December 3, 1998 INFORMATIONAL MEMORANDUM: R&D-98-069 TO: All Reinsured Companies All Risk Management Agency Field Offices FROM: Tim B. Witt /s/ Tim B. Witt Deputy Administrator SUBJECT: Addendum to 1998 Actuarial Document Special Provisions, 1998 Crop Revenue Coverage (CRC) and Income Protection (IP) Harvest Prices, and 1998 Revenue Assurance (RA) Corn county harvest prices in Iowa Crop Revenue Coverage The harvest prices below have been approved for 1998 CRC Corn and Grain Sorghum in counties with a March 15 sales closing date and CRC Cotton in counties with a February 28 or March 15 sales closing date. BOARD/ CONTRACT HARVEST PRICE CROP EXCHANGE MONTH 100% 95% Corn CBOT December 1998 $2.19 $2.08 Grain Sorghum CBOT December 1998 $2.08 $1.98 Cotton NYCE December 1998 $0.66 $0.63 Income Protection The harvest prices below have been approved for 1998 IP Corn and Grain Sorghum in counties with a March 15 sales closing date and IP Cotton in counties with a February 28 sales closing date. BOARD/ CONTRACT CROP EXCHANGE MONTH HARVEST PRICE Corn CBOT December 1998 $2.19 Grain Sorghum CBOT December 1998 $1.97 Cotton NYCE December 1998 $0.66 Revenue Assurance The 1998 Revenue Assurance (RA) Corn county harvest prices in Iowa are listed below. County $ per Bu. County $ per Bu. County $ per Bu. ADAIR 1.71 FRANKLIN 1.73 MONTGOMERY 1.76 ADAMS 1.71 FREMONT 1.77 MUSCATINE 1.89 ALLAMAKEE 1.79 GREENE 1.75 O BRIEN 1.70 APPANOOSE 1.74 GRUNDY 1.75 OSCEOLA 1.69 AUDUBON 1.71 GUTHRIE 1.74 PAGE 1.73 BENTON 1.81 HAMILTON 1.74 PALO ALTO 1.74 BLACK HAWK 1.78 HANCOCK 1.72 PLYMOUTH 1.72 BOONE 1.76 HARDIN 1.76 POCAHONTAS 1.74 BREMER 1.77 HARRISON 1.75 POLK 1.74 BUCHANAN 1.81 HENRY 1.82 E POTTAWATTAMIE 1.75 BUENA VIST 1.73 HOWARD 1.75 W POTTAWATTAMIE 1.81 BUTLER 1.75 HUMBOLDT 1.72 POWESHIEK 1.77 CALHOUN 1.74 IDA 1.70 RINGGOLD 1.73 CARROLL 1.76 IOWA 1.78 SAC 1.72 CASS 1.74 JACKSON 1.87 SCOTT 1.89 CEDAR 1.84 JASPER 1.75 SHELBY 1.75 CERRO GORD 1.75 JEFFERSON 1.82 SIOUX 1.72 CHEROKEE 1.72 JOHNSON 1.83 STORY 1.74 CHICKASAW 1.76 JONES 1.80 TAMA 1.78 CLARKE 1.71 KEOKUK 1.79 TAYLOR 1.73 CLAY 1.72 KOSSUTH 1.72 UNION 1.75 CLAYTON 1.82 LEE 1.86 VAN BUREN 1.82 CLINTON 1.89 LINN 1.84 WAPELLO 1.79 CRAWFORD 1.75 LOUISA 1.85 WARREN 1.71 DALLAS 1.74 LUCAS 1.72 WASHINGTON 1.80 DAVIS 1.79 LYON 1.69 WAYNE 1.74 DECATUR 1.71 MADISON 1.73 WEBSTER 1.74 DELAWARE 1.84 MAHASKA 1.77 WINNEBAGO 1.71 DES MOINES 1.87 MARION 1.74 WINNESHIEK 1.76 DICKINSON 1.70 MARSHALL 1.76 WOODBURY 1.77 DUBUQUE 1.87 MILLS 1.74 WORTH 1.73 EMMET 1.70 MITCHELL 1.75 WRIGHT 1.74 FAYETTE 1.78 MONONA 1.69 FLOYD 1.79 MONROE 1.79 DISPOSAL: This informational memorandum is for the purpose of transmitting information and the expiration date is December 31, 1998.