. ed to on united states farm report the big march u.s.d.a. report has landed and we will check out the reaction. the wheat crop is nearly a month ahead of schedule but is that a good thing? and all this warm weather has not helped already dry fields. united states farm report is brought to you by the enlist weed control system and by the 2012 chevy. the most dependable, longest lasting full sides pick ups on the road. >> hello and welcome to united states farm report . the over

hyped perspective planning report came out friday and seemed to patch what most producers imagined. it's important i think to remember this is what farmers were thinking in early march before a record temperatures and additional soybean price increases. it could be the stocks report was the bigger price. let's go to al pell and those numbers. >> reporter: hello. two key reports came out of the u.s.d.a. on friday. the prospective planning report and grain stocks figures. there were two big numbers, first for corn record acres is expected, just above estimates, now -- obvious as well where the acres came from. soybeans and wheat. both fell below estimates. u.s.d.a. pegged corn at just under 96 million acres verses 92 last year. for soybeans just 74 million compared to 75 million last year. all wheat acres came in 56 million after 54 and a half million last year.

the acres above market estimates roughly matched the drop in soybean acres. like wise wheat acres didn't live township prereport guesses. the other big story was grain stocks as of march first. many market watchers were puzzled about wheat subtuitions for feed use. it appeared we fed 77 lengthy of b -- plenty of bulk. these were the inventory numbers for corn. 6billion-bushels. soybeans 1.3 billion in the midthel of the range and wheat unsurprising, 1.2 billion. north eastern north dakota the state was -- expects the statewide average start date for field work will becoming monday. they said that is a month ahead of the 2011 average start. it would be the furtherrest since 2003. taking a look at wheat conditions from north to south

and montana, nash said more than half of the crop is just fair. a quarter is good and just 3% is excellent. in wyoming winter wheat is showing lots of promise, 71% is good. the rest is fair. kansas 59% rated good or better, oklahoma shows three quarters of the state's wheat is good to excellent. in business, the nation's nearly 2200 farm banks loaned more money in 2011. that's latest information from the american bankers association showing farm and ranch lending hit $3.8 billion. that's up nearly 6%. agriculture borrowers have a outstanding balance of roughly $72 billion. to keep up within creases those farm banks have hired more than 6,000 people since 2007. those are the headlines. now back to john. >>

>> crop watch this week looking at widening drought in parts of the corn belt. the monday stotious lingering problems in northwest iowa and southern minnesota. its been locked there since last fall and this week it was added to central illinois, yes thank you very much and northeast missouri. a farmer from jackson county michigan said he just finished up tillage. he said the wheat looks amazing in his part of southern michigan and in the hudson valley fruit grow growers saw temperatures dip down to 18 degrees. a farmer said he thinks the peach crop suffered the most damage. is he optimistic there will be plenty of apples. when we come back al is into talk market was mike and chip. please stay with us. >> get harder working leaves and higher preforming crops hour application can ratchet with technology for corn and

soybeans. you're watching united states farm report with john, al, tine morgantryside. jumps to one in 80.marylaad -

. round table we have mike flores, we have chip from blue roof agro marketing and we have huge reports now -- a report is a report. this one is big because it surprised everybody that came out on friday. i'm going to go to you first and give you a summary of what the market did after we got the report information and then we will talk about the report. >> large gains on friday across the whole entire grain floor. old crop corn closing limit up dragging the new crop corn, you

had mid50-cent gains in beans, after that report and wheat was sharply higher, up 40-cents, charmley higher reactions after that report. for the week corn after that big drought midweek closed lower for the week. beans and wheat higher it was a shock. >> a shock. unexpected correct? >> i think the acres was unexpected, especially the way the market was positioned with that big break-in corn prices and wheat prices going in to the report. >> mike flores you were look at this and -- you said off camera you weren't participating in a market for wednesday like -- you decide to get evened up. did you have any idea what would happen? >> no we have had so many dubious reports over the past and i just don't have any confidence. i don't want to risk money -- they don't foe what will happen. i want to avoid it. what it's showing what may clients -- there isn't any

corn. that's going to be very difficult to push the market down. over the course of the summer there could be a squeeze in this old crop corn as we get to july, we are running out. >> let's continue to talk about stops and acres later on. you think are you shorter in corn. the market reported we were sort on soybeans. >> it was not as short, not as bullish in 9 bean stock but that demand has been huge. china back to buying united states beans again. sot demand across the board, corn, beans and wheat very large demand base built newspaper all three of those. >> that really once we come up with the report is supposed to drive prices up. maybe people are speculating. >> you have to ask yourself a lot of times markets top on reports, have you the bullish

