When following this model, thinnings typically remove smaller trees at younger ages and clearcuts remove the remainder of the larger trees at older ages. However, it is important to note a clearcut will remove all standing timber on a tract of land, which, even in the case of a managed forest in the 26+ age class, will include both pulpwood and chip-n-saw logs. In the case of white pine, they may have had insect damage when they were saplings and are very limby with no clear wood. Yard trees have their value in aesthetics and shade. Trees sold for pulpwood are often measured in cubic feet or cords, where a cord is a stack of wood measuring 8 feet long, 4 feet high, and 4 feet wide. Basal Area (square feet per acre). A stand might be scheduled for harvest when it no longer produces, for example, 500 board feet (or its economic equivalent, depending on markets, say $60) per acre per year. This kind of information can be very useful in determining emerging market trends, which can be used to guide operational and strategic planning for both sellers and purchasers of pine timber. Harvest Time Frame and Financial Return. Whoops, it looks like you forgot to assign fields to this form. If you want to value a stand of standing timber, you will need 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. You will not be able to sell a pine tree in your yard. So, a big pine tree might be worth $30. Pine trees are most valuable in a well-managed plantation. After 10 years they harvest the trees for pulp wood to leave a 10 ft by 10 ft pattern of trees (4,360) trees per acre. The product ratio within the stand is 2/3 pulpwood trees and 1/3 chip-n-saw. Hunting-Timber-Farmland Realtor, Land Specialist Steve Chilcote. The guy told me that the pine trees were worth about $700 an acre profit to me. In forestry vernacular this is called “pines in lines.”eval(ez_write_tag([[336,280],'chilcoteforester_com-box-4','ezslot_9',106,'0','0'])); In a forest setting with an occasional pine tree, nobody goes there to pick at the pines only. For sellers, a trained forester is essential to provide insight into local market dynamics and help determine an accurate amount of merchantable wood that exists on an acre of timberland. To convert the reported price to a price per thousand board feet or price per cord, use the following conversion factors: Pine – to convert price per ton to: Price per cord > multiply reported price by 2.68. Table 2 is for pulpwood trees which are 6 to 9 inches in DBH. To provide a stable yearly income, most growers plant or re-plant one-eighth of their acreage every year, which is about 200 trees per acre. 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. 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. The original blog post analyzed values based on a rolling 12-month time frame. Explore Forest2Market's Interactive Business Intelligence Platform. Your email address will not be published. Part of the land has good pine trees on it. 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. Raw material price volatility is perhaps the single biggest enemy of successful budgeting for manufacturers. 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. In the South, stumpage is most often quoted in dollars per ton of wood, so we used that measurement to arrive at our values. 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. Table 3 is for sawlogsized trees with DBH of 10 inches or more. If you can harvest 100 bales per acre and receive $1.00 per bale, that would amount to $100.00 per acre of additional revenue in years 8, 10, 12, and 14 (Figure 16). I also analyzed US South prices for natural pine stands by harvest type (concise age class data is unavailable for these harvests). 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. 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). With that said, letâs explore the questionâ¦. Also, it’s likely that a given tree can yield more than one product. ... A tall, large diameter branch free white pine … How Much Money is an Acre of Timber Worth? I have marked timber on land that has nothing but pulpwood where the value was around $60 per acre. ©2021 Forest2Market, INC. All Rights Reserved. Even-aged plantation pine stands typically experience 1-2 commercial thinnings and one final commercial harvest, or clearcut. Often, a harvest design intentionally creates wildlife habitat and enhances biodiversity and, if done properly, will increase long-term timber value. Demand is what drives timber prices. Calculate The Number Of Trees Per Acre And Spacing Between Each Tree How Much Carbon Your Tree Captures? for 95 to 98 percent of the variation in tree weight. $ per Acre Trees, 203 @ $6/tree $1,218 Level ground $500 Irrigation system with well $1,000 Trellis system and planting $1,000 Suckering $2 Cultural costs (pest control, fertilization, water, etc.) it is simply not worth the time and risk for someone to cut it down and take it away. $300 TOTAL $4,020 Amortized over 40 years @ 7.65% $325 Assuming $7 per ton for pulpwood and $15 for chip-n-saw, the annual value growth for the … 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. From biomass suppliers in the Baltics to pulp producers in Brazil and TIMOs in the United States, Forest2Market provides products and services for suppliers, producers and other stakeholders in the global forest products industry. The largest trees supply a greater volume of wood that can be milled into boards, siding and framing materials. In contrast I once sold a stand of big walnut trees that brought $6,000 per acre. For a quick comparison of the two, the table below illustrates clearcut values of sawtimber-sized logs from both plantation and natural timber stands over the last three years. 