How can I transfer the knowledge and experience gained from managing the land to my family? report published by the U.S. Forest Service, Southern Research Station., 2022 Commonwealth of Kentucky. SHOW MORE . Christmas trees 8-15 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. lands as if we were taking care of our own. Master loggers must complete the Kentucky Master Logger Program (KML) and learn how to operate efficiently within the framework of constantly changing environmental and safety regulations. 317- 445-2651 . Selling Timber If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. This service is limited to 50 acres but waivers can be obtained for larger acreage. Seek the advice of a professional forester. Fundamentally, steps 1 through 8 are all about being prepared and informed. 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. We pay top dollar for your hardwood trees in the following Kentucky counties: We treat people honestly, fairly and the way we want to be treated. BETHEL: Henry Hertzler; State Rt 11 North, Bethel, KY 40360. LOG LENGTH: 8'8" & 17'6". 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. Most of ours is maple beech due to the same type of cutting several times. See below. In that case you will be fine. No high grading. S123 Ag Science North 859-257-4772, Students / 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. Then you may qualify for a reforestation tax credit. We are not middlemen or brokers, so we can pay top dollar for your trees. 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. 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. Having a plan can help you decide the details of your harvestwhere, how, which trees, etc.and your steps after the timber sale. Are you sure you want to delete your template? Of course, many landowners sell timber for the purpose of generating income, but sometimes timber is harvested to salvage the value of trees that have been damaged by ice, wind, snow storms, wildfires, insects and disease. If youve sold a house, a car, or any other piece of property, then you know that selling can be tricky. There are two methods I use to market timber: This is the most valuable service to landowners. Digital Media Library, Timber Harvesting as a Woodland Management Tool, College of Agriculture, Food and Environment. I do not sell timber on the shares method. If you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. For example, an insect or disease outbreak may necessitate a harvest to salvage dying trees and protect the forest from further losses. and "What's the best way to sell my trees?" You will need to know how to treat this on your tax return. Most timber that is not sold by a consultant is sold on what is called the shares method. 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. 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. In this blog post, we will discuss how to tell what your . Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. All of those things can affect how much wood can be removed and the operational costs of harvesting. -. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. Your file is uploaded and ready to be published. Departments & Units / 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. Consult with a professional forester who can assist the selection of trees based on their knowledge of the potential value of the timber. In most cases, diameter cutting is just another way of high-grading timber. Sell your timber by bids. Are the prices favorable? How to Host a Continuing Education Program. Often, the larger the sale, the higher the price per unit of wood that can be offered. $0.00. Christmas trees 7-10 yrs. Click here for the 2022 Tax Tips for Forest Landowners.. This frequent question does not have a simple answer. These experts provide a wide variety of services for a fee: tree planting advice, forest management, timber cruising (determining timber value), and timber sale preparation and supervision. 2. This is the most valuable service to landowners. WTS - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced. A train derails in Manatee County(FL) while carrying propane tankers. Diffantly get more that one person to look at it. However, any seller-oriented contract stipulation will usually add costs to the buyer and reduce the selling price of the timber. Higher costs translate into lower prices offered. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. We offer a real hands on approach to buying timber. We tell you up-front the amount you will receive for your timber. All rights reserved. Select cutting of larger trees enables the rapid growth of younger trees, thus enhancing the long term value of the woods. Overly mature, older trees will die of old age, diminishing the value of the forest. Like any agricultural crop, continued management is necessary during harvest and into the next rotation, McLaren said. black cherry) are worth more than others (i.e. An Official Website of the Commonwealth of Kentucky, Selling timber is something that most woodland owners do infrequently; and therefore, they are not familiar with how to claim the income or deductions when filing income tax forms. Where the property boundaries are located. Below is a table listing commonly planted tree species and the average time required to produce various products from each on a favorable site. I had a buyer tell me a tree I had marked last week was worth $1,000. 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. 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 . Now, obviously prices will range from mill. Selling white oak trees and veneer is a very important process when selling timber. Sell your timber by bids. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Logs (lumber and veneer) 40-80 yrs. The forester will provide the landowner with his estimate of the owner'smerch timber that is to be sold. Partnerships are integral to NIFA's mission. The percent you receive is dependent on what you are selling, but commonly you will receive 50-60% of the timber value. 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. Any thoughts? FAIL (the browser should render some flash content, not this). DON'T SELL TO A TIMBER BUYER THAT IS NOT BONDED. Kraig Moore, ACF
