Green Horizons

It’s Baaaack… The Bid Box Returns!

Timber markets are beginning to show some signs of life. The ‘experts’ are debating whether this is the beginning of a sustained recovery or a simple short-term supply/demand response. At any rate, one fact remains… in strong or soft markets it always pays to seek competitive bids for your timber!

This timber was marked in February 2009, but was not put on the market until January 2010 because of the very low demand for timber. FYI, this consulting forester did not complete even one timber sale in 2009.

Shelby County

• 50 acres
• 974 mixed hardwoods (71 black walnut, 903 other hardwood species)
• Estimated volumes: black walnut - 11,050 bd. ft.; other hardwoods - 155,900 bd. ft.
• Forester valued the sale at $26,000 to $36,000

Nine bids:

• $32,661.81 (accepted)
• $30,211
• $26,500
• $22,500
• $19,875
• $16,000
• $15,080
• $13,309
• $10,000

Return: $653 per acre

Do you have a timber sale for The Bid Box? We would love to hear from you!