INFORMATIONAL MEMORANDUM: R&D-99-040
TO: All Reinsured Companies All Risk Management Agency Field Offices FROM: Tim B. Witt /s/ Tim B. Witt Deputy Administrator SUBJECT: Addendum to the 2000 FCI-35 Actuarial Tables, Wheat Crop Revenue Coverage (CRC) Price Factors for Winter Wheat Areas
This addendum to the 2000 FCI-35 Actuarial Tables provides the CRC Low and High Price Factors for market areas where CRC Winter Wheat is based upon the Chicago Board of Trade (CBOT) and Kansas City Board of Trade (KCBOT). The following price factors are approved for the Board of Trade and States shown.
|Board of Trade||States||PRICE FACTORS|
|CBOT||AL, GA, KY, LA, MS, NC, SC, TN, VA||.317||.271|
|CBOT||IL, IN, MI, OH, WI||.312||.285|
|KCBOT||AZ, AR, CO, KS, MO, NM, OK, TX||.314||.304|
|KCBOT||IA, MT, NE, SD, WY||.314||.310|
Price factors for Portland and Minneapolis Grain Exchange will be announced in the near future.
This Informational Memorandum is for the purpose of transmitting information and the expiration date is December 31, 1999.