The short answer is because of government meddling in the markets. Increased ethanol mandates in 2007 set the initial stage for increased ethanol and corn demand, many new plants were built and by 2009/2010 the market recovered from the recession and took off producing more than the mandates and exporting the difference. Then the 2 year drought followed in the Midwest which decreased supply of corn and increased the corn price which was followed by at least two years of record corn crops at the same time oil production was hitting all time highs which put downward pressure on ethanol demand and corn prices, oil prices then collapsed which in turn made ethanol less profitable or a loser putting further downward pressure on corn prices.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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