Forestry industry is volatile as ever and am looking to start my own business buying/selling timber. Been through layoffs with westvaco, plumb creek, AWP and others as they go under and getting tired of it.
Need some start up cash, have a farm with heavy amounts of White Oak thinking of coppice cutting with reserves from 110 ba per acre (mixed White, Chestnut oak)- to 20 BA per acre, then selling the farm or prescribed burning it within 3 years to kill a lot of the non-oaks then placing it into a carbon sequestration easement lasting about 80 years ( I can thin about 20 BA per acre as needed). Or selling some guns (will be listed on gun broker).
Purchasing timber on public land will be not be possible for at least 2-3 years depending on politics. So I would need cash upfront and have to deal with private landowners. A few logging outfits I have worked with in the past would be willing to wheel and deal with me. Would also be working on being a consultant on the side.
Thoughts?
Need some start up cash, have a farm with heavy amounts of White Oak thinking of coppice cutting with reserves from 110 ba per acre (mixed White, Chestnut oak)- to 20 BA per acre, then selling the farm or prescribed burning it within 3 years to kill a lot of the non-oaks then placing it into a carbon sequestration easement lasting about 80 years ( I can thin about 20 BA per acre as needed). Or selling some guns (will be listed on gun broker).
Purchasing timber on public land will be not be possible for at least 2-3 years depending on politics. So I would need cash upfront and have to deal with private landowners. A few logging outfits I have worked with in the past would be willing to wheel and deal with me. Would also be working on being a consultant on the side.
Thoughts?