BULLETIN NO.:  MGR-96-001


TO:       All Reinsured Companies
          All Risk Management Field Offices
          FSA Headquarters, Program Delivery & Field Offices

FROM:     Kenneth D. Ackerman     /s/ 1/11/96
          Deputy Administrator
       
SUBJECT:  Extension of the Waiver of the Deadline to Cancel the 1995 
          Standard Reinsurance Agreement


All reinsured companies have until the close of business,  January 26, 1996, 
to execute and return to the Federal Crop Insurance Corporation (FCIC), 
the Mandatory Amendment No. 1 required by the Federal Crop Insurance Reform 
Act of 1994.  This bulletin serves as FCIC's notice to terminate the 1995 
Standard Reinsurance Agreement at the end of the 1996 reinsurance year if 
the Mandatory Amendment No. 1 is not executed by each reinsured company 
and returned to FCIC by close of business, January 26, 1996.