INFORMATIONAL MEMORANDUM: R&D-97-047
     
TO:   All Reinsured Companies
      All Risk Management Field Offices
      FSA Headquarters, Program Deliver and Field Operations
     
FROM: Tim B.  Witt       /s/ Tim B. Witt   06/27/97
      Deputy Administrator
     
SUBJECT: 1996 Cotton Group Risk Plan Final Payments
     
Attached are the final payment yields and factors for 1996 Group Risk
Plan cotton.  Final payment yields have also been incorporated into the
Actuarial Data Master.  These payment yields and factors do not apply to
Catastrophic Risk Protection coverage policies.  For Farm Service Agency
offices, these yields and factors are for informational purposes only.
     
Attachment - will follow in the mail