The economic conditions have not been great recently, but some emerging markets like Brazil, India, and China have shown a lot of growth, especially in the Agriculture & Forestry sector. This has resulted in a major boost for the prices of agricultural and forestry equipment, and the industry has been performing reasonably well.
When it comes to Agriculture and Forestry, the biggest reason for the strength of the industry has to be the economic condition of the farmers. When they are financially well off they are able to invest more in equipments. When the economic conditions of a nation start improving, there is a transition from basic varieties of food like rice to meats.
The agriculture market has seen a shift in recent times from having abundant supply of grains to an inventory that has a stock that just manages to fulfill the needs. Also, middle class around the world is growing and the demands of protein will also increase.
The situation was very good for the Agricultural and Forestry industry till 2008 and then they were struck by the recession. But off late the recovery has been really good. The growth, especially in China and India, has been very good and it has helped the farmers across the globe. The fact that agricultural equipment stock group is simple to follow makes the investments that much easier. | 
