BULLETIN NO.: MGR-98-034
                                
TO:       All Reinsured Companies
          All Risk Management Field Offices
                                
FROM:     Kenneth D. Ackerman /s/ Ken Ackerman    11-23-98
                            Administrator
                                
SUBJECT:  Crop Revenue Coverage (CRC) - Notice of Loss Requirements
                                
                          BACKGROUND:
                                
The 1996 and 1997 Crop Revenue Coverage (CRC) Basic Provisions, Duties in the Event of
Damage or Loss Section, contained language that required the policyholder to give notice of
expected revenue loss not later than 45 days after the date the Harvest Price is published.  This language was inadvertently omitted from the Duties in the Event of Damage or Loss Section of the 1998 Spring and 1999 Fall CRC Basic Provisions.
                                
                            ACTION:
                                
     Effective for the 1998 spring and 1999 fall CRC crops:
                                
CRC policyholders will be allowed to give notice of expected revenue loss not later than 45 days
after the date the Harvest Price is published as an Actuarial Document Addendum (Special
Provisions) in accordance with the CRC Commodity Exchange Endorsement.  The CRC Basic
Provisions effective for 1999 spring crops contain this language.
                                
If you have any questions, please contact David Clauser, Product Development Division, at 
816/926-7730.
                                
                           DISPOSAL: 
                                
This memorandum will remain active until incorporated into the CRC Basic Provisions.