June 24th, 1999

INFORMATIONAL MEMORANDUM: R&D-99-029

TO:          All Reinsured Companies
             All Risk Management Field Offices

FROM:        Tim B. Witt	/s/ Roberta E. Waggoner (for)
             Deputy Administrator

SUBJECT:     1999 Support Prices for Peanuts

The 1999 support prices for peanuts are used in the claims process as listed in Section 9 f. (2) of the peanut policy. The 1999 support prices are shown below.

TYPE SUPPORT PRICE

(Cents per pound)
Virginia (081) 30.1
Runner (084) 30.7
Spanish (082, 083) 28.6
Valencia (085): 30.1
Suitable for cleaning and roasting
(NM, OK, and TX)
Valencia (085): 28.6
Other States

DISPOSAL DATE

This Informational Memorandum is for the purpose of transmitting information and the expiration date is December 31, 1999.