reaction, next day that will start peeling a.. the number have you on corn, the old crop corn or will we have the continuation of fund liquidation. if you have that will push the market lower near term. they sold something like 60,000 contracts this week in and maybe there is another 60,000 to go. i'm not say tag will happen but i would say that the market action -- if you don't maintain the gains, you have an issue near term but you could just keep going up. i'm not it. i will watch the action but if it's not good action i would be careful. >> you are not the first market analyst to tell he that of course what happens after the report is really going to tell you -- it takes a day or so for it to be guested. >> and the fact that the report was on a friday, you have the emotion out of the way, got the people in and out that wanted needed to be in and

out. on the day of the report. got the weekend to digest it. early next week important to see market action, can we hold the gains and build on them or is it kind of the climax of this big huge full run in beans we have seen and the funds start taking profits on. >> we have six trading games before the april supply demand report comes out and that will make a difference. of course easter and the holidays coming up but starting on monday we have five-days after monday for that, for this information come and there are expecting to even less beans to come out of brazil and south america. >> i think that's part of what the baby market has been trying to digest. we vet a new private estimate. that combined with the much lower expected acres estimate for new crop beans and fairly tight stock was china continuing to buy it's all what

the bean market is digesting. there. are farmers holding stuff and aren't moving at this point in time. that can't be counted very well in the supply, do you think that is happening? >> i don't know. i don't think so. who is to say. it's always a guess but -- you know he just sample the people they deal with and they are all saying is no corn there. i don't know what to believe. i guess the truth is that the cash market is strong. you can't argue that. that's the real market. the cash market. futures just playing blackjack. you don't know where they will go. if the cash market is to strong the corn isn't there. >> acres, where they will come from and -- we return to the united states farm report in just a moment.

. round table guest this

week. let's talk about acres. what was the biggest surprise in acres, or was there a surprise? >> i don't think so. i think it came out as expected. lue plant more corn and less beans, if i was -- if i was a producer i would think maybe i should plant more soybean. i'm sure some of that will happen. i don't think it was a big surprise. >> you don't think so? >> i don't. market i think was shocked, corn acres, maybe a million acres higher than expected beans, maybe a million less. i agree with my guy. i talked to producer that even before this report were starting to twitch. i had a hundred acres that -- i may switch that and after the report and the reaction to corn or beans report, that's just going to increase. i think that's probably the biggest corn acre number you see. i wouldn't be surprised if we don't get a million acres out of corn. >> i have folks in the

northern part of the united states. the dakota's talking about we won't plant as much wheat, particularly spring wheat because we can make planting more corn or beansu. you think they will shift thing, morn bean acres, that will change things. >> that was part of the bullish reaction of the wheat. lower than expected acres number, north dakota, 1.1 million additional corn acres expected there. it's still early enough for everybody in north dakota to take a step back and say what makes sense here after these big price moves. >> okay. we always look for that big black swan that will come down and do something. what could that be to -- things look good. good growing weather coast to coast. we -- a lot of weather this kind of thing and the reports come out . prices coming back

up. what could -- >> normally what happens is not related to grain. >> okay. >> usually some outside source. what comes to mind for me is -- the fund, the manage money has a long position in soybeans. right now it's record. if they decide for whatever reason to peel off, just look what happened to corn. there is nothing that caused corn to drop like that. there is no big supply -- they decide to come out of the market that could really mushroom into a lower market. a little bit nervous about the soybeans, i think they have gone to far to last. i think it --. >> you were saying the soybeans were over bought by funds and you are afraid it could drive the prices down. >> market action, if the market keeps going up there is no issue. if they start falling recognize it quick. if they start -- let's say they give you a couple days down next week and maybe rally back, they come back down and take out this first low. that's a good sign maybe the

game is over for a bit. >> we don't know what could happen. something happens that could take the money away. the funds could --. >> interest rates start moving up. risk trade goes off. all kind of dumb things that have nothing to do with grain trading. >> have you thought about what -- what that down fall could be. >> i think -- i agree with mike. i think the black swan is still europe. interest rates in spain and that will be the next problem. five, six months highs, that means some fear about maybe continuing financial problems there. i think the big break early this week, you can blame it on the fact that the big report was coming up but lot of the outside market was beat up too. that fund, risk on and off is still the big issue. > buy silver. >> expect a lot of increase volatility. have a plan, know what to do. whatever way the market moves.

