Unlike the plantation data, there is a clear trend of increasing stumpage prices over the three-year period for both clearcut and thinning timber sales on natural stands. Raw material price volatility is perhaps the single biggest enemy of successful budgeting for manufacturers. Timber is measured by the Board Feet per Acre of saw timber and either tons or cords of pulpwood. Required fields are marked *. [i] “Stumpage” is the term used for the purchase price of standing timber and the rights to harvest that timber. However, if you have a good stand of pine that is larger than the wheel on your car (about 16 inches diameter) and tall with clean bowls or trunks, then you may want to get a consulting forester to come and measure what you have. When land is limited, managers sometimes try to maximize value and growth per acre. Trees Per Acre Table (By Diameter and Basal Area) Dr. Kim D. Coder- University of Georgia, December 1996 Plantation Costs A Loblolly Pine tree plantation costs average between $150 and $250 per acre depending on how many acres are planted per project – more acres lowers the … In this blog post, I will go over how a stand of timber is measured. According to some studies, average yield of garlic per acre is between 10,000 and 12,000 pounds and yearly profit per acre is around $80,000 what makes this crop one of the best cash crops with the highest profit per acre. Prices are based on an average calculated from a sample of timber buyers across the U.S., and only intended to provide an estimate of trends and current prices. Note that these figures represent prices paid by competitive domestic facilities in the Inland Northwest, and are based on average-sized logs and standard log lengths—usually 16'6" and 33'. He will be able to value the replacement cost of the tree plus its aesthetic value. So i'm interested in any and all ideas of how to manage this crop, especially since i was told 15 acres is too small for the big operators to set up. He will provide a good estimate of volume and negotiate on your behalf the sale of the timber. Standing Timber … How Much Money is an Acre of Timber Worth? Some obvious and expected trends can be detected from the data above, namely, clearcut harvests of older timber are more valuable per acre. As detailed in the data above, there can be significant yearly swings in timber prices based on product type, age class and harvest type. Values are rounded to the nearest whole tree.) The clearcut price per acre on natural pine stands is slightly higher due to the presence of some hardwood sawtimber that is harvested along with the pine during a clearcut, which carries a higher price than pine in the current market. Two ways to look at forest value growth are value growth per acre and value growth percent. Price per thousand board feet > multiply reported price by 7.5. You will not be able to sell a pine tree in your yard. This new update will provide more detail by looking at values over a full 3-year period (2017-2019). The price report … For example, larger pine logs used to manufacture top-quality grades of lumber are more valuable in a region with multiple sawmills than are smaller logs that are converted to woodchips to make pulp and paper products. Based on these tremendous shifts in the market, I wanted to draft an update of our most popular blog post ever (How Much Money is an Acre of Timber Worth?) Most landowners prefer to clearcut their timberland when it is in the 26+ age class, since a majority of the trees have reached the higher-value sawtimber category. However, there are a couple of notable trends as well: Individual age class data is unavailable for natural stands of timber, however, the harvest information of natural pine stands illustrates similar price-per-acre ranges as the plantation pine harvest data. Pine seedlings planted averaged 553 per acre for hand planting and 613 per acre for machine planting (table 2). If you want to value a stand of standing timber, you will need a Consulting Forester. The price report provides state-wide, average standing timber prices for pine, oak, and mixed hardwood sawtimber, pine chip-n-saw, and pine and hardwood pulpwood. As a general rule of thumb, the larger a tree grows the more it’s worth, but there are exceptions. In the Southeastern U.S. pine lumber used for decking building and poles is a big business and there is an infrastructure to use that material. For instance, the huge demand shift for tissue products coupled with the slowdown in construction over the last several months presented an ideal time to market and sell timber from young pine stands. Interactive Business Intelligence Platform. Pine timber generally sells for less than ten cents per board foot. Table 3 is for sawlog­sized trees with DBH of 10 inches or more. In the South, stumpage is most often quoted in dollars per ton of wood, so we used that measurement to arrive at our values. Whoops, it looks like you forgot to assign fields to this form. By well-managed, I mean that it has been thinned at the right times to maximize the growth and clear lumber in the tree. On the other hand, the fifty year cut will average 4,500 bd ft/acre, and have a stumpage value of approximately $1,000.00/acre ($225.00/1,000 bd ft). The value can be appraised by and Arborist. He will conduct a timber cruise, tally up the board feet of timber and apply that to the current market price. However, second thinnings in the 21-25 age class typically remove more than just pulpwood, including