RMA Extends Deadlines, Waives Interest Deferral for Emergency Drought Relief
On Tuesday, July 27th, 2021; The U.S. Department of Agriculture (USDA) announced its Risk Management Agency (RMA) will authorize Approved Insurance Providers (AIPs) to extend deadlines for premium and administrative fee payments, defer and waive the resulting interest accrual and allow other flexibilities to help farmers and ranchers through widespread drought conditions in many parts of the nation.
Farm and Ranch Director Jesse Allen talks with Acting Administrator Richard Flournoy about this news.