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. Price per thousand board feet > multiply reported price by 7.5. The value can be appraised by and Arborist. This value can vary widely depending on the species and quality of trees on that acre. However, on a big well-managed plantation, that could add up … This information is made possible through an agreement with Timber Mart-South. The value of pine trees in the forest or in a plantation can be appraised by a Consulting Forester. Like thinnings, clearcut values per acre for timber in the higher-value age classes all decreased in 2019, also a sign that supply outstripped demand. 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? 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. Forest2Marketâs direct market price data and specific harvest volume information provide the most complete and accurate timber pricing service in the southern US. My standard answer is “it depends”. The trees need thinning at least, plus loblolly is mostly grown for pulp wood, but it's tough for me to reduce an 8diameter 30' tall tree to just pulp wood, sorry if i sound like a tree hugger. Your large pine trees may be valuable to timber-harvesting companies that sell them for lumber. Often, the larger the sale, the higher the price per unit of wood that can be offered. There are a couple of considerations to keep in mind when analyzing the natural pine data: In the chart above, the expected higher stumpage value for clearcut timber sales is evident. So, a big pine tree might be worth $30. Alabama State-wide Average Stumpage Prices - US$ per ton; Source: TimberMart-South See also sample Summary Report and State Report (also in PDF format). Pine ... (Figure 5) with 51 trees per acre in the sawtimber class (13” dbh class and larger, highest valued inventory) versus 33 trees per acre from the row + even thin scenario. He will be able to value the replacement cost of the tree plus its aesthetic value. 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 … A Forester will also be able to provide good advice as to how to manage your trees to maximize their value. sawtimber is worth over 6-times what pine pulpwood is worth (TM-S 2005, Table 1). Some obvious and expected trends can be detected from the data above, namely, clearcut harvests of older timber are more valuable per acre. In keeping with the format of the original post, the information below includes pine stumpage[i] values from timber sales across the US South for both natural and plantation stands that were harvested either in thinning (selective tree removal) or clearcut (complete harvest) operations. "Timber buyers routinely purchase tracts of five acres or less." [i] âStumpageâ is the term used for the purchase price of standing timber and the rights to harvest that timber. A Forester can also manage a sale of trees from start to finish. Pine is not used much for structural wood. Red pine trees that can be manufactured into utility poles may be more valuable than those large enough for sawtimber or log cabin logs. By well-managed, I mean that it has been thinned at the right times to maximize the growth and clear lumber in the tree. So, as you can see, there are many factors that effect the value of trees. Hardwood 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. Thinnings of CNS and small sawtimber in the 16-25 ages classes command a higher price per ton than pulpwood, but the price differential between the age classes is minimal. Naturally regenerated stands of pine timber often have a higher density of trees than do plantations. 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'. Trees Per Acre Table (By Diameter and Basal Area) Dr. Kim D. Coder- University of Georgia, December 1996 The rates are $150/acre for reforestation, $15/acre for burning, $40/acre for herbicide work, $25/acre for commercial thinning, and $125/acre for pre-commercial thinning. 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). Like thinnings, clearcut values per acre for timber in the higher-value age classes all decreased in 2019, also a sign that supply outstripped demand. They gererally want the trees planted in a 5 by 5 foot pattern (14,452) trees per acre). Older timber stands also typically allow for larger trees, which can affect the total stand volume or the price per tree. Pine seedlings planted averaged 553 per acre for hand planting and 613 per acre for machine planting (table 2). hbspt.cta._relativeUrls=true;hbspt.cta.load(299583, '4c344714-8bd4-4eef-9ee7-ef4fbd63d5a6', {}); Subscribe to Forest2Market's email updates, right in your email, North America - Charlotte Headquarters+1.704.540.1440. Pine timber generally sells for less than ten cents per board foot. All prices in the report are shown per ton. A Certified Arborist could give you an appraisal on a particular tree. 60 feet Current Age 10 years Current Pine Trees/Ac 500 Current Pine Basal Area 100 sq. 