April 6, 1998


INFORMATIONAL MEMORANDUM:  R&D-98-012
     
TO:      All Reinsured Companies
         All Risk Management Field Offices 

FROM:    Tim B. Witt
         Deputy Administrator
         

SUBJECT: 1998 Market Prices for Tobacco (Guaranteed Production Plan) Endorsement
         and Quota Plan 

The 1998 price support level for the purposes of Section 7b (1)(a) and Section 10d (1) of the
Guaranteed Tobacco Endorsement 90-35 for tobacco types 11-14, 21, 22-23, 35-36,37, 54-55
are listed below.

  Type   Support Price

  11-14    $1.63
  21       $1.54
  22-23    $1.68
  35-36    $1.45
  37       $1.36
  54-55    $1.21


The 1998 support level for type 31 (Quota) tobacco for the purposes of Section 4b of the 
Quota Plan of Tobacco Crop Insurance Policy 85-36 is $1.78 minus $0.06 per pound or $1.72
per pound.  Six cents per pound is deducted for warehouse charges as specified in Section 4b
in the Quota Plan.  

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