INFORMATIONAL MEMORANDUM: R&D-99-032
TO: All Reinsured Companies FROM: Tim B. Witt /s/ Tim B. Witt Deputy Administrator SUBJECT: Addendum to 1999 Actuarial Document - Special Provisions, 1999 Crop Revenue Coverage (CRC) and Income Protection (IP) Wheat Harvest Price AnnouncementsCrop Revenue Coverage The 1999 harvest prices for CRC Wheat for States whose harvest price is based on the Chicago or Kansas City Board of Trade July 1999 wheat contract are as follows:
Board of Trade Harvest Price 100% 95% Chicago Board of Trade $2.55 $2.42 Kansas City Board of Trade $2.84 $2.70
Income ProtectionThe 1999 harvest price for IP Wheat for States whose harvest price is based on the Chicago Board of Trade July 1999 wheat contract is $2.55 per bushel.
This memorandum is for the purpose of transmitting/updating information and the expiration date is December 31, 1999.