INFORMATIONAL MEMORANDUM: R&D-97-050 TO: All Reinsured Companies All Risk Management Field Offices FSA Headquarters, Program Delivery&Field Operations (Info Only) FROM: Tim B. Witt /S/ DENISE HOFFMANN (for) 07/02/97 Deputy Administrator SUBJECT: Income Protection Yield Procedure BACKGROUND: Previously, Income Protection (IP) yield procedures required that the Acreage Report be completed before the IP guarantee could be calculated. This limited the accuracy of the insurance quotes made prior to sales closing. In order to allow IP guarantees to be properly calculated prior to sales closing, the Risk Management Agency (RMA) has revised the IP yield procedure for the 1998 crop year. ACTION: The following changes are effective for IP for the 1998 crop year: - The IP yield calculation procedure is revised. (See attachment) - A Type 15 record (yield record) is required for each Type 11 record (acreage record). - T - yields are shown on the IP Actuarial Table by practice, type, variety (P/T/V)and T - yield map area, if applicable. - The County Average Yield calculation is revised. (See attachment) If you have any questions about this pilot program, please contact Vondie O'Conner at (816) 926-6343 or by fax at (816) 926-7343. Attachments - To be mailed