AgEBB-MU CAFNR Extension
Green Horizons
Volume 23, Number 3
Fall 2019
Forestry Industry
The Bid Box
By Hank Stelzer | MU Extension - School of Natural Resources
Case: Callaway County, Missouri The last forester-administered harvest on this 119-acre tract in the Kingdom of Callaway was about 25 years ago. The landowner has an interest in quality deer habitat. So, the forester marked the sale mainly as a thinning, leaving a lot of good-quality trees for acorn production and a future harvest. He also marked some group openings to create some early-successional habitat and encourage new oak seedlings and sprouts.
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The Bid Box Explained...
The spread in bids was pretty impressive. The forester told me the lower bids were from loggers who typically harvest trees on shares with a landowner and only occasionally buy timber on a lump-sum basis. This is why I personally feel competitive, lump-sum sales are the better way to go, especially if tree quality is good as in this sale. It encourages better utilization of all trees as loggers seek out the best markets for the marked trees.
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!