AgEBB-MU CAFNR Extension

Green Horizons

Volume 21, Number 2
Spring 2017


Forestry Industry

The Bid Box

By Hank Stelzer | MU Extension - School of Natural Resources

It is a straightforward Bid Box this time around.

Cape Girardeau County, Missouri

  • 40 acres
  • 324 marked trees
  • Estimated volume: 93,656 bd. ft. (International Scale)
    • Over 80% of the volume was in black oak, yellow-poplar, and northern red oak
  • Good access to most of the timber along a highway frontage
  • 18-month contract period (most contract periods are 12 months)
  • Forester valued the sale at $21,000
  • Four bids received
    • $27,160.24
    • $22,150.00
    • $18,030.00
    • $13,250.00
  • Landowner took the high bid
  • Return: $679 per acre

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