>> know your own numbers and then work them. >> yes. >> okay. thank you both for being here today on united states farm report. we will be back with more in a moment. >> stay on top of the market was prices sent by text message right to your phone. only from commodity update. text market.

. we will start you off with a look at latest united states drought monitor and it seem that the area to watch is right here in the upper midwest. minnesota, parts of northern iowa have been showing consistent dryness over the past several weeks. lot of growers trying to get into the fields at this point and you don't want dryness when you have planting going on. with the dry weather a lot of people have been getting planting done especially into the southern parts of the corn belt.

we continue to see dry conditions in the southeast. we have seen improvement with rains and the same for parts of texas. the southwest corner of the country still dry and has been for quite some time. let's take a look at the week ahead. we have a trough move across the northern part of the country. woe don't see a lot of changes, maybe the weekend will bring cooler air toward the four corners. let's look at what shaping up for monday. we will seat main focus in the midsection with a funnel system moving through. look for showers, thunderstorms, as that moves through the great lakes, the corn belt all the way down to

the gulf coast that. will move on to the east. bring in more moisture even into over toward the midatlantic. warm in the southeast. wet in the northeast and more precipitation and the form of rain and elevation snow in the pacific northwest. heading onto wednesday, wet conditions for the great lakes toward the northeast but dry across the southern tier. we still see the active weather going on in the pacific northwest. lots of sunshine for the central and northern plains, as well as the southern plains. as we head over to friday when he are expecting to see is warm conditions creeping back up in to the nation's midsection. more wet the and very active weather for the northwest. rain, maybe upper elevation snow there. we will see wet conditions into the northeast as well but a lot of people will get into the field and at least get field work done. stay tuned, we will have more

weather in the next half hour.

. i realize many of you may have just eaten but i will be bringing up a topic today that may provoke a strong visc era l reaction. i'm talking about the first day on our farm. like any start up the first day almost never proceeds according to plan but since we were starting a new planter, a new tracker and computer system all from different makers, we were prepared for a considerable effort to get going. we are facing the mother of all trouble shooting challenges, the failure.

we still haven't identified the problem. ly bet dr. house couldn't find this one. we have called in extra help and they have give ten their best shot. they all seem to suggest the problem is with the other guy's equipment. not theirs. it makes me nostalgic. i'm confident we are get the problems worked out. if history is any guide it'll be several season before we trust the machines. let us know what you think. e-mail, or call and leave us a voicemail. coming up in the next half hour

we will visit what could be the oldest farm in america. the second half is coming up. on u-s farm

report... fruit trees have thrown away the calendar, especially in the nation's capital volunteers help kentucky storm victims pick up the pieces and we visit what may be the oldest family farm in america hello and welcome to u-s farm report, i'm . >> fruit trees have thrown away the calendar. volunteers help kentucky storm victims pick up the pieces and we visit what may be the oldest family farm in america. united states farm report is brought to you by the enlist weed control system and by the 2012 chevy. . >> hello and welcome to united states farm report. the growing consumer resistance to lean fine textured beef has

upset the beef industry. most interesting aspect for me is -- has been how it all came about. it was not started by a main stream reporter writing it out. it started on the food channel with a star chef jamie oliver. after that it was the social media, not main stream, facebook, twitter, youtube and websites. traditional media trailed the pack which leads to an interesting problemf. they aren't to be treated how does the processing industry get their rebuttal out? let's get started with all those headlines. >> thank you john. hello everybody. governors from four leading agriculture states are fighting back against what they consider a smear campaign against the beef industry. in particular they have a problem with media, both traditional and social using the fhrase. run by 'beef

processing incorporated'. that company is the leading producer of lean, finely-textured beef. in recent weeks, supermarket chains and restaurants backed-off from their use of the usda-approved beef product. the supermarkets backed off from their use of the weave beef product. they explained what parts are used why it's treated a mix to kill bacteria. after the tour the governor spoke about the danger the company has had. >> if there was a safety issue i'm for going after any safety issue on food. whatever it is. go -- we should go after it and we are and we have been as a industry. that's not what this is. >> if the amount of effort wasted on this nonissue was to tell people to use a cook thermoter we may save lives.

