# Drought Pushes U.S. Oat Crop to Lowest in Records Back to 1866 - Bloomberg

> USDA's July estimate put the US oat crop at 41.3 million bushels, the smallest on record back to 1866 and well below June's roughly 53 million bushels. Drought in the upper Plains is cutting yield potential in key states.

- Date: 2021-07-12 · published 2021-07-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/46114-drought-pushes-u-s-oat-crop-to-lowest-in-records-back-to-1866-bloomberg
- Commodities: [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

A record-small US oat crop removes supply that would otherwise be available to feed buyers, lifting oat prices and encouraging substitution toward other grains.

## Read by commodity

- OATS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| OATS | 2021-09-30 | [USDA reports record small oat crop - Brownfield Ag News](https://feedsoft.ai/events/45123-usda-reports-record-small-oat-crop-brownfield-ag-news.md) | +2.3% | +21.7% |
| OATS | 2026-03-31 | [US Oat Area to Hold Near Record L... \| Syngenta CA](https://feedsoft.ai/events/20239-us-oat-area-to-hold-near-record-l-syngenta-ca.md) | -2.8% | -4.7% |
| OATS | 2019-06-20 | [Few bright spots in winter crop outlook \| Meat & Livestock Australia](https://feedsoft.ai/events/58667-few-bright-spots-in-winter-crop-outlook-meat-and-livestock-australia.md) | -2.9% | -3.8% |
| OATS | 2017-12-04 | [Australian grain crops forecast lower in 2017-18 \| World-grain.com \| December 04, 2017 14:05 \| World Grain](https://feedsoft.ai/events/67430-australian-grain-crops-forecast-lower-in-2017-18-world-grain-com-december-04.md) | -8.5% | -1.9% |
| OATS | 2026-09-22 | [Oats Rose to $4.16 After StatCan Saw Canada's Crop Shrink 22.7%](https://feedsoft.ai/events/11993-oats-rose-to-4-16-after-statcan-saw-canada-s-crop-shrink-22-7.md) | +1.1% | -6.5% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2021-07-12/drought-pushes-u-s-oat-crop-to-lowest-in-records-back-to-1866

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.