The CEPP peanut factors necessary to establish the insured’s amount of protection under the peanut program for the 2018 CY are identified below. The factors are applied to the commodity prices for wheat, cotton, soybean oil, and soybean meal during the discovery period of February 1, 2018 to February 28, 2018. These factors apply only to states with a Sales Closing Date (SCD) of March 15, 2018. They are determined in accordance with the Peanut Price Methodology guidelines.

The factor values for the pricing of Yield Protection (01), Revenue Protection (02), and Revenue Protection with Harvest Price Exclusion (03) for peanuts in states and counties with a March 15, 2018 SCD as specified in the CEPP for the 2018 crop year are shown below.

The values for the exponent factors for each commodity exchange futures contract are:

Commodity	Abbreviation	Value
Wheat	𝐸𝑤ℎ	-0.1639
Cotton	𝐸ct	0.3255
Soybean Oil	𝐸𝑠o	0.7505
Soybean Meal	𝐸𝑠m	-0.3793

The values for the price constant and price weighting factors are:

Variable	Abbreviation	Value
Price Constant	𝐶	0.1614
Price Weighting Factor	𝑊	1.2818

The values for the type factors are:

Type	Abbreviation	Value
Runner	Tru	1.00
Spanish	Tsp	1.31
Valencia	Tva	1.11
Virginia	Tvi	1.11

Additionally, the factor specifications for commodities utilized to determine price volatility are as follows:

Commodity	Abbreviation	Value
Wheat	Gwh	-0.0304
Cotton	Gct	0.5179
Soybean Oil	Gso	0.1198
Soybean Meal	Gsm	-0.3501

The value for the volatility weighting factor is:

Variable	Abbreviation	Value
Volatility Weighting Factor	V	7.3651