>> the company said 650 workers. in other news wendy's has two changes to welfare standards. they said it'll look at the use of gestation stalls, they have supported the elimination of them since 2007. it'll now require all united states and canada pork suppliers. this after mcdonalds made the announcement last movement the other change is replacing the industry standard of stunning chickens before they are processed. they call it a more humane practice. senate cherry blossoms are just past the prime viewing in washington dc. if you have never seen it it's a fantastic sign of spring, no matter if you are a sight seer or a sciencist.

the trees draw visit ers from visitors from around the world. researchers are working to make the trees durable as well as pretty. >> we are looking at breeding developing new type that are disease resistant. tolerant to stresses, could do well in a urban environment but have the flowering qualities that people could come to expect and love. >> this morning the national cherry blossom festival runs through april 27th. they released a new variety this year named after the first lady of william taft. she planted the first of two cherry trees at on march 27th

1912. that's it for news. cindy clawson with the national forecast. >> welcome back to united states farm report. we are will start off the week with a little on the wet side. we have a trough come in the jet stream. we will have a front all the way down from the western lakes, all the way down to the gulf coast. not a bad thing. we need the moisture in a lot of the areas from minnesota, on down into texas. pretty dry in a lot of the areas, we will see wet weather in the northeast and into the northwest as well. maybe rain and upper elevation now. little on the breezy received parts of montana, wyoming dry in the southwest, dry and warm in the southeast. heading in to wednesday, we will see the wet weather in the great lakes and into the northeast and again wet weather with continued front after front after front coming into

the pacific northwest. look at this we have fairly dry conditions across just about all of the southern united states and much of the plains as well. some people will be able to get in to the fields there. a similar situation on friday. we will see the wet weather into the northeast there, cool temperatures as we have a trough dipping down to the midatlantic, cool and wet into the parts of the northwest as well but warm in the midconnection fairly dry so after early week rain we will get a lot of field work done in much of the nation's midsection in to the corn belt and the southeast. what does -- the future have in store for us? as we look into next week we will see the warm temperatures, basically from the mississippi westward toward the four corners area, its been that way for a lot of people for a while now and -- just about the rest of the country is going to see fairly normal temperatures. as far as precipitation is concerned next week the wet areas expected to be from the western lakes and across to the

pacific northwest. no surprise there. no, ma'amal condition -- -- as we look out 30 days, that forecast, above normal temperatures for a good piece of the country, southeast, as we get down to the gulf coast, upper midwest, down to the four corners, on the cool spot is going to be in to the pacific northwest. as far as precipitation, the great lakes and down in to the high ohioly valley will be on the wet side. in to the plain states and into the four corners area. stay tuned. celebrate

. >> we often celebrate our farms, that's quite a milestone. imagine how you celebrate when you have been on the same soil.

president. clinton griffiths took a trip to salisbury, massachusetts for a history lesson, through the eyes of a farmer. clinton says the clinton says the . >> the bartlett family has been working on this land , growing crops, cutting trees and supporting the rise of america. >> i the field we hay. donna bartlett and her brother jim are the 11 the generation on this plot of land. a farm, some 370 years in the making. >> it's pretty impressive. it's impressive to have a farm that long and see the generations. >> it was the mid1640s when their ancestors first moved here. >> you go back in the to mid1600's, people were going away from plymouth.

. >> they work the farm in the summer. >> in a world made of wood the forest couldn't keep up. >> this was known -- as the plains, just stripped of trees. >> over the sent rips the trees grew back and the farm continued. >> i think my father said -- they brought their first. . >> generation after generation has found pride in living off the land. pride passed down from father to sibling. >> he installed -- a love of the heritage and farm.

open land and, that's been put in his. . > >> today the 500 acres operation includes a saw mail. for a history lesson, through the eyes of a farme . >> and if -- that doesn't come to being i would like to see somebody farm this land. you know i would. it would break my heart to see it developed. >> today this family farm, older than the country in which it resides may be the oldest family farm in the united states. >> sometimes -- you think you can almost feel them around here. >> any farmer will tell you with roots like that the harvest is plentiful for the soul. for the united states farm

report. >> clinton said the bartlett family farm may be the oldest family farm in the country but it hasn't been verified. our thank you to the family for sharing their story. next week we head to the lone star state where teens restoring history and opening doors to the future. that's next week. up next how a corner of rural america digs in to help those in need. we are off to the bluegrass state next on united states farm report. . >> it's not to late to enter agriculture web's march mayhem college basketball round by round pick them contest. you can enter all the way up until the final weekend. stop by agriculture web.com for in kentucky, the

recovery process continues following the devastating storms from a senate recovery project continues after the devastating storms a month ago. rural communities were hit hardn. addition to that farmers lost miles of fencing that let the

livestock run free. agents helping those in need. >> . >> university of ken kent agents from eastern kentucky and volunteers, helped load truck was fencing supplies to be delivered to farmers around the area who were hit by the tornadoes up rooting fences and destroying everything in their fact. >> the farming community was hit hard because it took away -- all the fences and barns, feed, the cattle and horses and the goats still needing all the hay and feed. we are trying to get them feeds, fencing supplies. >> the cattle men's association helped facilitate about $16,000 in fencing supplies that was delivered to this staging site in morgantowny.

they hadn'ted out about a quarter mile of fencing. hay was donated earlier that they took directly to feed animals. >> we drove out with three round bales in two on a trailer one in the back of a state truck and drove in to the field and pushed it out for them.  . >> one farmer hadn't seen his cattle since the storm hit and the livestock are still running free. more supplies expected to reach the devastated area and agents plan to get them out as fast as possible. >> we have supplies this week, next back, the week after that. we were telling people if they don't get the supplies on the first initial run of the supplies we have in. we will get them later on.

damages and suffer the consequences with this storm. >> daniel said they will base it on need and will try to respond to as many farmers as possible. from the university of kentucky. >> thank you jeff. when we come back tractor tales and our country salute. for tractor tales

this week? al, what's on tap for tractor tales this week? john, we're off to the sunshine state to check out a 1939 joh . >> we are off to the sunshine state to check out a john deere b and that's an old one. this collector brought it from a friend in upstate new york.

for $2,500 we bought it. my dad made the long trip up about 25 hours driving. brought it back homew. got to painted up and he decided we needed something to pull behind it. every year they go to north carolina and looking for christmas trees, every year after thank giving they take a two week trip. they noticed this manure spreader, not as pretty, it was a farm -- used piece of machinery. noticed it in the guy's front yard with a for sale sign so he turned around like he saw a god back there or something. he turned away. he brought it home. sand blasted it, cleaned it up. put a john deere sticker and started -- that big thing. >> this one here is different. have you to spin the fly wheel. play with the throttle and

choke. it's a lot more labor intensive. you have to release that to go forward. a lot more involved and -- no luxuries. it's not one of those that take itself over. the manure spreader is functioning. you could farm with it right now. >> don't forget you can watch tractor sale tales online at united states farm report.com or on facebook. the segments also available on i-tunes. today's country church salute goes to missionary baptist church. organized in 1847 it was met condition ty since then but for the four years of the civil war. a church member said some of the people from the first members still attend. that's object eight

generations. early members moved to this part of arkansas from tennessee and george georgia during the westward expansion of the united states. congratulations to -- missionary baptist church. this week's receiver of the country church salute. and as always we want to learn about your home church as well. salutes can be sent to the address on the screen. stay with us. the mailbag is next. time now for our

weekly look

time now for our weekly look inside the farm

. time for a weekly look inside the farm report mailbag. i knew this was coming after the episode last week and i'm glad it did. he was under the pick up and all that held it up was a jack. has anyone that has dealt with that knows how unsafe they are. that's from michael williams. michael, you are absolutely correct in your objection to the unsafe practice shown. ly not offer any excuse but will explain how it got on the air. the episodes are produced in arizona and sent to us in bundles, the only people who would likely see them before they air are our program producers and technical staff. i suppose i should screen them ahead of time, let's face it he is a funny and while he crowds the line in good taste sometimes his work is professional and polished. when al and i saw that same scene in the studio last week we both groan, d at the same

shot you saw. we both have had friends killed by vehicles falling off jacks. it is not a defense. baxter was not demonstrating the correct way to work on a truck. he was making fun of his inability to do it. i don't think anyone got the message this is okay because baxter does it ; i probably still should have stopped the taping put in another episode. that was my error. maybe this reply will help remind people of the stupid ty of what they saw for a few seconds. thank you for the reminder. as always we want to hear from you, send comments to mailbag at united states farm report.com or leave us a voicemail. for all of us, thank you. be sure to join us again next week.