larger chip-n-saw logs and smaller-diameter sawtimber. Hunting-Timber-Farmland Realtor, Land Specialist Steve Chilcote. Thinning values per acre for CNS and small sawtimber in the 16-25 age classes were up in 2018 but dropped markedly in 2019—a sign that supply of these products outpaced demand in that year. Also, there is expected to be an increase in home construction over the next few months, so this is a great opportunity to market older pine saw timber. A Forester will also be able to provide good advice as to how to manage your trees to maximize their value. The average cost of machine planting bareroot pine species on cutover land was 25 percent more than the average cost of hand planting all bareroot pine seedlings on similar sites. This mixture of harvested timber products will ultimately affect the price per acre. Pine trees are most valuable in a well-managed plantation. Pine Pulpwood: Pine Sawtimber: ... *Prices shown are based on per ton stumpage price. In general, pine logs fall into one of the following categories: For this new analysis, I analyzed US South prices for plantation pine stands on a per-acre basis by harvest type (thinning vs. clearcut) and age class (less than 15 years old, 16-20 years old, 21-25 years old and 26+ years old). Hardwood Harvest Time Frame and Financial Return. Active forest management can address forest health problems and increase growth rates driven by species composition or forest-stocking conditions. As a result, the size of the trees removed during thinnings and clearcuts are quite different and therefore vary in value. Actual prices may vary. Explore Forest2Market's Interactive Business Intelligence Platform. These pine timber stands most often go through even-aged management regimes where the majority of the trees present are the same age (+/- a couple of years). Often, people are talking about a few trees in their yard.eval(ez_write_tag([[250,250],'chilcoteforester_com-medrectangle-3','ezslot_6',103,'0','0'])); So, how much are pine trees worth? All prices in the report are shown per ton. A Forester can also manage a sale of trees from start to finish. Demand is what drives timber prices. Pine is not used much for structural wood. In my work as a Consulting Forester, I often get calls and in-person questions about what trees are worth. A pinestraw raking schedule of every 2-3 years can generate $100-$200 of income per acre. Often, a harvest design intentionally creates wildlife habitat and enhances biodiversity and, if done properly, will increase long-term timber value. However, on a big well-managed plantation, that could add up … Since we’re talking dollars and cents, it’s always instructive to stay abreast of market movements during periods of significant turbulence. Stand Rotation Life Span of Planted Pine is 35-40 Years They are an add-on to a hardwood timber sale. for 95 to 98 percent of the variation in tree weight. By adding this to your plan, you can increase per-acre NPV to approximately $267.00 per acre and increase the total tract NVP to just over $8,000.00 (Figure 17). Landowners can improve stand quality and reallocate stand growth by using appropriate silvicultural practices such as intermedi… This is typically governed by the fact that thinnings in higher age class stands are less common and usually yield less volume per acre, which results in a lower price per acre. During thinnings on natural stands, more material is therefore typically removed, resulting in an increase in volume and price per acre. The cost share available is short leaf pine focused with money for reforestation, burning, herbicide applications, and thinning (both pre-commercial and commercial). In the case of white pine, they may have had insect damage when they were saplings and are very limby with no clear wood. Forest2Market’s direct market price data and specific harvest volume information provide the most complete and accurate timber pricing service in the southern US. Not surprisingly, first thinnings of young timber brought lower prices from 2017-2019 due to the smaller trees that were removed; only pulpwood and smaller logs that fall into the chip-n-saw category are harvested at this time. That depends on whether you are talking about a yard tree or a stand of timber. The value of pine trees in the forest or in a plantation can be appraised by a Consulting Forester. - Planting: $75.00 +/- Per Acre* (This includes 500 +/- pine seedlings per acre and the labor of planting) *40% of the planting cost can be reimbursed by the state Landowner Cost: $45.00 +/- Per Acre Total Expense: $230.00 +/- Per Acre. In contrast I once sold a stand of big walnut trees that brought $6,000 per acre. This information is made possible through an agreement with Timber Mart-South. Contact TMS directly for 4Q2020 reports or news Last updated: 14 Jan 2021, Next update: 18 Apr 2021 I asked a friend who logs for a living and buys and sells timber land what the land was worth before i made an offer. Part of the land has good pine trees on it. I also analyzed US South prices for natural pine stands by harvest type (concise age class data is unavailable for these harvests). Southern Timber Prices Jumped Nearly 10% in 3Q2020, Manage Raw Material Price and Plan for Success During Budgeting Season, Logs 5”-7” diameter at breast height (DBH) are considered “pulpwood”, Logs 8”-11” DBH are considered “chip-n-saw” (CNS), Logs 12”+ DBH in diameter are considered “sawtimber”. 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