How is standing timber sold?
How is standing timber sold?
The two basic ways to sell timber are either as stumpage (standing timber) or as logs or other finished products. Log sales involve harvesting and processing your own timber and then selling the finished products that come from it: veneer, sawtimber, pulpwood, etc.
Is standing timber prices going up?
The Federal Reserve Board says the price index of lumber and wood products almost doubled from April 2020 to February 2021, the sharpest rise since 1946, when the post-World War II housing boom kicked in. Any trip to your local lumber store will confirm that prices are spiking.
What does MBF mean in lumber?
1,000 board feet
Board-foot volume usually is expressed in 1,000 board feet (MBF). Cubic foot. A cubic foot is a solid piece of wood 1 foot wide, 1 foot thick, and 1 foot long (figure 2). Cubic feet give a more accurate log volume estimate than board feet.
What is the value of standing timber?
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.
How much is my standing timber worth?
How do you price standing timber?
What does M mean in lumber?
The letter “M” stands for 1,000 in the lumber industry, so “MBF” is the abbreviation for 1,000 board feet. The definition of BF refers to a base volume that must be adjusted according to the specific type of lumber that is being measured.
Do you have timber in the south you want to sell?
If you have timber in the South you’d like to sell, contact us for a bid. We come to you, we pay cash, harvest cleanly, and offer reforestation and sound forest management strategy for the future. We are a core supplier of forest products to sawmills, wood dealers and many pulp and paper mills throughout the US South.
What determines the value of a timber stand?
Second, a timber stand’s value is dependent on the species, sizes, and qualities of the trees growing in it. 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.
How much does sawtimber cost in Appalachian hardwood prices?
Appalachian Hardwood Sawtimber Pricing by Species Species Price – $MBF Red Oak $210.00 Black Oak $180.00 Scarlet Oak $125.00 White Oak $425.00
Can I Sell my timber without professional forestry expertise?
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.