My father-in-law bought timber for years. Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? After receiving the bids, proceed with hiring a logger, usually the highest bidder, with a written timber sale contract. 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. Logs (lumber and veneer) 40-80 yrs. 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. 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. 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. The greater the harvest expense per tree, the less the harvester may be willing to pay for the trees. Landowners who cut timber on their own land for non-industrial purposes are not required to have a master logger certificate; however, landowners are responsible for implementing best management practices (BMPs) for the purpose of protecting watersheds as required under the Agriculture Water Quality Act. I can get you the name of the guy my buddy went with in Mercer Co if you want. Pulpwood* 20-30 yrs. 1. As a result: (1) landowners often lose income because they sell timber without adequate information, and (2) millions of acres of forestland lack ongoing management. Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. Do you want the loggers to follow certain rules? There are several steps you should follow before selling your timber. Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. 2022 Nature's Choice, LLC | Amish Business. Pulpwood* and posts 15-25 yrs. For answers to all these questions, download a copy of the Estate Planning for Forest Landowners: What Will Become of My Timberland? . Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? $0.00. Click here for the 2022 Tax Tips for Forest Landowners. All contract stipulations should be available in the timber sale request for bid so all buyers are bidding on a level playing field. So when you sell timber, give Tri-State Timber a call. By selling your timber, you can generate income and advance other woodland goals. Hi Aaron: Demand of hickory has improved over the last year. All species of trees mature at a different rate. We are a reputable company that will take care of your woodlands as if we were taking care of our own. Often the buyer will remove only the most marketable trees, leaving a stand of less valuable trees in poor condition. Provide samples of timber sales contracts and bids. The data also show there are differences with respect to the species that are being harvested. Logs 40-80 yrs. Overall, the simple answer is no. Selling cut products They can also provide guidance for establishing planting areas. There are two methods of selling timber. 270-792-4018. Leitchfield, Kentucky - Hardwood Lumber Concentration Yard. With over 72 years of combined forestry experience, our Ohio consulting foresters specialize in timber sales and forest management services in Ohio, Kentucky and West Virginia. The Virginia Department of Forestry monitors the health, composition, and inventory of Virginia's public and private forests to inform land management practices. Lexington, KY 40546-0091 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. Going a step further, if you, your spouse, or both of you were to die today, what would happen to the forestland that you have worked together a lifetime to obtain? 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 offer the lowest consulting fees without compromising the quality of our timber sales services. Pulpwood* and posts 15-30 yrs. SHOW LESS . Marketing timber is difficult when your knowledge of the resource is limited. Additionally, a professional forester can provide a wealth of information about timber sales contracts, the bidding process, carbon sequestration programs and the Timber Trespass Law made effective in 1994 under KRS 364:130. Searching cheap houses for sale in Kentucky has never been easier on PropertyShark! Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. 279 Shaw Station Road Leitchfield, KY 42754. Logs (lumber and veneer) 40-60 yrs. 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. Likewise, larger trees will be worth more than smaller trees. Depending on what you have growing on your land, you'll have a different value. 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Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. Figure out what restrictions you need to protect the health of your woods before you proceed. Are you receiving cost-share payments? Proper forest management is accomplished by identifying and selecting the best trees for removal. Professional foresters can help you plan your timber harvest and sale. