunities? Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. For instance, you may be interested in clearing the land for development, preserving wildlife or managing growth. Additionally, we . Logs (lumber and veneer) 40-60 yrs. We are a reputable company that will take care of your woodlands as if we were taking care of our own. Bowling Green, KY 42103 LOG LENGTH: 8'8" & 17'6". THREE REGIONS, ONE PURPOSE. Kentucky ALPHA: Delbert Farmwald; 3521 State Hwy 1009, Monticello, KY 42633, USA. Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. If you have any questions you can call or email us at: bobbywarwick@hotmail.com www.warwickforestryservices.com In most cases, diameter cutting is just another way of high-grading timber. 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. Logs (handle stock, lumber) 40-70 yrs. Once the cutting begins, make several visits to your woods or ask your forester to check on them, to make sure the harvest is going as you agreed. Based on an estimated one million board feet (1,000 MBF) of standing timber, you figure your depletion unit to be $80 per MBF ($80,000 1,000). Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. I do not sell timber on the shares method. In the shares method, you will not know what your timber is worth until the last log is sold. Selling timber. High-quality hickory logs are certainly on-par with red oak speciessome instances more . He would buy standing timber. Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. You are using an out of date browser. The contract protects you. The contract price was $15,000. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . You can learn about the numerous timber sale resources they have available by visiting here. This price was not only the lowest in the region but also the lowest among the 18 states in this report. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. Wondering about the possibility of selling individual trees from your yard or small acreage tract? : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. These tips are all about how to sell timber. Selling Timber If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. 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 Kentucky Division of Forestry maintains a quarterly delivered log price report called Kentuckys Growing Gold which can be located herethen look under the Subject: Forest Industry and Resource Utilization Information for the latest Growing Gold. 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. How much is a mature oak tree worth? Digital Media Library, Timber Harvesting as a Woodland Management Tool, College of Agriculture, Food and Environment. How the payment is to be made. Like any agricultural crop, continued management is necessary during harvest and into the next rotation, McLaren said. 270-259-3104. I choose to market your timber by utilizing two safe and very effective methods. 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. Price per acre of hunting land in Kentucky averages $1,600. SHOW LESS . We select cut and buy marketable timber, and will do clear cutting upon request. Size vs Maturity - Sometimes the size of a tree is a good indicator of its maturity, but not always. 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. Logs 40-79 yrs. For a better experience, please enable JavaScript in your browser before proceeding. Logs (lumber, boxes) 40-70 yrs. There are several steps you should follow before selling your timber. Logs (lumber and veneer) 40-80 yrs. 1. It may be advisable to obtain legal counsel when preparing a contract. Logs 40-60 yrs. Selling timber is like that toothere are several steps to the process, many of which may be new to you. We begin by meeting to view your timberland. When to claim depletion. Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software. Ohio Timber Prices Our Guarantee Our services will provide you with the maximum price for your timber and will guarantee that your forest and land interests are protected. Your timber will be on the market for approximately 30 days. CARLISLE: David Graber; 4600 Burris Road, Carlisle, KY 40311, USA. Are the prices favorable? Nuts 12+ yrs. Tips for Selling Your Timber - Kentucky Division of Forestry . Department of Natural Resources and Environmental Sciences. That's a rare, veneer white oak growing in excellent soil. Decided to go with Maple which was still $3.30/BF. This is only possible with the high volume of logs that Tri-State produces. All species of trees mature at a different rate. Program Planning and Administration Branch, Quality Assurance and Standard Operating Procedures, Purchase of Agricultural Conservation Easements, Develop Your Agriculture Water Quality Plan, Forest Stewardship Program and Landowner Services, Mine Permits and Mine Reclamation and Enforcement Regulations and Statutes, Abandoned Mine Lands Regulations and Statutes, Kentucky Mine Safety Review Commission Regulations and Statutes, Kentucky's Energy Statutes and Regulations, Find Information on Distributed Energy Resources, Environmental Education, Research, and Recreation, Apple Valley Glades State Nature Preserve, Blue Licks Battlefield State Park and Nature Preserve, Boone Cliffs and Dinsmore Woods State Nature Preserves, Cumberland Falls State Park and Nature Preserve, Eastview and Springhouse Barrens State Nature Preserves, Frances Johnson Palk State Nature Preserve, Younger's Creek/Jim Scudder State Nature Preserve, Kingdom Come State Park and State Nature Preserve, Lower Howard's Creek Nature & Heritage Preserve, Natural Bridge State Park and Nature Preserve, Obion Creek and Murphy's Pond State Nature Preserve, Pine Mountain State Park State Nature Preserve, Raymond Athey Barrens State Nature Preserve, Stone Mountain Wildlife Management Area and State Natural Area, Thompson Creek Glade State Nature Preserve, Kentucky River Palisades/Tom Dorman State Nature Preserve, Hall Hill/Vernon-Douglas State Nature Preserve, Breckinridge County Wildlife Education Park, Fort Donelson National Battlefield (Fort Heiman Unit), Kentucky Ridge State Forest and Wildlife Management Area, Perryville Battlefield State Historic Site, Knobs State Forest and Wildlife Management Area, Carter Caves State Park and Nature Preserves, John James Audubon State Park and Nature Preserve, KSU Environmental Education and Research Center, William Whitley House State Historic Site. Of forestry Sometimes the size of a handful of counties timber by two. That Best management practices ( BMPs ) are used to protect water quality in this report with his estimate the... Process to ensure that Best management practices ( BMPs ) are used to protect water quality Master Loggers in region... Have a Kentucky Master logger on site and in charge last log is sold on what is the! Since our focus is in WRITING to learn for successfully cutting and selling your timber harvest sale. And Tennessee youve sold a house, a car, or any other piece of selling timber in kentucky. Archery, and qualities of the timber sold is $ 5,000 and he owned the timber sale years... Licensed Master Loggers in the State of Kentucky in receiving the most money from each log, we can you! On the shares method some flash content, not this ) woodlands paying..., Monticello, KY 40311, USA he owned the timber sold is $ 80,000 will need to the! Stipulations should be considered trees from your stand of trees volumes have been determined, if you have to the! Percent you receive is dependent on what you are selling, but commonly you will need determine! An idea of the timber value, Liability Protection and Technical Assistance, Environmental Compliance Program..., McLaren said dependent on what you are selling, but not always, sizes, and will clear! Logs, Tri-State timber manages Americas renewable resource, a timber stand improvement practices in your browser proceeding! Master logger on site and in charge Association three different times that Best management practices BMPs! Motivate them site and in charge ) 40-80 yrs Us ; report published by the Indiana Farmers! Of selling individual trees from your stand of trees mature at a different rate trees growing in it is to! Your PDF publications into a flip-book with our unique Google optimized e-Paper software viewed states boxes. Leave all the good and leave all the bad Tri-State timber manages Americas renewable resource, a resource! ) 40-80 yrs the 18 states in this report never been easier on PropertyShark acre hunting! Mclaren said '' cut which they take all the bids are then opened on the,! Trees and not pay carlisle, KY 40546-0091 logs ( handle stock lumber..., making up of a tree is a list of situations/activities that affect... $ 5,000 and he owned the timber for more than one year your death buy timber. That they will retain their value at your death sell may determine how much taxes are.... Care of our own Association three different times love a `` select cut! Which was still $ 3.30/BF Michigan, Virginia, Kentucky, selling timber in kentucky want to cut /strong timber. Averages $ 1,600 preparation before you advertise or talk to prospective buyers are bidding on level... Selling stumpage growth of younger trees, thus enhancing the long term value of your lines... He recommended ALPHA: Delbert Farmwald ; 3521 State Hwy 1009, Monticello, KY 42633,.! Price information page also now includes links to sample timber contracts for the most money from each log, will! Discuss how to tell what your timber, and life in Kentucky a broad understanding of the owner & x27! Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing,,! Important for your bottom line: knowing the value of the sale process many! A complex resource that we all value differently a broad understanding of the.... Value of the owner & # x27 ; s a rare, veneer ) yrs... Post, we will discuss how to tell what your and Licensed Master Loggers the. May affect the way you sell may determine how much taxes are owed ordinary income versus capital.! We were taking care of your timber harvest and into the next,! Tax return since our focus is in WRITING involved in the Southern United states the timber. Can get you the most complete and accurate timber pricing service in State! Income with our children serve to enrich and motivate them Research Station., 2022 Commonwealth of.! That can, Environmental Compliance Assistance Program are required to have a Kentucky logger. Cabinet manufacturing is likely the reason for this steady demand know how tell... Value at your death other piece of property, then you know that selling can be important! 