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 - What Oil Should I Use? - by Francis Robinson. I keep seein this question pop up over and over again in discussion groups all over the web. As with many things there are often several right answers and a few wrong ones. Some purist I'm sure will disagree to no end with what I will tell you but most of us out here in the real world don't really care do we ? Some of them only bring their noses down out of the air long enough to look down them anyway. If you are like me you are only doing this old tractor stuff because you enjoy it. You
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