Green Horizons Newsletter - AgEBB

Green Horizons

Volume 11, Number 1
Winter 2007

The Bid Box

(All volumes reported in Doyle Scale)

Adair County

  • 80 acres
  • 79 black walnut trees; 14,002 bd. ft.
  • 311 mixed oak; 60,340 bd. ft. (low quality due to age and unregulated grazing)
  • Consulting forester valued the sale at $23,500
  • 6 bids received
    • $15,000
    • $18,019
    • $19,687
    • $21,100
    • $25,034
    • $25,100
  • Return: $344 per acre

Henry County

  • 30 acres
  • 77 walnut trees; 13,920 bd. ft.
  • Consulting forester valued the sale at $18,100
  • 9 bids received
    • $12,550
    • $12,600
    • $13,660
    • $13,690
    • $14,020
    • $14,050
    • $15,561
    • $18,150
    • $18,620
  • Return: $621 per acre

Remember:
You cannot know if you are receiving a fair price if you don’t know what you are selling!


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