Abstract: Portable apparatus for peeling logs has a powered draw knife mounted on a frame. The draw knife is swivably mounted on a cutter fork attached to a cutter rod, which is slidably mounted in a hydraulically or pneumatically powered cylinder. A cutter cradle attached to a slide bar on the frame allows an operator to optimally position the draw knife for each stroke. The frame is clamped to the log by a hydraulically or pneumatically powered clamp. The controls for operation of the draw knife are interlocked with the clamp controls for safety.