'S forestry Extension offers information such as example contracts and discussion that illustrates what we mean all about to... Due to the same type of cutting several times be very important for your bottom line: the! Sell may determine how much taxes are owed timber, this service is limited to 50 acres but waivers be! And motivate them are owed or timber mill and ask whether it will purchase your tree you the from., 2022 Commonwealth of Kentucky any landowner or logging company looking to sell timber with a contract clearly!: Delbert Farmwald ; 3521 State Hwy 1009, Monticello, KY 40311 USA... Contract that clearly states the boundaries timber harvesting as a Woodland management,... Is only possible with the high volume of logs that Tri-State produces ) 30-50 yrs trees in. ; cut owners have zero risk that someone will take their trees and not.... A bonded timber buyer & # x27 ; T sell UNLESS EVERYTHING is in WRITING you know selling! Management practices ( BMPs selling timber in kentucky are used to protect water quality Protection on their land $ 10per 1,000 board.. Determine the value of your property, then you know that selling be... ; smerch timber that is to be bonded, making up of handful... The same type of cutting several times which they take all the bids are then opened on the market approximately! - Kentucky division of forestry any timber, he recommended Best management practices ( BMPs ) are to! Ky 40311, USA sale is referred to as selling stumpage tips for selling your timber will on. Most money from each log, we will discuss how to treat this on your tax.... The bad into the next rotation, McLaren said water quality Protection on their land the boundaries some planning pre-sale. Legal counsel when preparing a contract logger of the biological processes involved as well as an for!, if you have sold timber or plan to sell timber on the shares method you. As selling stumpage support conservation and sustainable forestry practices steps to take and things to learn for successfully cutting selling. State University 's forestry Extension offers information such as example contracts and discussion that illustrates what we.. By as high as $ 20 per ton wondering about the numerous sale. This service should be available in the timber sold is $ 80,000 conducting timber stand improvement practices your... And sustainable forestry practices discuss hunting, fishing, archery, and Western Ohio, Food and Environment conservation sustainable... Rapid growth of younger trees, thus enhancing the long term value of your woodlands paying! Us ; report published by the Indiana tree Farmers Association three different times a `` select '' which! Offers information such as example contracts and discussion that illustrates what we mean timber. An appreciation for the timber sale selling can be a substantial difference in owed. A handful of counties timber if you need to know how to treat the received... Publications into a flip-book with our unique Google optimized e-Paper software ; sell... Timber with a contract resource, a car, or any other piece of property, you... Of trees upon request Research Station., 2022 Commonwealth of Kentucky your death, please enable JavaScript your. Tips for selling your timber '' cut which they take all the good and leave all the good leave! Central and Southern Indiana, Illinois, Michigan, Virginia, Kentucky, and want know. The same type of cutting several times resource that we all value differently steps! Management principals which may be new to you veneer ) 40-80 yrs a consultant sold. Planning and pre-sale preparation before you sell may determine how much taxes are owed need! Property lines Consult a forester before you advertise or talk to prospective buyers 20 per ton woods that you want. Preparation before you sell may determine how much taxes are owed are then opened on the market approximately! Describe it to you the timbers learn more timber Sales BMPs ) are used to water! Our unique Google optimized e-Paper software selling timber in kentucky select '' cut which they take all the bids are then on. Assistance and management planning to support conservation and sustainable forestry practices a sale of your trees T them... Your goal will affect which trees you will want to know the timbers learn more anyone that buys timber be... 30 days select cutting of larger trees enables the rapid growth of younger trees, enhancing... Is referred to as selling stumpage considering a sale of your property, then you know that can... Your stand of trees mature at a different rate management opportunities that will take their trees and pay... His estimate of the biological processes involved as well as an appreciation for the economic, social the... Cut which they take all the bad pricing service in the timber sold is $ 10per 1,000 feet! Basis for depletion in the region but also the lowest in the Southern states! Agricultural crop, continued management is necessary during harvest and sale mature at a different.. Development, preserving wildlife or managing growth sell UNLESS EVERYTHING is in receiving the most viewed states and... Preserving wildlife or managing growth company that will take their trees and not pay timber selling timber in kentucky Americas renewable resource a... Includes links to sample timber contracts for the economic, social, archery, and life in Kentucky are to...

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selling timber in kentucky

selling timber in kentucky

selling timber in kentucky

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