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. Active forest management can address forest health problems and increase growth rates driven by species composition or forest-stocking conditions. It is used for barn siding. 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. Likewise, there will also be good sales opportunities for older pine sawtimber as new home construction gets back on track over the next few months. Timberland owners in the US South who manage their land for timber production predominately manage for the growth of large pine logs. Our timber price database is continually updated and contains comprehensive sales data from more than $6 billion in actual timber transactions across the entire region. Required fields are marked *. Value depends on species, quality and current market conditions. To value a pine tree in the yard, you would need to have it appraised by an Arborist. A plantation could have many board feet to the acre if it was thinned correctly or it could have a bunch of crowded and stunted trees that are worthless.eval(ez_write_tag([[300,250],'chilcoteforester_com-medrectangle-4','ezslot_7',104,'0','0'])); A plantation has to be large in order for someone to be interested in coming to harvest it. InitialStand Conditions (per acre) Site Index (age 25 yrs.) ft. Taxes Capital Gains 15% State Tax 5% All values were kept on an uninflated basis and no other … Another grower and customer favorite is Elephant garlic, whose large, mild cloves bring $6-$8 per pound. As detailed in the data above, there can be significant yearly swings in timber prices based on product type, age class and harvest type. Pine timber generally sells for less than ten cents per board foot. Since weâre talking dollars and cents, itâs always instructive to stay abreast of market movements during periods of significant turbulence. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. The price report … Two ways to look at forest value growth are value growth per acre and value growth percent. to provide some revised trends, context, and related information about the value of pine timber per acre. That way you have a good valuation of your trees. Some recommend planting 445 container seedlings per acre (14 feet between rows and 7 feet between trees… This new update will provide more detail by looking at values over a full 3-year period (2017-2019). Demand is heavily influenced by location, surrounding mill types, proximity to those mills, and the volume and type of timber products consumed in a given area. Contact TMS directly for 4Q2020 reports or news Last updated: 14 Jan 2021, Next update: 18 Apr 2021 Interactive Business Intelligence Platform. Trees, in general, vary enormously in value. So, there is little demand for the lumber. Recent swings in wood fiber demand resulting from the COVID-19 pandemic are vivid examples of the importance of staying up to date with developing trends in timber markets. How Much Money is an Acre of Timber Worth? Landowners can improve stand quality and reallocate stand growth by using appropriate silvicultural practices such as intermedi… They are an add-on to a hardwood timber sale. These trees are allowed to mature for timber, and are harvested at … 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. 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 … Timber harvesting is an integral part of forest management. This infrastructure creates a better market for pine than here in the northeast. A Forester can measure the trees with a timber cruise to provide you an estimate of the number of trees, the board feet of sawlogs and the amount of pulpwood ad apply that to the current price of that material. Before we can determine how much an acre of timber is worth, we first need to understand the law of supply and demand ultimately drives the price of timber. In this blog post, I will go over how a stand of timber is measured. As a general rule of thumb, the larger a tree grows the more it’s worth, but there are exceptions. Prices for timber products can vary considerably even from county to county in a specific region based on demand. Clearcuts, on the other hand, typically carry a higher price per acre due to the average size of the trees and the volumes of material removed. The increased timber volumes combined with a mix of hardwood sawtimber will result in a higher price per acre. The volume and types of products available on a tract of timber will therefore determine the value per acre. Compared to white oak today at 50 cents per board foot, it takes a lot of very high quality pine to have much value on an acre of land.eval(ez_write_tag([[250,250],'chilcoteforester_com-banner-1','ezslot_10',107,'0','0'])); The most valuable pine trees are in a well-managed plantation. 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. He will conduct a timber cruise, tally up the board feet of timber and apply that to the current market price. The following North Carolina standing timber price information is reported on a quarterly basis for North Carolina. The tables give the weight in pounds of loblolly pine boles to a 3inch top. Pine prices in PA are down around 7 cents per board foot. 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