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Old 10-18-2009, 08:42 PM   #1
farmer9
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Default Walnut Logs

I have approx. 20 walnut trees in my timber (18"-24" diameter at 4 1/2 ft). I think some are veneer trees but not an expert by any means. The Consulting Foresters Ive contacted tell me to wait till the market improves, but I might not live long enough for that to happen.
I might also sells some other trees if the price is fair?
If anyone can help, my questions are:
1. What is the best way to market these logs for a fair price?
2. Would anyone be interested in them if I cut them myself and layed them out for inspection?
3. would I be better off to "wait and see" what the market is gonna do?

My farm is in Woodford Co (Central Illinois)

Last edited by farmer9; 10-18-2009 at 08:46 PM. Reason: addition to post
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Old 10-18-2009, 10:23 PM   #2
Daren
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Quote:
Originally Posted by farmer9 View Post
I have approx. 20 walnut trees in my timber

The Consulting Foresters Ive contacted tell me to wait till the market improves, but I might not live long enough for that to happen.

2. Would anyone be interested in them if I cut them myself and layed them out for inspection?

3. would I be better off to "wait and see" what the market is gonna do?

20 trees are not going to make you rich

Listen to the forester ! It will turn around in a couple years.

#2: No, since you have no experience logging/bucking/marketing logs you will just kill trees.

#3 Yes, they just get bigger and the price will go up...no need to sell them @ 30% of last years prices, it could 2X in the next year.
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Old 10-19-2009, 10:07 AM   #3
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thx for the info. guess I'll wait. Hope the wind, weather, birds, etc dont degrade them before the price gets acceptable.
regards
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Old 10-19-2009, 10:39 AM   #4
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I don't know if you saw this or not, but I brought up timber prices awhile back. VERY bleak report on timber prices . You did the right thing by calling a forester BTW, hang in there.
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Old 11-04-2009, 09:17 AM   #5
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3 years ago prices was at a all time high for walnut, now all time low. I know of loggers that walked off the job and left 60 thousand feet of logs laying on the ground. So wait, its money in the bank.
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