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USDA's Risk Management Agency (RMA)

Question 4

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USDA's Risk Management Agency (RMA)


A) is the primary USDA Agency who administers the PLC and ARC commodity programs.
B) detemines how the US manages Tariff- Rate-Quotas (TRQ's) to prevent excessive agricultural imports from entering the US. RMA regulates the fixed annual volume of an imported product at a low tariff rate. RMA also sets import amounts, beyond the initial TRQ quota, that are subject to a prohibitively-high tariff.
C) is the primary USDA Agency who administers the Supplemental Revenue Assistance (SURE) crop disaster program.
D) tasks include: 1) management of the Federal Crop Insurance Corporation (FCIC) , 2) development and approval of insurance premium rates on current and new commodities, 3) administration of crop insurance subsidies on producer premiums and private insurers' expenses, and 4) the reinsurance of private insurers' losses.
E) is the primary USDA Agency who determines the type of price protection that can be offered to dairy producers participating in the Dairy Margin Protection program.

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