Tennessee Timber News

an e-publication by Tennessee Timber Consultants

(all rights reserved)

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2012 Second Quarter

Welcome to Our Latest Newsletter

We make no secret that our company, Tennessee Timber Consultants, firmly believes that the very future of our forests depends upon the protection of the individual rights of woodland owners who will make their own informed decisions on all matters pertaining to their lands. TENNESSEE TIMBER NEWS is dedicated to keeping our clients and colleagues informed on current events, as well as political, economic and technical issues that are important to the owners of Tennessee’s private forestlands.

Tennessee Timber Consultants is among Tennessee’s growing number of private forestry consulting firms offering a full range of professional and technical services needed by woodland owners. With our forestry and marketing staff we bring more than one hundred years of professional forestry and marketing expertise to the table for the benefit of our clients all across Tennessee. We guarantee PROFESSIONAL EXCELLENCE, and you should settle for nothing less.  Our staff of Professional Foresters offers this excellence from four offices located across Tennessee.  No matter where in the state you are, we have one or more foresters who can serve all your forest management needs.

 Market Report

Overall hardwood sawtimber markets seem to be holding steady, with prices fluctuating, as expected, among species and grades on a weekly to monthly basis.  Our hardwoood sales are generating buyer interest and offers at or above expectations. Timber on all sites are creating considerable interest. 

 
Hardwood Export Timber

White oak veneer logs are in high demand and are bringing very favorable prices.  We are getting reports that walnut veneer demand has fallen off as have prices.  Red oak is favorable but, as always, red oak veneer is mainly sought after in East Tennessee. Yellow-poplar demand is on the rise.

Domestic Hardwood Sawtimber

White oak and red oak prices remain favorable, and tracts containing oak species have attracted a lot of interest. We are also recommending the sale of soft hardwoods and tie quality sawtimber, including gum, maple, and ash, due to market improvements.  Again, yellow poplar demand and prices have recently increased for all grades.

Pine Sawtimber

The southern yellow pine sawlog market continues to struggle and will likely continue to do so until yearly housing starts increase significantly. Therefore, we strongly recommend waiting for a market uptick before considering the sale of pine sawtimber.
 
Hardwood and Pine Pulpwood

Pulpwood is currently in low demand across the board and virtually all producers are on limited delivery quotas.  Typically, these prices flucuate on a month-to-month basis depending on weather and availability. 

Austin’s Outlook

Capital Gains

Austin Carroll, Consulting Forester

 

The Agricultural, Forest, and Open Space Act of 1976 (Greenbelt Law) is a law that allows for a property tax break for certain land uses. Under this Act, properties classified as farmland, forestland, or open space land can receive a tax break by being taxed based on the present use value of the property rather than the market value.

In order to qualify for the Greenbelt tax breaks for forestland, a landowner:

·         Must own a minimum of fifteen (15) acres of sustainably managed forestland

·         Must have a forest management plan

·         Cannot exceed 1500 acres per county

·         Must apply before March 1st

·         If approved, the application must be recorded at the county register’s office

If you qualify for forestland greenbelt, or have questions about forest greenbelt contact me at 731-608-2933 (cell) or 866-968-2953 (office)

 

Timber Sales On-line 

All upcoming timber sales can be viewed from the "Timber Sales On-line" tab on the left-hand side of the page or by simply clicking here. Tennessee Timber Consultants does not buy or sell timber, we act solely as an Agent on behalf of Landowners to market and broker their timber. 

 

We Are Here For You!

We hope that this publication provides you with new insight into some of the important issues and events that are influencing private woodland ownership. Throughout this publication, we hope you have seen what Tennessee Timber Consultants is all about; dedication, commitment and professional excellence for the benefit of our clients. We further hope that you will visit our site again soon for more news for and about Tennessee’s private woodland owners.

 

TENNESSEE TIMBER CONSULTANTS, INC.

P.O. Box 191

Lexington, Tennessee 38351

Call Toll Free at

1-866-968-2953

(West Tennessee Headquarters)                 Phone: 731-968-2953

                                                                                Fax: 731-968-7888

(Middle and East Tennessee Headquarters) Phone: 615-395-9903

                                                                                 Fax: 615-395-9809

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