Naju City to Change 'Agricultural Machinery Rental Fees' Starting Next Year

[Naju=Asia Economy Honam Reporting Headquarters Reporter Kim Yukbong] Naju City, Jeollanam-do (Mayor Kang In-gyu) will slightly adjust the rental fees for agricultural machinery rental services, which have been a great help to farmers' agricultural activities, considering fairness among regions nationwide.

According to the Naju Agricultural Technology Center on the 18th, the Ministry of Agriculture, Food and Rural Affairs has established a "one-day rental fee standard for rental agricultural machinery" and partially amended the "Enforcement Rules of the Agricultural Mechanization Promotion Act" to enhance the effectiveness of agricultural machinery rental offices and ensure fairness between regions. Accordingly, the rental fees will be changed and implemented starting January 1 of next year.

The Ministry of Agriculture, Food and Rural Affairs subdivided the previous five price brackets for agricultural machinery purchase prices into 18 brackets and included a proviso allowing adjustments within ±15% depending on regional circumstances.

Currently, the rental fees at the offices are applied at an average of 0.8% of the purchase price, but after revision, they will be applied at an average of 0.6% of the purchase price.

The city decided the rental fees by applying the proviso clause of the law to reduce the fees within 15% from the legal standard rental fees to minimize the cost burden on farmers.

From January 1 next year, 52 types (50%) of machinery will have reduced fees compared to the existing rates, 25 types (24%) will remain unchanged, 26 types (25%) will see an increase, and 1 new type (1%) will be introduced.

Detailed information on the revised rental fees can be found on the Naju Agricultural Technology Center website.

Na Sang-in, Director of the Agricultural Technology Center, said, "The agricultural machinery rental service has received great support from farmers by reducing the cost of purchasing expensive agricultural machinery and solving labor shortages, with the scale and number of machinery owned being the largest nationwide. We will continue to focus on guidance and education to ensure that farmers fully master the operation skills of the machinery."

This content was produced with the assistance of AI translation services.