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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)

"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.

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