For those that have had timber cut on your land

[bigtex]

And where you located bigtex?

Check your PM's ;)

 

[PickettSFHunter]

I certainly think you can get more on a percentage deal...if you can trust the logger. BUT, one thing I learned recently is that if you do a percentage deal, the logs are yours and the loggers until they reach the mill. So when Johhny logger is driving that log truck down the road, guess what, you the landowner are partly liable for anything that could happen. And the only way to keep current with prices is through the Hardwood Market Report, but the subscription is $200 a year. It comes out once a week because timber fluctuates so much. I just go to a friends mill and look at his when I need to.

Where did you hear this? Logs are real property when they are standing (yours)...the logger cuts them and they become his personal property, until he sells to the mill and they become the personal property of the mill, at which time you are paid according to your contract with the logger. Furthermore, liability is tied to negligence. Your relationship with logger is contractual, he is not your agent, so there is no respondeat superior.....so how can you possibly deduce liability from a logging truck just because the logs came from your property?

Forester with 50 years experience first, then checked with lawyer. My logger even agreed. Its because you dont get paid until the mill buys them. Then you get a percentage of that. So you partially own the logs until they reach the mill. Ill take those professionals advice any day in this litigious society LOL

 

[SelphLogging]

Bsk, I've been extremely lucky so far I reckon, I've got a market for any species I come across other than pine. And even with a little bit of pine, I got a friend with a mill that would buy some. But then again, I keep a great track record and reputation with everyone so I might not feel the affects as some less reputable loggers.

Smstone, that's why there's contracts. But if you have a logger that your afraid would try to screw you in anyway, he just ain't the right Guy for the job to start with. Noone I work for is afraid that if I have a wreck and hurt someone, that I would expect them to be in any way responsible.

 

[timberjack86]

If its for investment purposes it great. For wildlife, yea it has its advantages too. For a piece of property you want to cut 20-30 years, no.

Its like this, if your in the market for a truck, and there's one of a $10,000 value, and you can get for $5,000, its a great investment.

Because like I said in my previous post, if what your saying holds up, that if it ATS for it, land is bare min at $600 an acre. So even if you have
$300 an acre in it, its smart.

As far as market prices, they're changing as we speak, no need to watch. The changes are so small that it doesn't affect mill prices hardly at all. I've been in the business for going on 2 years, and was in it working for someone else for the previous 1.5 years. And I have never had my prices at the mills I use ever change. The mills generally eat a little of that market change and gain a little on the change. We're talking pennies per board foot. Not enough for the mills to stress over.

Also ways of improving your land after a clear cut, is to have a good excavator come in and remove the stumps along the reseedable areas and torn to pasture or crop land according to type of terrain. I'm actually in the process of my own land now. A good trackhoe operator can remove 2-4 acres a day, at $100 an hour, so roughly $400-$500 an acre with dozer work added in.

So now you've created a $1300-$2000 out of a $600 an acre land.

And as far as the percentage, I said 40% +/- a few, cause out of total dollars including pulp wood,

I dont know if I understand you correctly. Your saying the mills never drop prices on your logs? We have been in the buisness 45 years and thats the biggest problem facing logging today. One day poplar is bringing 50 cents a board foot the next day there bringing 35 cents a foot. Same with any species the prices move so much it drives me crazy keeping up with whos paying what to get the best price for our logs. I have 10 mill numbers and each one useally pays a diffrent price each week.It pays for us to watch the market every day. Because the change is useally big.

 

[SelphLogging]

Not in my parts timberjack. Not saying your lying or wrong. But I associate with 4 different mills.

1: I haul my junk ties, beech, gum, etc. And get $50/ton. Also they buy poplar down to 14" at $50/ton.

2: I carry my hardwood ties and get 0.40 bf straight through. Also 3rd and worse poplar cuts at 0.30 straight through.

3: I take my grade logs and better cleaner oak ties, also first few cuts of poplars. Avg generally around 0.50 with veneer being an exception.

4: pulpwood at $24/ton.

And literally none of these have changed on me not one time in my almost 2 years of business.

 

[SelphLogging]

My top stave log and grade, not veneer, is 0.70.
My top red oak is 0.60.
My top poplar is 0.45.
My grade mill, I'm close to the owner, he is 70+ and they don't watch the market therefore they don't fluctuate like your more newer mills that are trying to keep the lights on. Only thing I can figure.

 

[timberjack86]

Your prices are pretty consitent with mine. But just last week I got 80 cents for red oak and 90 for whiteoak. Now its back down to 60. Always leaves me scratching my head as to why it moves one way or another on good grade logs.Your tie prices are the same as what I get, Where do you sell your pulpwood? We have been gettin 30$ a ton on ours.It pays for me to watch log prices week to week because like I posted above I got 80 cents for redoak last week.I am glad I sold my best last week :grin:

 

[SelphLogging]

I sell to inland. In waverly. Scragg wood is 30 here, but its 8" and above. That red oak price is pretty dang good. My mill wants only 8'8" red. And 10' white oak saw logs

 

[a retrohillbilly]

UT Extension has good tax info resources. Really check it out . You have capital gaines vs. regular/farm income. It would have to be cruised to establish a basis. If you buy and cut immediately, that may be different.

 

[Crosshairy]

This stuff is fascinating, but I sure am glad I don't have to bother with it.

Instead, I have to worry about gasoline & diesel prices, LOL

 

[BigAl]

I really thought these days were over, so I'm asking those of you that have done this before, are there any "gotcha's" that I need to be aware of when buying land and then turning around and logging it out?

So if you cut all of the trees, where do you hang a deer stand?

 

[richmanbarbeque]

I really thought these days were over, so I'm asking those of you that have done this before, are there any "gotcha's" that I need to be aware of when buying land and then turning around and logging it out?

So if you cut all of the trees, where do you hang a deer stand?

All he needs is a round bale to sight his bow in.