INFORMATIONAL MEMORANDUM:    R&D-97-008
     
TO:      All Reinsured Companies
         All Risk Management Field Offices
         FSA Headquarters, Program Delivery and Field Operations -
         Information Only
     
FROM:    Tim B. Witt                /S/ TIM B.  WITT   02/03/97
         Acting Deputy Administrator   
              
SUBJECT: Revenue Assurance and Crop Revenue Coverage - 1997 Program Materials 
         for Spring-Seeded Crops
     
BACKGROUND:
     
The Board of Directors of the Federal Crop Insurance Corporation (FCIC) has 
approved a Revenue Assurance (RA) pilot program for corn and soybeans in Iowa 
and Nebraska, expansion of the Crop Revenue Coverage (CRC) Insurance Program 
for corn and soybeans, and new CRC programs for cotton, grain sorghum, and 
spring wheat for the 1997 crop year.  CRC will be available for approved 
states, counties, and crops where CRC actuarial materials are filed.
     
The CRC Basic Provisions have been updated and a CRC Cotton Crop Provisions 
and CRC Coarse Grains Crop Provisions (for corn, soybeans, and grain sorghum) 
have been added.  These policies have been approved for the 1997 crop year 
and the CRC Coarse Grains Crop Provisions will be applicable for corn and 
soybeans in Iowa and Nebraska for the 1997 crop year as well as all other 
approved states.
     
ACTION:
     
The 1997 RA and CRC program materials are available electronically via the 
Reporting Organization (RO) Server.  For RA, this release includes the RA 
Basic Provisions and RA Crop Provisions, Underwriting Rules, Common Questions 
and Answers, and Disclosure Statement.  Additionally, loss handbook supplemental 
instructions will be provided in the near future.  For CRC this release 
includes the CRC Basic Provisions and CRC Crop Provisions, Commodity Exchange 
Endorsements, Underwriting Rules, and Questions and Answers.  Actuarial 
material (rates, special provisions, etc. for CRC and premium quoting 
software, special provisions, etc. for RA) will be published in the near 
future.
     
Please advise your Data Processing Managers to monitor the RO Server for the 
Actuarial Division release of the RA and CRC materials which will contain the 
RO Server file names, file locations, and contact persons for assistance. For 
RA and CRC program related matters, contact the Product Development Division 
at (816) 926-7730 or by fax at (816) 926-1841.