The statewide average mixed hardwood saw- timber price was $34.01 per ton, up 2% from last period. It was up 1% from the price a year ago. The statewide average hardwood pulpwood price was $7.56 per ton, down 9% from last period and down 12% from the price a year ago.
The more mature trees you have, the more likely it is that your timber is ready for harvest. 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.
Factors Affecting Timber Prices
Case in point: if the timber you're looking at grows near several mills, it may command a higher price than if your mill were the only one nearby. Timber prices also depend on growing conditions, which affect the cost to remove and transport timber to a mill.
First thin trees will typically go for pulp. The revenue varies depending on market conditions, but as an example, if pine pulp prices are around $8 per ton, the landowner should receive around $400-$500 per acre depending on how heavy the thinning.
Walnut trees are always one of the most demanded trees in the wood industry. Oaks, maples, cherry, and ashes are also valuable trees. A high-quality veneer tree with a large diameter can be worth a lot but they are rare. A common rule is the bigger the log, the more it is worth.
African Black Ebony is the most valuable wood in the world. A large, old growth tree could be worth a million dollars, but the last of these was probably cut down more than 50 years ago.
Depending on the end-use of the tree, the sawmill may require that it be a minimum size of 8 inches in diameter, with the top being at least 4 inches wide (as this is the minimum size needed to cut most types of construction boards).
Revenue from Selling Timber: Depending on the land, tree species, and demand for lumber, tree farmers can earn between $1,000 and $4,000 per acre of timber. If the land can support 200-250 trees per acre, this could generate a significant income.
Many forest landowners don't realize they can put their timberland to work to create income for their families. Depending on your seedling genetics and location, a final harvest could yield 70 to 140 tons per acre of the more valuable sawtimber.
Evans bases his pricing on, “sizing and coolness.” An 8,000-pound, heavily fissured stump with a burl on one side and huckleberry and lichen growing on it is selling for $3,000. Others go for much less. “If you can pick it up by yourself it's probably going to be $25,” Evans said.
The IRS code about timber sale taxation is a bit obscure. There are three main ways to reduce the tax bill; 1) report income as capital gains, 2) calculate the timber basis and depletion, and 3) keep receipts for all out-of-pocket expenses related to the timber sale.
While there is a tremendous amount of variation, the average acre of forest land in the United States contains 15.7 cords (or 39.3 tons) of standing timber, growing at a rate of . 59 cords per acre per year.
What Is the Black Walnut Tree Price? The Black Walnut is one of the most expensive and lucrative trees to sell, thanks to its high-quality dark wood. The tree ranges from $5- $10 per board foot, although it can cost more depending on other factors.
Consequently, they have become the most well-liked and sought-after choice for home furnishings and other types of furniture. Therefore, the trunk of an old walnut tree of twenty inches in diameter can fetch up to $800, while the trunk of an old walnut tree spanning forty to fifty inches in diameter can bring in $2000.
A fundamental feature of any contract is method of payment. In logging contracts, payment is most often based on either dollars per unit or a percentage of the value of the wood. Historically, loggers have worked on a percentage basis, and 50 percent of the value of the wood was standard operating proce- dure.
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. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids.
Depending on current timber prices, you could make some money. If this is the only reason you're thinking about cutting timber (but aren't excited about removing your park-like trees), there are other options that don't involve cutting. In fact, you can make a healthy side income without cutting your trees at all.
Common lengths at sawmills are 12' (12'6”) and 16' (16'6”). How small is too small for your mill? I can mill most logs down to toothpicks if you want; the real question is whether or not it's cost effective for you. In most cases, 8” is as small as I like to go because I can get a 6x6 out of the logs.
As an example, a tree with a dimeter of 20 inches will produce just over a full bush cord or about 1,200 pcs of 12 to 16 inch x 3 to 6 inch wide stacked pieces of firewood. The same tree, however, will produce almost three times that or about 3,000 pcs of 12 to 16 inch x 1 to2 inch wide stacked pieces of kindling.
If trees are selectively marked and the harvest is conducted sustainably and ethically, timber may be able to be harvested as often as every 10 to 15 years. This results in a continual source of income as well as continued maintenance, benefitting the overall health and productivity of the timber stand.
Most high-dollar logs are veneer-quality logs.
Veneer logs look like they came from the “log factory” and are perfect in every way; no signs of knots, straight, round, good color, good growth ring spacing, centered pith, no bird peck, no shake, no metal, fresh, and hopefully, big.
Pine timber generally sells for less than ten cents per board foot. So, a big pine tree might be worth $30. However, on a big well-managed plantation, that could add up to significant value on a per-acre basis.
They have found that a single tree provides $73 worth of air conditioning, $75 worth of erosion control, $75 worth of wildlife shelter, and $50 worth of air pollution reduction.