This year was to have been the first year of a new policy that required earlier collection of crop insurance premiums - but now the drought is changing that. The Risk Management Agency is announcing that for the 2012 crop year only, accrual of any interest on unpaid spring crop insurance premium is deferred for 30 days, until November 1, for all policies with a premium billing date of August 15, 2012. For any premium that is not paid by October 31, interest will accrue consistent with the terms of the policy. For example, without this change, policies with an August 15 premium billing date would have interest attach starting October 1 if premium was not paid by September 30th.