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Tmac the timber guy?
We have maybe 100 acres of hardwood, maybe 80 years old. Issue is it's in the bottoms, so the trees are more prone to falling.
And some non genetically engineered pine, maybe 20 acres and also about 80 years old.
You said the prices had bounced some recently, and we are trying to decide what to do with it. Cut it now, or try to wait out the next several years for a rebound.
I read the sunset a few months ago saying it's going to be bad for years still yet...
So, timber is like a crop and my philosophy is that you always harvest when your crop is matured. Otherwise you’re leaving money on the table for a 5% maybe 10% increase when you could’ve had two harvesting cycles. If you’re hardwood, double the time it takes to grow.
Harvest, use the income to replant, rinse, repeat. (Hardwood is the obvious exception here)
Most people have been holding the bag since 2008, which increases inventory driving down prices even further. In your case you’d be on your second harvest in 5 years, heh.
What state are you in? DM me if you wanna get down to biznass.
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