INFORMATIONAL MEMORANDUM: R&D-97-087  
     
     TO:       All Reinsured Companies
               All Risk Management Field Offices
               
     FROM:     Tim B. Witt           /s/ Tim B. Witt   12/12/97
               Deputy Administrator
                              
     SUBJECT:  Addendum to the Actuarial Documents, 1998 Coarse Grains,
               Cotton and Spring Wheat Crop Revenue Coverage - Price 
               Factors
     
     
     BACKGROUND:
     
     The final 1998 CRC spring crop high and low price factors are now
     available for the Chicago Board of Trade (CBOT), the New York Cotton
     Exchange (NYCE) and the Minneapolis Grain Exchange(MGE).    
     
     ACTION:
     
     This memorandum is issued as an addendum to the actuarial documents for
     the purpose of announcing the APPROVED 1998 CRC Corn, Grain Sorghum, and
     Soybeans CBOT; Cotton NYCE; and Spring Wheat MGE price factors, as shown
     below. 
      
                    Contract       Board of            Price Factors
     Crop           Month          Trade           Low           High
     
     Corn           Sept.          CBOT           0.228          0.238
     Corn           Dec.           CBOT           0.213          0.208
     
     Cotton         Oct.           NYCE           0.069          0.069
     Cotton         Dec.           NYCE           0.055          0.058
     
     Grain Sorghum  Sept.          CBOT           0.228          0.238
     Grain Sorghum  Dec.           CBOT           0.213          0.208
     
     Soybeans       Sept.          CBOT           0.548          0.548
     Soybeans       Nov.           CBOT           0.480          0.495
     
     Spring Wheat   Sept.          MGE            0.228          0.225
     
     This information must be provided for these CRC crops to all applicable
     agents prior to the sales closing date.