July 7, 1998


INFORMATIONAL MEMORANDUM: R&D-98-028

TO:      All Reinsured Companies
         All Risk Management Agency Field Offices
     
FROM:    Tim B. Witt         /S/ Tim B. Witt
         Deputy Administrator

SUBJECT: 1998 Support Prices for Peanuts

The 1998 support prices for peanuts are used in the claims process as listed in 
Section 9 f. (2) of the peanut policy.  The 1998 support prices are shown below.

              TYPE                     		SUPPORT PRICE
				              (Cents per Pound)  

              Virginia (081)                       30.1

              Runner (084)                         30.8

              Spanish (082, 083)                   28.6

              Valencia (085)                	   30.1
               Suitable for cleaning and roasting    
                (NM, OK, and TX)
  
              Valencia (085)                	   28.6
                Other States