USDA lowers 2020-21 corn output.

Robust performance in farm markets offset lower North American commercial results.

Ratings agency said ‘positive outlook’ demonstrates resilient business model in unfavorable market conditions.

Major exporter is forecast to have its smallest harvest in five years.

COVID-19 restrictions, currency devaluations and climate change further country’s food security issues.

Poor domestic crop, uncertainty over Brexit driving large increase in imports.

Grains production expected to rebound after extended drought.

Groups make plea in Nov. 11 letter to President Donald Trump.

Company expects stronger 2021 earnings on anticipated improved growing conditions.