Risk Management Agency adjusts to challenges of 2020 for far

Risk Management Agency adjusts to challenges of 2020 for farmers


(Washington, D.C.) -- The agency that administers federal crop insurance has had a lot on its plate in 2020.
With the COVID-19 pandemic and multiple natural disasters, farmers across the country were tasked with being on their toes, especially when it comes to protecting their crops. Martin Barbre is administrator of the USDA's Risk Management Agency. He says the agency tried to remain flexible in the odd year.
"2020 federal crop insurance covered a liability of more than $113 billion for producers across the country," said Barbre.  "We've paid out over $5.8 billion in indemnities to those producers.  Obviously, we've had a little bit of a pandemic going on this year and we've been able to authorize a lot of crop insurance flexibilities.  We've extended deadlines, we've waived certain requirements, we've deferred interest for two months in a couple of situations."

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