February 18, 1999

TO:       All Reinsured Companies
          All Risk Management Agency Field Offices

FROM:     Tim B. Witt         /s/ Tim B. Witt
          Deputy Administrator

          SUBJECT:  Addendum to 1999 Actuarial Document (Special Provisions) -
          Announcement of 1999 Crop Revenue Coverage (CRC) Cotton Base Price 
          and 1999 Income Protection (IP) Cotton and Soybean Projected Price
                      Crop Revenue Coverage

The 1999 base prices for CRC Cotton  in counties with a February 28 or March 15 cancellation
date are as follows:

  100 percent  $0.62 per pound

   95 percent  $0.59 per pound

                        Income Protection

The 1999 projected prices for IP Cotton and Soybeans in counties with a February 28 sales
closing date are as follows:

  Cotton           $0.62 per pound

  Soybean          $5.30 per bushel


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