With the EU ending their supply managed Quota system , the EU has more than double milk production. Russia banned the importation of EU dairy products in retaliation for the stand that the EU took on the Russians in the Ukraine, thus forcing even more dairy out on to the world market . Mean while the EU heads in Brussels give Billions of Euros to cash strapped EU farmers to keep them from protesting in the streets. The world is a wash with milk , because governments like to have cheap food for their people , and create policies to arrive at this end . Politicians care only about getting elected , not about farmers. Where will this all end ? Hard to tell , but this is not a normal boom to bust cycle . This is globalization at it's worst. We are all racing each other to the bottom . I see a return to "protectionist" policies coming , just look how the UK has now voted to leave the EU. Britain was being plundered of it's industry , and overwhelmed with cheap imports from poorer EU nations. Sound familiar ?
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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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