INFORMATIONAL MEMORANDUM: R&D-97-004
     
TO:      All Reinsured Companies
         All Risk Management Field Offices
         FSA Headquarters, Program Delivery and Field Operations
     
FROM:    Tim B. Witt    /s/ Tim B. Witt   1/22/97
         Acting Deputy Administrator
             
SUBJECT: 1996 Group Risk Plan Preliminary Payments
     
     
Attached are the preliminary payment yields and factors for 1996 Group
Risk Plan cotton and forage production.  Preliminary payment yields have
also been incorporated into the Actuarial Data Master. For Farm Service
Agency offices, these yields and factors are for informational purposes
only.
     
     
Attachment - will follow in the mail