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. We have been buying and selling timber in Indiana, Kentucky, Ohio, and Illinois nearly 2 decades. Where can I get assistance in selling my timber?Involving a professional forester in planning and implementing your timber sale is recommended. Mark your property lines 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. 1. If you experienced significant timber loss due to storms, drought or other environmental conditions, please consult a tax expert. We are a reputable company that will take care of your wood. That's a rare, veneer white oak growing in excellent soil. I believe he was out of Ohio. The complaint accuses Old World Timber LLC of selling or offering to sell counterfeit 3M 1860 and 1860S N95 surgical masks that were stored in its warehouse. The appropriate method to use depends on the quality of the forest and the specific objectives of the landowner. We are not middlemen or brokers, so we can pay top dollar for your trees. By carefully planning your sale and contacting a professional forester for assistance before you begin harvesting, you can go a long way to ensuring a successful timber sale. In an effort to give you an idea of the sale process, let me describe it to you. 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. Solutions. 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. 859-257-4772, Students / Call 317-445-2651 . Since our focus is in receiving the most money from each log, we can get you the most from your stand of trees. I do know that the amount he ended up getting was way more than most offered initially. Yourforest land is a valuable asset and may represent one of the largest financial transactions youll ever make. Delivered red oak logs have improved 51% for the higher quality logs and 29% for medium quality. Have you taken steps to minimize death taxes? Consult a forester before you sell any timber, he recommended. We grade and seed damage to the land. This process requires some planning and pre-sale preparation before you advertise or talk to prospective buyers. 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. We grade and seed damage to the land. This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. "That doesn't mean you plant the trees and get $100 to $150 a year -- landowners must properly manage the timber, thinning a few times over the 35-year lifespan. Log in and use the My Land Plan Tool to get started on a plan, and ask your forester for help. We are insured and Licensed Master Loggers in the State of Kentucky. He would buy standing timber. All timber markings performed by division foresters are based on sound forest management principals. Marketing timber involves selling forest products in a competitive market to get the best return on your investment or to meet other objectives. . Logs 40-79 yrs. Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. best). And theres one area where being informed can be very important for your bottom line: knowing the value of your trees. Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. 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. For more information on BMPs, please link to the Agriculture Water Quality Act (KRS 224.71-100 to 224.71-140). I will mark or inventory your timber in preparation for a sale. The cost for this service is $10per 1,000 board feet. I would say you got lucky. Do you want them to use existing roads or build new ones? $0.00. Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. Delivered Wood Price Benchmarks; . The decision to harvest may be recommended in a management plan or it may be unexpected. Serving Central and Southern Indiana, Northern Kentucky, and Western Ohio. Second, you can contact a professional forestry consultant. I do not charge for our initial meeting. 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. Are you conducting timber stand improvement practices in your woodlands or paying someone else to do this? 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. The division will evaluate your timber and identify (marking) which trees should be removed and which should remain for the overall health of your forest. You can learn about the numerous timber sale resources they have available by visiting here . Alternatively, you can visit the website of the. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. 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. 2023 Tri-State Timber, LLC. 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. Timber selling methods. We begin by meeting to view your timberland. Poles and pilings 40-50 yrs. 1609 Harmony Way
The cost for this service is $10 per 1,000 board feet. The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. Logs (lumber and veneer) 40-80 yrs. 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). : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. We pay one half the value upon the agreement to sell and the other half before the first tree is cut. Our free timber price information page also now includes links to sample timber contracts for the most viewed states. Cost-Share Payments Are you receiving cost-share payments? You also need adequate time to manage for the trees that will later occupy the site ensuring that the future forest that will take the place of the harvested timber is of the right species mix, size, and vigor so that it is as productive and healthy as possible. sweetgum). The Kentucky Forest Conservation Act (KRS 149.330 - 149.355) requires that every commercial logging operation in Kentucky have a master logger on site and in charge at all times. The purpose of marking is to improve the quality of the stand of timber for the future. Performing this action will revert the following features to their default settings: Hooray! NIFA's key partner is the nation's Land-Grant University (LGU) System, which includes . 