Now assume that walnut prices increase 8 percent per year in terms of 1994 dollars for 40 years and the price of the car stays the same. 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 of those things can affect how much wood can be removed and the operational costs of harvesting. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. Saw Log NOTES: ALL SAW LOGS REQUIRE 6″ TRIM. If interested, give us a call to arrange a bid. Alternatively, you can visit the website of the. Black walnut: $5,508: $3,923: $2,760: 4.3: Doyle MBF: 6: Doyle (North) Veneer: White oak: … * Pricing reflects data collected from Northwest Georgia, East Tennessee, and Western West Virginia. LENGTHS; RED OAK Prime, Select and #1 logs 8’6″, … Timber prices are directly affected by the forces of supply and demand. For information on a … If mills need wood, prices go up. Timber Update exists to give landowners access to timber companies that compete for your business. © 2020 Timber Apps, LLC. Timber Price Information and Contacts. Click for specs and prices. and "What's the best way to sell my trees?" Other valuable … Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. We have hardwoods and specialty woods. Timber Update helps landowners by connected them with local timber pros, education and by updating landowners on market conditions. What Is My Timber Worth, and How Do I Sell It? 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. Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. When there’s more competition over wood due to any number of factors, the price goes up. Walnut $1.70 per bf. 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. You can fill out a form and get connected or you can search our timber company database and connect with a timber company yourself. clear saw log = $144 , $1.40 per bf. Prices updated November 23, 2020. 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 distance your timber has to travel before it reaches the mill is taken into account by timber companies when bidding for your timber. Using Timber Update is free and easy! Timber Value Most black walnut trees are grown to … This is for at least five possible reasons. SAW LOG PRICES. If mills don’t need wood, prices go down. Selling timber is not simple, and there are many potential ways in which a landowner working without professional forestry expertise can be taken advantage of. The University of Missouri's Center for Agroforestry lists 2010 walnut buying prices ranging from $0.13 to $0.45 per pound of harvested walnuts. If your timber grows near a lot of mills, your timber might command a higher price than if the timber … 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. 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. The same factors that determine regional prices, also influence markets in different states. Distance – Wood has to be delivered to a mill before it’s processed. veneer log= $224 Hard Maple $.75 per bf. It costs you nothing to get connected with a company in our network. Prices updated November 23, 2020. Multiply the price … States are very similar to regions, because the market effect on timber prices is universal. 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. If a mill can only get the product it needs in Region A, you can bet they’re not going to build a mill or buy wood in Region B. veneer log= $560 Cherry $.90 per bf. 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. 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. In other words, if you add a decimal in front, that would be price per board foot. 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. Stephanie Laseter, Biological Scientist - SRS Experimental Forest Network Lead, 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. 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. When there’s less competition, because of any number of factors, the price goes down. Below we talk about how to answer these questions. 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. Competition – Ultimately, timber markets are driven by competition. Often, the larger the sale, the higher the price per unit of wood that can be offered. 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. Higher costs translate into lower prices offered. Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. Price; Walnut 4 / 4 thickness: $5.25: Walnut 8 / 4 thickness: $6.25: Quartersawn Walnut : $7.50: Wide Stock Walnut (7″ – 10″ width) $1.00 + Widest Stock Walnut (10″+ width) $2.00 + Live-edge Walnut Slabs Price; Live Edged Black Walnut Slabs 14-20″ Wide: $9.00: Live Edged Black Walnut Slabs 21-36″ Wide: $10.00: Live Edged Black Walnut Slabs 36″+ Wide: $12.50