we have seen $7 corn and $8 corn, they will either walk in the basis for us all some cash, one way ore other, they will take in some strong cash market. >> if you date back to early december, a lot of people in industry, market advisors and the commercials all had the short-term outlook. and come mid-january we would start to see this often. so i think in the strong term short-term basis, some would say that farmers might be reluctant to sell, but as long as it has persistent, it's worth reevaluating something that says more about the actual supply. >> the supply might be shorter than we think it is mkçat this point. >> corn made new highs today in the spreads, so i think the market is telling us something. >> okay. we will be backusus farm report in just a moment. >>> mike joins us now with the weather, and i haven't seen anything given up on winter. tell me about the big warm-up coming for spring? >> well, and what that means, a lot of rain and snow over the next couple weeks as the storms continue to trek eastward. a lot of cold air cooled in canada and it will become southward for

with some corn flavoring.ittle bit salty and the bacteria there naturally and we all have bacteria, it is like between their paws and that kind of thing, the combination tends to give off that smell. there is no -- that is the reason. now, some people have wondered well, is it to attract something or make dogs commuter to miami and whose like corn ships. that just happens to be the smell that emanates from their paws particularly after they've been out and about for a bit. >> for people concerned about it, it is perfectly healthy for the dog to have it unless it is a very, have very strong odor. >> if your dog walks in, and someone opened a big bag of corn ships, then you might want to have the dog looked at. >> and i can say i don't think i'll want corn ships after this. >> maybe the corn chip company got the idea from the dog, smelling dogs' feet. >> if you lick the dog's foot, would it taste like a corn ship. >> i'm he -- corn ship. >> i'm going to let you answer -- taste like a corn chip. >> i'm agoing tot

you guys love corn. i really believe we're going to see somewhere between 95, 96 million acres of corn planted if mother nature cooperates. >> give me a number real quick. 95, 96? >> i'm more 96.35 officially. i think if there's any error to be erred, it's more acres than less, if mother nature cooperates. but also, i think there's an argument that trend line is probably too high. probably 161 is probably -- because of the expansion in the corn belt. >> well, we'll have to leave it there. we'll be back in a moment. >> when we continued the questions on this week's round table, i turned to gregg hunt to update the developments in the mf global bankruptcy. >> i know when they went to trading publicly, they obviously, you know... i think a lot of people didn't realize they changed. but i keep it real simple. they apparently stated they audited mf global on thursday and friday was the day before they went bankrupt that monday morning. i can't wrap my arms around why it's taken this long to find this money, w

we're gonna go pick some corn? >> yeah, we're gonna pick corn. >> this year, he harvested 87,000 bushels of corn with his 300-horsepower combine that he runs hands-free off gps. you're like a kid, you know, that can ride his bike without his hands, right? >> it's a big toy. >> it's a big toy. >> but it's expensive. >> but with corn prices soaring, he can afford it. and incidentally, even a farmer named buffett can get farm subsidies. howard received $300,000 in federal payments over 13 years. here's something you said once. here's a quote: "it seemed nothing i could do would be as successful as what he did," meaning dad. >> that comment would mean that in the world's eyes, you know, i would never be seen in the same success as he would, particularly in investing and in business. that's okay. i mean, you know, and my mom and dad always made it clear that that was okay. >> there's no sense in trying to compete with me, because he's not gonna play my game. he should have his own game. grain shipments were down a lot l

make sure that it's sweet corn and not field corn. >> you mean your mayor would short change you? >> well, he might sends you the corn that you could feed to your livestock, not to your folks. well, i appreciate the opportunity to speak to this group. i obviously have a fondness for those who are running cities big and small. they have a very difficult job at a very difficult time. and i know that there are tremendous demands on all of your budgets. let me just really summarize the president's philosophy about where we go in terms of the economy and the role that usda and energy and biofuel production plays in that equation. simply stated, the president believes that we obviously need to be a federal government that will, over time, spend less money. that is fairly clear. we've got to get our fiscal house in order. but as we spend, we need to invest wisely. and we need to invest in the opportunity to create an economy that gets back in the business of making and creating and innovating again which americans have done so well for so long. the reference to thomas edison is the kind

this is some man snack pop corn. this is maple bacon pop corn.o it actually no man event is complete without bacon so pop corn with maple syrup. you just pop the pop corn in the bacon grease so it use it is flavor in the pop corn, crumble up the bacon op top, maple syrup, salt on top and it's delicious. red white and blue for day cor. so if you have leftover fourth of july things or memorial day you can pull out some for day cor items. beer we have stuff for the brooklyn brewery. convenient little beer tags. people underestimate what you can do. so these clear labels that you can buy at staples you can print on your home computer and use as stickers to create for instance beer tags so people identify their beer. there's eli manning on the. you can also use that on glass wear so you can create a drink and i'll give tom brady a little time. some think he may be lacking in toughness. this is a drink called the cream puff. it's a light cream mixed with some rum and confectioner sugar. you can take a sip of your cream puff. some other fun games while

