November 10, 1997


INFORMATIONAL MEMORANDUM: R&D-97-080

     
TO:      All Reinsured Companies
         All Risk Management Agency Field Offices

FROM:    Tim B. Witt
         Deputy Administrator
         
SUBJECT: 1997 Income Protection, Crop Revenue Coverage, and Revenue 
         Assurance Price Announcements for Soybeans

                        Income Protection

The 1997 harvest price for Income Protection (IP) Soybeans is $6.82 per 
bushel as defined in the IP Soybeans crop provisions.

                       Crop Revenue Coverage            

The 1997 harvest price for Crop Revenue Coverage (CRC) Soybeans for counties 
with a March 15 sales closing date is $6.48 per bushel as defined in the 
CRC Commodity Exchange Endorsement. 
                                 
                          Revenue Assurance

The 1997 county harvest prices for Revenue Assurance (RA) Soybeans in Iowa, 
as defined in the RA Corn and Soybeans crop provisions, are listed on the 
attached page.

Attachment


   1997 Revenue Assurance (RA) Soybeans in Iowa:  County Harvest Prices 

                 per                      per                         per
County        Bushel        County     Bushel       County         Bushel

ADAIR          $6.46       FRANKLIN     $6.49        MONTGOMERY     $6.45

ADAMS           6.42       FREMONT       6.44        MUSCATINE       6.63 

ALLAMAKEE       6.55       GREENE        6.47        O BRIEN         6.44

APPANOOSE       6.46       GRUNDY        6.46        OSCEOLA         6.38

AUDUBON         6.45       GUTHRIE       6.47        PAGE            6.40

BENTON          6.55       HAMILTON      6.47        PALO ALTO       6.46

BLACK HAWK      6.50       HANCOCK       6.45        PLYMOUTH        6.41

BOONE           6.50       HARDIN        6.51        POCAHONTAS      6.44

BREMER          6.48       HARRISON      6.42        POLK            6.59

BUCHANAN        6.54       HENRY         6.58        E POTTAWATTAMIE 6.47

BUENA VIST      6.44       HOWARD        6.47        W POTTAWATTAMIE 6.47

BUTLER          6.48       HUMBOLDT      6.46        POWESHIEK       6.50

CALHOUN         6.45       IDA           6.41        RINGGOLD        6.48

CARROLL         6.48       IOWA          6.53        SAC             6.43

CASS            6.43       JACKSON       6.63        SCOTT           6.63

CEDAR           6.60       JASPER        6.51        SHELBY          6.43

CERRO GORD      6.49       JEFFERSON     6.57        SIOUX           6.39

CHEROKEE        6.44       JOHNSON       6.56        STORY           6.50

CHICKASAW       6.46       JONES         6.56        TAMA            6.50

CLARKE          6.43       KEOKUK        6.50        TAYLOR          6.47

CLAY            6.42       KOSSUTH       6.46        UNION           6.49

CLAYTON         6.59       LEE           6.64        VAN BUREN       6.58

CLINTON         6.63       LINN          6.62        WAPELLO         6.52

CRAWFORD        6.41       LOUISA        6.63        WARREN          6.48

DALLAS          6.50       LUCAS         6.43        WASHINGTON      6.54

DAVIS           6.54       LYON          6.38        WAYNE           6.44

DECATUR         6.43       MADISON       6.48        WEBSTER         6.45

DELAWARE        6.58       MAHASKA       6.48        WINNEBAGO       6.45

DES MOINES      6.63       MARION        6.48        WINNESHIEK      6.50

DICKINSON       6.41       MARSHALL      6.48        WOODBURY        6.47

DUBUQUE         6.63       MILLS         6.41        WORTH           6.45

EMMET           6.41       MITCHELL      6.47        WRIGHT          6.48

FAYETTE         6.50       MONONA        6.43

FLOYD           6.47       MONROE        6.47