RMA adjusts programs to provide flexibility during COVID-19 pandemic
The USDA’s Risk Management Agency (RMA) recently made some adjustments to crop insurance programs to provide more flexibility to producers during the COVID-19 pandemic.
RMA administrator Martin Barbre tells Brownfield one of those changes gives producers more time to pay premium and administrative fees and defers the resulting accrual of interest.
“We started from March 1st, then went through April 30th, and have now extended that into anything due to July 31st,” Barbre says.
RMA has also extended the correction time period for acreage reports or other forms.
In this interview with Brownfield, Barbre was also asked about proposed changes to the Livestock Risk Protection program and prospects for prevent plant acres this year.
AUDIO: Martin Barbre