voom, voom, voom. >> david corn, i love you. know, i was there when calvin coolidge cut tax rates at the margin. >> it worked. >> and we had a tremendous boom. i was there during the coolidge tax cuts. i was there during the kennedy tax cuts. i was there during the reagan tax cuts in the old executive office building. david corn, you guys over there on your side of the aisle underestimate, obama jacking up tax rates versus romney lowering them, that's an easy pun. >> you say you care about the deficit. you care about debt. there's nothing in romney's plan that makes up that gap except your magic asterisk that if you do this somehow there will be money flowing in from the heavens. it hasn't 457d in the last 20 years. it's not going to happen again. but listen, i think it's great. you are representing the 1%. and that's fine. take that to -- that's great for the republican party. >> the whole story, david, of what happened -- you know, when bush cut the tax rates in 2003 and the next four years we had 8 million jobs. that's not a

we used a biodegradable product, who's base is corn. >> that's good for us in corn farming. >> in case of an earthquake >> is there any limitation on the life? >> in the building department, i see people coming forward with some new product. one the things we have to look at is not that they meet the structural but meet standards for durability and meet the expectations people have. do you think we meet our durability and other expectations using these products? >> i would absolutely say the manufacturers that put these products together are risking their reputations. they do testing before they let it go out with their name on it. all of our products, most of them have lifetime warranties. although i say this is compostable. it's not like sunlight and a little water and it will disintegrate. >> i think one of the things we need to do and everybody involved in this field, keep an eye on this. some of this is not going to work out. >> just underlining what robin said, i think this was not our first choice material. our first choice material they were not, they had it out on display, but

the problem i have with corn is that corn is sitting in judgment of his faith values and saying thatrefore i get to scrutinize and say whether it's right or wrong. >> are you doing that? >> i'm not saying right or wrong. >> you are. you are sitting in judgment of it. >> i am saying you can evaluate them. >> stop for a second. let me referee. are you questioning rick santorum's right to his religious beliefs? >> not at all. >> what are you questioning? >> the impact on his policy view of the world and his -- >> where? where? >> if he says protestant churches are controlled by satan that seems to me to indicate he has a certain view of protestants. >> what policy, david, are you specifically addressing that to? what policy are you specifically applying that to? >> stop. how can you -- how can you be president of the entire nation if you believe part of them are part of satan -- >> where is the policy -- >> abortion, contraception? all these moral -- >> where is the policy implication? >> let me help you out. this isn't complicated. i think what he is talking about, not to speak for ric

these sites were just covered with corn cobs where we'd go in and find a cache of corn cobs about 4 feet deep and 12 feet long, thousands and thousands of corn cobs and woven material all over the place, pieces of basketry, pieces of their sandals. this place is very well preserved. i mean a lot of this stuff is obviously worn, but it's been sitting there for 500 years. and what i found there that was very specific to anastazi were t-shaped doorways. you can see a large t-shape here. this is a very specific symbol that you see in chaco canyon and you see in mesa verde. there are certain sites where they are finding t-shaped alters where pieces of stone about this size had been cut into t's and are standing up inside of rooms just covered with objects, with necklaces. so the shape obviously had some meaning. but it is a clear anastazi shape. it is a clear shape from the colorado plateau. we do see it in calinke, you see it in certain incan sites in south america. so it might be a pan american feature. i'm not sure what it is. some hopi people have told me that the t, the bottom of the t,

they're going to eat corn, what do you need to eat corn?hat industrial play which makes building gear equipment claims. >> japanese version of caterpillar. they have easy delivery into china comparison. from that standpoint big growth opportunity. better valuation. >> and your final pick is a real estate play based in hong kong. tell me about it. >> yeah. soundwill, you can tell i'm not the portfolio manager, right? this is great because our international portfolio manager just picked a name that basically was up 80% in a day. and really -- he's real big on valuations. this company basically manages and develops real estate in hong kong and also mainland china. they are valued, they're nav is about 40% of what it's trading at. it's huge. >> a huge discount to underlying value. >> alan reid, thank you very much. good to see you. >> thank you. >> sue. >> ty, just about two hours left in the trading day. charts of the day up next. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from nationa

these sites were just covered with corn cobs where we'd go in and find a cache of corn cobs about 4 feet deep and 12 feet long, thousands and thousands of corn cobs and woven material all over the place, pieces

