| Bid Process & Results |
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Selling your timber through the bid process is the best way
to ensure that you receive the highest possible price for
your timber. Due to today’s world wide timber markets, it is
no longer the case that the sawmill closest to your woodlot
will necessarily be able to pay you the most for your
timber. It is not uncommon for the successful bidder to be
100 miles or more away from a woodlot. A highly
competitive marketplace has forced individual sawmills to
develop niche markets for the products that they produce,
therefore it is important that we find the right buyer for
your timber. This is why I typically send bid notices to 50 or
more potential timber buyers.
When I supply a Bid Notice outlining all of the job
requirements, timber buyers can be assured that the
process will be fair and honest and that they are competing
with other buyers under the same set of circumstances. In
addition, the landowner can be sure that they are
comparing “apples to apples” upon reviewing the bids.
Previous Timber Sale Results:
The following is a list of some previous timber sale
results. As you can see, the price range is often
significant. This is primarily due to the different markets
available to each bidder, and further illustrates why it is
important to place your timber on the open market.
SALE #1: 20 ACRES, STEUBEN COUNTY, NY
Company A $38,855.00
Company B $32,748.00
Company C $31,308.00
Company D $29,100.00
Company E $20,325.00
SALE #2: 40 ACRES, STEUBEN COUNTY, NY
Company A $47,466.66
Company B $40,455.00
Company C $24,050.00
Company D $23,000.00
Company E $17,655.00
SALE #3: 25 ACRES, STEUBEN COUNTY, NY
Company A $13,400.00
Company B $13,310.00
Company C $12,357.00
Company D $9,000.00
SALE #4: 30 ACRES, SCHUYLER COUNTY, NY
Company A $17,269.00
Company B $17,100.00
Company C $16,200.00
Company D $15,750.00
Company E $13,540.00
SALE #5: 20 ACRES, ONEIDA COUNTY, NY
Company A $21,660.00
Company B $18,634.00
Company C $16,790.00
Company D $15,345.00
Company E $14,600.00
SALE #6: 70 ACRES, MADISON COUNTY, NY
Company A $95,114.00
Company B $91,900.00
Company C $68,258.00
Company D $67,792.00
Company E $66,760.00
Company F $61,450.00
Company G $47,914.00
SALE #7: 100 ACRES, CORTLAND COUNTY, NY
Company A $135,970.00
Company B $125,100.00
Company C $110,525.00
Company D $105,414.00
Company E $85,657.00
Company F $69,457.00
to ensure that you receive the highest possible price for
your timber. Due to today’s world wide timber markets, it is
no longer the case that the sawmill closest to your woodlot
will necessarily be able to pay you the most for your
timber. It is not uncommon for the successful bidder to be
100 miles or more away from a woodlot. A highly
competitive marketplace has forced individual sawmills to
develop niche markets for the products that they produce,
therefore it is important that we find the right buyer for
your timber. This is why I typically send bid notices to 50 or
more potential timber buyers.
When I supply a Bid Notice outlining all of the job
requirements, timber buyers can be assured that the
process will be fair and honest and that they are competing
with other buyers under the same set of circumstances. In
addition, the landowner can be sure that they are
comparing “apples to apples” upon reviewing the bids.
Previous Timber Sale Results:
The following is a list of some previous timber sale
results. As you can see, the price range is often
significant. This is primarily due to the different markets
available to each bidder, and further illustrates why it is
important to place your timber on the open market.
SALE #1: 20 ACRES, STEUBEN COUNTY, NY
Company A $38,855.00
Company B $32,748.00
Company C $31,308.00
Company D $29,100.00
Company E $20,325.00
SALE #2: 40 ACRES, STEUBEN COUNTY, NY
Company A $47,466.66
Company B $40,455.00
Company C $24,050.00
Company D $23,000.00
Company E $17,655.00
SALE #3: 25 ACRES, STEUBEN COUNTY, NY
Company A $13,400.00
Company B $13,310.00
Company C $12,357.00
Company D $9,000.00
SALE #4: 30 ACRES, SCHUYLER COUNTY, NY
Company A $17,269.00
Company B $17,100.00
Company C $16,200.00
Company D $15,750.00
Company E $13,540.00
SALE #5: 20 ACRES, ONEIDA COUNTY, NY
Company A $21,660.00
Company B $18,634.00
Company C $16,790.00
Company D $15,345.00
Company E $14,600.00
SALE #6: 70 ACRES, MADISON COUNTY, NY
Company A $95,114.00
Company B $91,900.00
Company C $68,258.00
Company D $67,792.00
Company E $66,760.00
Company F $61,450.00
Company G $47,914.00
SALE #7: 100 ACRES, CORTLAND COUNTY, NY
Company A $135,970.00
Company B $125,100.00
Company C $110,525.00
Company D $105,414.00
Company E $85,657.00
Company F $69,457.00
| Craig R. Brown, Consulting Forester |