"The dry conditions come after years of falling oats acreage as U.S. grain growers swapped it out for more profitable crops such as corn."

40% of US corn goes to Ethanol production. If we're serious about reducing food prices, we need to abandon Ethanol mandate and subsidies.

The link to USDA WASDE source data given by Bloomberg does not work:

https://www.usda.gov/oce/commodity/wasde/wasde0721.pdf

Though the Wayback Machine has a copy:

https://web.archive.org/web/20210712160123/https://www.usda.... (PDF)

You can get all of them (monthly since 1973) here (they even have an API):

https://usda.library.cornell.edu/concern/publications/3t945q...

Thanks!

Though I'd l ike to know where Bloomberg's data to the 19th c. comes from.

This article is a year old and should say “(2021)”

Paywall: https://archive.ph/l0auI