Georgia Timber Prices Click to see full answer. Also know, how much does timber sell for? The twenty year cut will only average 1,500 bd ft/acre of merchantable timber, and have a stumpage value of approximately $210.00/acre ($140.00/1,000 bd ft).
Full Answer
How much timber is produced annually in Georgia?
According to 2017 inventory data, Georgia’s annual forest growth exceeds forest removals by 48%, 35%, and 103%, for all species, softwoods, and hardwoods, respectively. Furthermore, commercial timber is growing at a rate of 65 cubic feet per second, or two tons per second! Learn more.
How much is timber worth in Georgia?
The timber and paper products company posted revenue of $2.21 billion in the period. For the year, the company reported profit of $2.61 billion, or $3.47 per share. Revenue was reported as $10.2 ...
What is the average price of timber?
Your total cost is $100 per thousand board feet. $0.10 x 1,000 = $100 per thousand board feet Of course, this example uses rough figures. Hopefully, your costs are much less than $100 per thousand board feet. This way of calculating cost will help in determining the cost of many unknown circumstances that show up on a logging job.
Is lumber going back up?
The price of lumber is climbing again. Here's why. Lumber prices have had a volatile year. After steadily rising through the end of 2020 and the beginning of 2021, lumber prices skyrocketed up to an all-time high in May, driven by historic levels of demand and mounting supply chain issues. Relief came in the summer as the cost of wood gradually began to return to historically average levels.
What are timber prices in GA?
Georgia Timber PricesPRODUCTDEC 2021NORTHWESTCENTRALPine CNS$31.00$27.00Hardwood Pulpwood$11.00$12.00Hardwood Sawtimber$38.00$37.002 more rows•Dec 1, 2021
How do you calculate the value of timber?
The more mature trees you have, the more likely it is that your timber is ready for harvest. 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 do I sell timber in Georgia?
Timber is generally sold by one of two methods: negotiation or sealed bid. You should seek the advice of your registered consulting forester to determine which method best achieves your harvesting objectives. between you (the seller) and the buyer.
What is the average value of timber per acre?
How Much Money is an Acre of Timber Worth?Pine Timber Values/AcreYearPlantation*Natural2018$1,694$1,7382019$1,566$2,055*Average of all age classes excluding <15 (clearcut)1 more row•Jul 14, 2020
What trees are worth money?
Walnut trees are always one of the most demanded trees in the wood industry. Oaks, maples, cherry, and ashes are also valuable trees. A high-quality veneer tree with a large diameter can be worth a lot but they are rare. A common rule is the bigger the log, the more it is worth.
Are pine trees worth money?
Pine timber generally sells for less than ten cents per board foot. So, a big pine tree might be worth $30. However, on a big well-managed plantation, that could add up to significant value on a per-acre basis.
How much is a tree worth?
They have found that a single tree provides $73 worth of air conditioning, $75 worth of erosion control, $75 worth of wildlife shelter, and $50 worth of air pollution reduction. Compounding this total of $273 for fifty years at 5% interest results in a tree value of $57,151.
What are oak logs worth?
An oak tree in a timber sale can be worth anywhere from 15 cents a board foot for pallet material quality up to $1.20 per board foot for high quality logs.
How do you make money from timber on your land?
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.
Is timber a good investment?
Timber has been one of the most consistent investments over time, and a great hedge against inflation. According to value investor Jeremy Grantham, it's risen 3% more than inflation for more than 90 years. Timberland has also beaten the stock market over the long run, and with less volatility.
How can I make money with timber?
0:492:24Make Money On Your Timber | Consulting a Forester - YouTubeYouTubeStart of suggested clipEnd of suggested clipThere are consulting foresters that are professionals trained in the field. That. Would work for youMoreThere are consulting foresters that are professionals trained in the field. That. Would work for you in identifying marketable trees on your property.
What is stumpage value?
Stumpage is the price a private firm pays for the right to harvest timber from a given land base. It is paid to the current owner of the land. Historically, the price was determined on a basis of the number of trees harvested, or "per stump".
What type of wood is best for Georgia?
Hardwoods do well in the north. Trees such as oak and poplar traditionally provide better quality wood in the northern part of Georgia as compared to the southern region. But better wood doesn’t necessarily translate to better production. In recent years, the removal rate of Hardwoods in the north has notably declined. Some of this may be due to a harvest rotations–hardwoods take between 50 and 80 years to reach maturity versus the 10 to 40 for pine–but the more significant factor is a decline in the demand from mills.
What does more mills mean in the timber market?
Contrary to the north, sawmills litter the landscape across the southern “Coastal” plains. More mills means more demand , which translates to higher prices per ton of wood.
What is a pole in North Georgia?
This feature of Loblolly also explains the near nonexistence of what is referred to as “poles” in North Georgia. Poles (which come “large” or “short”), are the creme de la creme of timber products, and therefore go for the highest prices. Though occasionally the northern region produces such trees, it’s been the exception and not ...
What is the name of the pine tree in Georgia?
Regarding pine, it’s important to note that the northern region of Georgia (often referred to as “the Piedmont”) is dominated by a specific species: Loblolly. Beloved for their adaptability and rugged determination to grow, loblolly pines are also relatively easy to manage and space within a timber track.
Why are loblolly pines less valuable than other pines?
Loblollys are often valued slightly less than other species due to their penchant for twisting and tendency to hold on to limbs a little longer than desired.
How long does it take for hardwoods to mature in the North?
Some of this may be due to a harvest rotations–hardwoods take between 50 and 80 years to reach maturity versus the 10 to 40 for pine–but the more significant factor is a decline in the demand from mills. Mills in the north are scarce.
What are some hardwoods that are similar to the Southern Region?
Loblolly, Slash, Virginia, Longleaf, and more. Hardwoods, similar to the Southern Region, might not grow as prolifically as in the Northern Region, but they are certainly valuable.
How many thinnings does a plantation pine tree need?
Even-aged plantation pine stands typically experience 1-2 commercial thinnings and one final commercial harvest, or clearcut. When following this model, thinnings typically remove smaller trees at younger ages and clearcuts remove the remainder of the larger trees at older ages.
What happens to pine trees when they are thinning?
During thinnings on natural stands, more material is therefore typically removed, resulting in an increase in volume and price per acre.
Does a clearcut remove standing timber?
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. This mixture of harvested timber products will ultimately affect the price per acre.
Is clearcut timber more valuable per acre?
Some obvious and expected trends can be detected from the data above, namely, clearcut harvests of older timber are more valuable per acre. However, there are a couple of notable trends as well:
Does older timber affect the price per acre?
Older timber stands also typically allow for larger trees, which can affect the total stand volume or the price per tree. The increased timber volumes combined with a mix of hardwood sawtimber will result in a higher price per acre.
What Is My Timber Worth?
Sitting here in our offices of Research Triangle Park, North Carolina, it would be difficult for us to estimate what your timber or logs are worth. This is for at least five possible reasons.
How Do I Sell My Timber?
Our recommendations on how to sell timber are similar to those for determining what timber is worth: