Leasing or rental services concerning agricultural machinery and equipment without operator

CPC v2.1 Code: 73121

About leasing or rental services concerning agricultural machinery and equipment without operator

cpc code 73121 covers the leasing or rental of agricultural machinery and equipment without an operator. This industry plays a vital role in supporting the agricultural sector, providing farmers and other agricultural producers with access to specialized equipment they may not be able to afford to purchase outright. By offering these leasing and rental services, the industry helps to improve productivity, efficiency, and profitability across the agricultural economy.

Production process

Businesses in this industry typically acquire a fleet of agricultural machinery and equipment, such as tractors, harvesters, plows, and other specialized tools. They then lease or rent these assets to farmers and other agricultural operators on a short-term or long-term basis, often providing maintenance and repair services as part of the agreement. The key to success in this industry is maintaining a diverse and well-maintained inventory of equipment to meet the varied needs of customers.

Production inputs

The main inputs required for this industry include the agricultural machinery and equipment itself, which may be purchased new or second-hand. Businesses also require storage and maintenance facilities, as well as skilled technicians to service and repair the equipment. Financing, either through loans or leasing arrangements, is another critical input, as the upfront cost of acquiring a fleet of machinery can be substantial.

Production outputs

The primary output of this industry is the leasing or rental of agricultural machinery and equipment to farmers, ranchers, and other agricultural producers. This equipment is then used in the production of a wide range of agricultural commodities, including 01 Crop and animal production, hunting and related service activities, 02 Forestry and logging, and 03 Fishing and aquaculture. The industry's services help to improve the productivity and profitability of these downstream industries.

Family tree for leasing or rental services concerning agricultural machinery and equipment without operator

    graph LR
    A["<a href='/classifications/cpc/v2-1/7'>7: Financial and related services; real estate services; and rental and leasing services</a>"]
A --> B["<a href='/classifications/cpc/v2-1/73'>73: Leasing or rental services without operator</a>"]
B --> C["<a href='/classifications/cpc/v2-1/731'>731: Leasing or rental services concerning machinery and equipment without operator</a>"]
C --> D["<a href='/classifications/cpc/v2-1/7312'>7312: Leasing or rental services concerning other machinery and equipment without operator</a>"]
D --> E["<a href='/classifications/cpc/v2-1/73121'>73121: Leasing or rental services concerning agricultural machinery and equipment without operator</a>"]

    D --> F["<a href='/classifications/cpc/v2-1/73122'>73122: Leasing or rental services concerning construction machinery and equipment without operator</a>"]
D --> G["<a href='/classifications/cpc/v2-1/73123'>73123: Leasing or rental services concerning office machinery and equipment (except computers) without operator</a>"]
D --> H["<a href='/classifications/cpc/v2-1/73124'>73124: Leasing or rental services concerning computers without operator</a>"]
D --> I["<a href='/classifications/cpc/v2-1/73125'>73125: Leasing or rental services concerning telecommunications equipment without operator</a>"]
D --> J["<a href='/classifications/cpc/v2-1/73129'>73129: Leasing or rental services concerning other machinery and equipment without operator n.e.c.</a>"]

    

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  %% Apply classes
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class B level2
class C level3
class D level4
class E level5
class F level5
class G level5
class H level5
class I level5
class J level5

  class E highlight

  %% class A level1
  %% class B,C level2
  %% class D,E,F,G,H,I level2
  %% class J,K,L,M,N,O,P level3
  %% class E highlight