Kentucky Delivered Log Price Report (3rd and 4th Qtrs. - 2021) contains "price average" regarding the log grade and can be found at the Kentucky Division of Forestry website link: Resource Utilization and Marketing - Kentucky Energy and Environment Cabinet. You can also download the PDF shown below.
USDA Forest Service recently published the “Tax Tips for Forest Landowners for the 2021 Tax Year” by Yanshu Li, Tamara L. Cushing, and Gregory E. Frey. Some of you may be familiar this with from previous versions. You can download the publication at https://go.usa.gov/xtreq or see PDF below.
You may also want to attend the FORESTRY TAXATION WEBINARS Jan.18-Feb. 15! See the program and registration on our Events Page here.
This is a new component of the Environmental Quality Incentives Program (EQIP) called EQIP-Conservation Incentive Contracts (EQIP-CIC). This program is of interest to woodland owners with adjacent grazing/cropland because the contracts will last five years and may serve as a steppingstone to the Conservation Stewardship Program (CSP). See the program announcement as https://www.nrcs.usda.gov/wps/portal/nrcs/detail/ky/newsroom/releases/?cid=NRCSEPRD1869221.
For Fiscal Year 2022, Kentucky will offer EQIP-CIC Statewide to focus on improving soil health on cropland and to improve and expand terrestrial habitat on grazing lands. More information regarding priority resource concerns, eligible practices, and ranking criteria can be found in the Soil Heath and Terrestrial Habitat on Grazing Land fact sheets which may be found by clicking here and scrolling down to the “EQIP Conservation Incentive Contracts” section.
Applications received by close of business on February 11, 2022, will be considered for fiscal year 2022 funding. To apply, producers should contact NRCS staff at their local USDA Service Center.
We are happy to report that FORESTRY continues to be a Kentucky Farm Bureau, KFB, LEGISLATIVE PRIORITY as follows: