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Good news
Old 07-22-2020, 05:24 AM
  #1

I inherited a farm from my father, about 140 acres, that had timber on it. We have harvested some of the timber and are going to replant for future generations. We just found out this week that we are getting a grant from the USDA that fully funds the replanting, with some left over and will also pay us around 1500 a year for the next five years.

Timber prices are down now, but if anyone has any timber harvested they need to look into this program.


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trees
Old 07-22-2020, 05:36 AM
  #2

Reminds me of a little boy I had in 1st grade. He said "My grandma is so rich. She has stone walls." So precious when most kids saw rich as big cars, swimming pools, trips to Disney World. It translated into grandma had managed timber areas.
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Old 07-22-2020, 05:48 AM
  #3

Quote:
....pay us around 1500 a year for the next five years.
Congratulations! Iíve never lived on a farm, so I donít really understand. What is the government paying you to do?
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Old 07-22-2020, 06:16 AM
  #4

We had about 34 acres of long leaf pines cut for timber a few years ago and it looks very bare. We want to replant so our children can have it cut in around 20-25 years and benefit from it. It was worth about 60,000$ when we cut it. My dad used it when they sold the timber to buy their new house about 50 years ago when their house burned. The government is paying us to replant for conservation purposes, instead of leaving it bare.

It takes a while for it to mature, but it will be part of our sons' inheritance. The USDA is paying us around $ 23,000 for replanting it and that is the national price so we will not have to pay it all and will have some left over to upgrade the farm.
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Old 07-22-2020, 06:34 AM
  #5

That is wonderful news, for your family and for the planet! Finally govt spending that makes sense!


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Brooks farm
Old 07-22-2020, 06:35 AM
  #6

I love this story. Thanks for sharing it.
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I am a part owner in a farm like this.
Old 07-22-2020, 06:40 AM
  #7

I have no idea how it works, but I inherited my dad's part of the family farm. USDA has trees on it. My uncle handles the paperwork. I am just thankful to still have a part of the land that has been in my family since the 1800's.
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Old 07-22-2020, 06:49 AM
  #8

Brooks, thanks so much for explaining. I love your story. I love that our tax money is doing something wonderful like planting and caring for trees. DH and I used to wish we had a say in where our tax money went. Iíve always said, ďSend mine to NASA.Ē Now Iíll be saying, ďSend mine to NASA and for timberland.Ē Iím so happy for you and impressed by your good work.
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Old 07-22-2020, 07:12 AM
  #9

That's wonderful news for you! Congratulations.
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Old 07-22-2020, 07:31 AM
  #10

Great news!!!


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Old 07-22-2020, 10:46 AM
  #11

You are blessed with that gift from your father. I hope the farm will pass to future generations in your family. Land is so precious. It’s sad when I see a large ranch being sold to a developer to build a neighborhood of several hundred homes when that next generation inherits the property.
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That's wonderful!
Old 07-22-2020, 12:09 PM
  #12

Congrats to you and your family!

I'm surprised prices are down, lumber is scarce around here. And you are out of luck if you want to put up a wooden fence!
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Old 07-22-2020, 03:56 PM
  #13

Quote:
Originally Posted by ZipLine
I hope the farm will pass to future generations in your family.
I love this sentiment. I inherited my parentsí little old house where I grew up. I rent it out and, unless I have a major financial catastrophe, it will pass to my children who spent lots of time there when my folks were alive.
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Old 07-22-2020, 05:13 PM
  #14

That is GREAT news! I am so happy for you guys!

Nancy
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Thanks all
Old 07-23-2020, 05:34 AM
  #15

Yes, Zipline, my father was very generous in gifting the farm to me. We have no plans to sell it and intend to leave it for our children and grandchildren. I'm trying to leave it in good shape for them to benefit from.
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