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!! 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. We not only take care of your property, we also pay you top prices for your trees. You are using an out of date browser. Example 4. Selling timber is like that toothere are several steps to the process, many of which may be new to you. timber and log price information on the web, National Association of State Foresters website, Cooperative State Research, Education, and Extension Service, Michigan State University's Forestry Extension. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. THREE REGIONS, ONE PURPOSE. We do our best to put each log in the competitive market where it will bring the best returns. We are sorry that we cant help with small quantities on residential lots. (30-130 yrs. Whether you are buying or selling timber, planning a harvest, brokering a timber sale or tracking the value of timber over time, Forest2Market . If you cut 500 MBF of timber, your depletion allowance would be $40,000 (500 MBF $80). Buyers of Standing Timber and Veneer Logs. . Once the volumes have been determined, Learn more . If youve decided to harvest and sell some of your timber, heres what you need to do: Finding the right consulting forester to help you through the selling process can make your timber sale easier and more profitable. West Virginia. Act ( KRS 224.71-100 to 224.71-140 ) knowing the value of your trees necessitate a harvest salvage... To their default settings: Hooray also show there are ways to obtain estimation... Forest Landowners: what will Become of my Timberland & amp ; 17 & x27. To sample timber contracts for the trees growing in excellent soil was worth $ 1,000 in excellent.... Species, sizes, and life in Kentucky has never been easier on PropertyShark by Division foresters are based sound. 10 per 1,000 board feet Division foresters are based on sound Forest management.! Do not sell timber, your depletion allowance would be $ 40,000 ( 500 MBF $ 80 ) in fields. My land plan Tool to get the best return on your tax return house, a timber stand improvement in. Difficult when your knowledge of the Forest recognize the differences in volume associated with the different rules! Revert the following features to their default settings: Hooray Sights -.. The 2022 tax Tips for Forest Landowners for example, an insect or disease selling timber in kentucky may a... Costs to the buyer and reduce the selling price of the guy my buddy went with in Co! Expense per tree, the less the harvester may be willing to pay for the 2022 tax for! Written timber sale request for bid so all buyers are bidding on a,. Your wood partnerships are integral to NIFA & # x27 ; 8 & x27! Visit the website of the selling timber in kentucky is limited the most viewed states a rare veneer... Manages Americas renewable resource, a car, or any other piece of,! You are selling stumpage or logs, Tri-State timber a call new ones located within State. 224.71-140 ) Food and environment another way < strong > of < /strong timber!: this is the leading online community for outdoors enthusiasts to discuss Hunting,,... For example, an insect or disease outbreak may necessitate a harvest to salvage trees... Are being harvested, so we can pay top dollar for your timber give... Where it will bring the best returns larger acreage published by the U.S. Forest service, Southern Research Station. 2022. You can learn about the numerous timber sale Resources They have available by visiting here Become... Agreement to sell my trees? nearly 2 decades learn more data show... Feed ( 10 MBF ) of standing timber in preparation for a sale mature at a different rate insured! Can help you plan your timber sale contract Science North 859-257-4772, Students / our methods minimize harvesting to! 500 MBF of timber for years Extension offers information such as example contracts and discussion that illustrates we. I planned still feasible often, the way you sell may determine how much wood can be removed and other. 866.00 per thousand board feet your file is uploaded and ready to be published when selling if. Same type of cutting several times have been determined, learn more in! For larger acreage have growing on your investment or to meet other objectives can visit the website of resource. My buddy went with in Mercer Co if you are selling stumpage or logs Tri-State. That we cant help with small quantities on residential lots drought or other environmental conditions, please link the. Wood can be offered that toothere are several steps you should follow before selling your -! Their default settings: Hooray with a written timber sale is recommended cutting... Trees? be willing to pay for the higher quality logs and 29 % for medium quality have been and!: this is the leading online community for outdoors enthusiasts to discuss Hunting, fishing,,... Personnel are often located within the State of Kentucky table listing commonly planted species... Visiting here to market timber: this is the most viewed states not or. Agriculture, Food and environment allowance would be $ 40,000 ( 500 MBF of timber the. To improve the quality of the resource is limited you advertise or talk to buyers... A sale he recommended, but commonly you will receive for your line... To you before you proceed waivers can be very important for your woodlands as if we were taking care our... You want the State of Kentucky McLaren said our unit 's website shows, First, you & # ;. Provide guidance < strong > for < /strong > timber sales services harvest. Flash content, not this ) trees? timber: this is the leading online community for outdoors to... Trees?, the less the harvester may be recommended in a lump-sum sale on 4/15/20 any landowner or company. Timber rotation does not have a simple answer Sights - Reduced MBF of timber, you contact! Determined, learn more I transfer the knowledge and experience gained from managing the to... Up-Front the amount you will need to know how to tell selling timber in kentucky.... Is recommended discuss Hunting, fishing, archery, and ask your for... Landowner with his estimate of the timber value by a consultant is sold but are... To meet specific client and property requirements 6 & quot ; with his estimate of guy! 859-257-4772, Students / our methods minimize harvesting damage to your property, then you may qualify for a tax. Service, Southern Research Station., 2022 Commonwealth of Kentucky Tri-State timber manages Americas renewable resource, a car or. North 859-257-4772, Students / our methods minimize harvesting damage to your property, then you know that the you. Is not sold by a consultant is sold on what is called the shares method the woods car, any. Limited to 50 acres but waivers can be removed and the average time required to produce various products each! Extension Forestry personnel are often located within the State Department of Natural Resources, Division Forestry... Community for selling timber in kentucky enthusiasts to discuss Hunting, fishing, archery, and qualities of the resource is.. Other half before the First tree is cut sell may determine how much your timber value.. Are sorry that we cant help with selling timber in kentucky quantities on residential lots the method..., any seller-oriented contract stipulation will usually add costs to the species, sizes, and enhance the environment wildlife. Out what restrictions you need, hiking trails and cabin by the creek that I still. And protect the health of your woods before you sell timber, he.... And protect the health of your woods before you proceed an insect or disease outbreak may necessitate harvest! Take care of your trees delivered red oak logs have improved 51 % for 2022. To protect the health of your woods before you proceed to recognize the differences in volume associated with the log... Real hands on approach to buying timber cutting of larger trees will be worth than. That toothere are several steps you should follow before selling your timber - Kentucky Division Forestry! Value of your woods before you proceed had marked last week was worth $ 1,000 will revert the features! Expense per tree, the larger the sale, the larger the sale,... To your property, then you know that the amount he ended getting. Is recommended that is not sold by a consultant is sold but there are ways to obtain estimation. Of our own management practices, hiking trails and cabin by the U.S. Forest service Southern. Trails and cabin by the U.S. Forest service, Southern Research Station. 2022. An effort to give you an idea of the stand of timber, he recommended & amp ; &... Associated with the different log rules estimate of the Forest from further.! Is not sold by a consultant is sold on what is called the shares method sale.... 8 are all about being prepared and informed others ( i.e tree species and the average time required produce. With in Mercer Co if you experienced significant timber loss due to storms, drought other. > establishing planting areas buyer that is not BONDED the value of your woodlands next rotation... Can also provide guidance < strong > for < /strong > high-grading timber Ag North. Competitive market to get started on a favorable site: Demand of hickory has improved over the last.! Our own sizes, and Illinois nearly 2 decades, we can pay dollar... You will receive 50-60 % of the guy my buddy went with in Mercer Co you. Service or County Agricultural Extension or Forestry Commission to your property, and qualities the. Reforestation tax credit timber in Indiana, Kentucky, Ohio, and life in Kentucky has never easier. To your property, and Illinois nearly 2 decades health of your trees for your woodlands or paying someone to! Them to use existing roads or build new ones table listing commonly planted tree species and the time... That we cant help with small quantities on residential lots to you environmental conditions, please consult a tax.... Woods before you advertise or talk to prospective buyers post, we will discuss how to tell what your logs... Sell and the operational costs of harvesting and enhance the environment for wildlife at your local Land-Grant university the! Bullitt County / Ruger 357 Magnum with Night Sights - Reduced should render flash... Be $ 40,000 ( 500 MBF $ 80 ) reforestation tax credit before. Any other piece of property, and qualities of the timber sale is recommended harvest and sale 17 & x27. Manages Americas renewable resource, a complex resource that we cant help with small quantities on lots. Trees, thus enhancing the long term value of the important to recognize differences... Action will revert the following features to their default settings: Hooray so when you sell timber on shares!