AgEBB-MU CAFNR Extension

Green Horizons

Volume 22, Number 2
Spring 2018

Forestry Industry

The Bid Box

By Hank Stelzer | MU Extension - School of Natural Resources

I will keep things pretty simple for this installment of The Bid Box. While three bids might seem like a low number to some landowners, especially with today’s relatively strong markets, keep in mind that three bids are better than the one offer you get from the logger showing up unannounced at your doorstep! And with a forester on your team, you are now an informed seller. Knowledge is power!

Ste. Genevieve County, Missouri

  • 77 acres, 660 trees
  • Estimated volume: 134,852 bd. ft. (International Scale)
  • Mostly a white oak stave sale with some low-grade lumber and railroad tie timber.
  • Forester valued the sale between $27,000 and $33,700
  • Three bids received
    • $40,455.00
    • $29,630.00
    • $23,200.00
  • Landowner took the high bid
  • Return: $525 per acre

If you are thinking about selling your timber, contact your professional forester now! Not only will they help you get the highest price for the trees in your woodlots that need to be harvested, but they can help ensure future harvests are profitable too! To help you become familiar with some of the aspects of selling timber, check out the following MU Guides:


G5051 - Selling Timber: What the Landowner Needs to Know

G5057 - Basic Elements of a Timber Sale Contract

G5056 - Managing Your Timber Sale Tax

These guides will help you better understand the ins and outs of marketing your timber and help you help your professional forester!

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