INFORMATIONAL MEMORANDUM: R&D-97-069
       
TO:      All Reinsured Companies
         All Risk Management Agency Field Offices
     
FROM:    Tim B. Witt             /s/ TIM B. WITT   09/18/97
         Deputy Administrator
     
SUBJECT: 1998 Income Protection Projected Price Announcement for Wheat
     
The 1998 projected price for Income Protection (IP) Wheat for states
whose projected price is based on the Chicago Board of Trade July 1998
wheat contract is $3.90 per bushel.