Are pine trees worth money?

Are pine trees worth money?

Your large pine trees may be valuable to timber-harvesting companies that sell them for lumber. The largest trees supply a greater volume of wood that can be milled into boards, siding and framing materials.

What is the best way to sell timber?

Lump-sum sales are the simplest way to sell timber. Typically, the sale is put up for bid and each potential buyer submits an offer for the designated timber. Lump-sum sales require buyers to have accurate volume estimates by species and product type to establish their bid.

Can you make money from timber?

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.

What is a full grown pine tree worth?

Older timber stands also typically allow for larger trees, which can affect the total stand volume or the price per tree….How Much Money is an Acre of Timber Worth?

How much are loblolly pines worth?

A Loblolly pine plantation earns about $1,000 per culled acre in year 11 from the sale of fence posts. Pine straw revenue averages $200 per acre in years, 7, 14 and 21. Harvesting mature wood in year 22 averages $3,000 an acre.

What are timber royalties?

Royalties are defined as payments tied to the extraction of the resource, meaning in the case of timber pay-as-cut contracts. (See IRS Announcement 90-129, I.R.B. 1990-48,10). Note that a lump-sum contract is one that definitely fixes the total amount to be paid in advance of cutting.

How does selling timber work?

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.

What kind of trees do Loggers want?

Some of the most recognized hardwoods include maple, oak, ash, beech, sycamore, alder and cherry. Another important factor in product value is tree size. Trees that are taller and larger in diameter will bring higher sale prices because they have more usable volume.