. >> according to corning, our future is going to be all about glass. ♪ this video that corning put outs called "our world of glass 2" and just shows all the different applications that they're planning to create in our future that contain glass. ♪ >> they haven't spent time with people like me because it was trying to make a handheld device only a piece of glass it's not going to survive. >> if this is true it's going to cause a lot of people to have to be really careful. to answer your breakibility question, a lot of the technology in glass that we use in our modern products like ipods and iphones use something called a gorilla glass. it doesn't immediately break. it is much more durable. you can break it if you try hard enough, but that's the technology they're working on to make this gorilla glass even more durable. >> like a super gorilla glass. >> super gorilla glass. here it is applied to the interior of a car which i think is really cool. it's the whole interior of the car is all contoured. >> oh, my goodness. >> the girls are changing the theme of the car with their tablet comp

high fructose corn syrup sweeteners are often used no soda. in order to avoid weight gain, people should pay close attention to their calories and switch up with water. >>> managing conflict, that's an important part of any relationship. a relationship can't be as perfectals the movies, but in real life couples disagree. the key is to learn to fight fair. it's important to follow basic ground rules. first, easy does it. bring it up gently. next, control your emotions. if the conflict does escalate, take a break and regroup later. also, remember to listen. try to avoid insults. no yelling, screaming, hollering. don't forget to call your own fouls. >> i need to remember all the reasons i'm with the person, all the good qualities. it's about keeping perspective. that's important. >> remember saying i'm sorry can go a long way in resolving conflict in a relationship. >>> a family desperate on the side of a highway praying for help. how it became the beginning of a new nightmare. >>> virginia's governor is now against a bill allowing women to get a

. >> this one is made from red 40 and this one from corn. >> reporter: one company bred corn resistanto pests but they found something more powerful in purple corn, one with more anti-oxidants than blueberries. the research led to the realization of the corn's potential as a natural color. >> barely tell the difference. >> reporter: would you ban these dyes? >> yes absolutely. >> our house is much calmer. >> reporter: doing away with the one ingredient where the true shade is gray. >> you won't find dyes in europe. the eu requires a warning label so companies did it way with them. here in the u.s., the fda has voted against warning labels but says more research is needed. >>> well, it is suddenly the fastest growing grape in california thanks in part to some bay area rappers. how the local music scene is fueling demand for this once obscure wine. reading, writing, and speakg in public can be intimidati. >>> when you're just learning english the prospects of reading writing and speaking in public can be intimidating but as sharon chin reports, hundreds of students are soaring in self-co

>> they've got corn and some helmets. >> yep.orn inside some what looks like vases with the helmets on them. >> looks like he's going for the patriots. >> sure does, yeah. >> looks like it's the new york giants according to teddy. >> he's going for the upset again with the giants. this surprises me because i thought maybe teddy would go with, you know, the patriots because it starts with a "p," porcupine, patriots, both start with "p." >> yeah. i didn't think of it that way. i'm not sure what to say about that. >> that's what i thought. >> according to teddy, it's the giants to win super bowl xlvi. >>> hey, everybody. i wanted to let you know our crew has found great videos and posted them for you at rightthisminute.com. we find fresh videos all day long. not every video can fit in a half hour show. get over there and check out rightthisminute.com. >> a classic coca-cola commercial gets a make-over just in time for the super bowl. they're bringing back mean joe green, but which version is the better one. >> terrible. >> i love it

in the corn base where we have ten years to improve our act, corn-based is now cheaper than gasoline. ten years after we started, given us another five years and we'll be every time cheaper than gasoline. >> and steen, they say it's based from corn crop residue, which is -- >> correct. >> how different is what they're doing to what you're doing? >> i think the difference is that they're two years late. >> okay. because you're going into production in 2012. >> exactly. >> that's a year late. that's a year late sneer well, let's see. >> all right. steen, thanks very much in deed for joining us. steen riisguard of novozymes. >> thanks very much. kevin rudd announcing his resignation as australia's foreign minister a few hours ago. they're calling for a leadership vote. let's find out more from matthew taylor. matt, certainly an interesting development and this political development has seemed to take the wind out of the australian dollar, not smog that even the chinese pmi numbers did earlier this number. take us through there. >> yeah rk, you're right, chloe. the dollar bumped up a litt

%ructose corn syrup.ne baby formula tested had an r arsenic concentration six times higher than the epa considers safe. the chronic exposure to arsenic has been linked to increased risk for lung and skin cancer. type 2 diabetes and cardiovascular disease. >>> the federal government has proposed new guidelines in an effort to prevent distracted r driving but the rules aren't just for drivers. officials are putting pressure on auto makers as well. that could mean some big chan s changes. >> reporter: you change the station on the radio. you enter a new route on your gps. gps. o% you call a friend to tell them you're on your way. o you do it all while driving. so do you drive while distracted? >> i try not to. >> reporter: the national highway traffic safety administration or nhtsa says distracted driving is a dangerous and deadly habit on america's roadways. it's going after auto makers with new proposed guidelines. h%th new proposed guidelines. nhtsa says vehicles should be equipped with items that meet co

a corns fall from oaks and we cut those down. hogzila murderer speaks. i summon you from the swamp and holler. a red cheeked salamander in your stomach. when i saw you i littered up my rifle with buck shot and took aim. you were the most beautiful hog i had seen that's why i had to make you die to convince my friends of high heroism. i had not done in life cleaning up beer cans after the hunters left. but as i told that lady from the new york times after offering her fanta, which she refused, the whole country will eat humble pie after the scientists dig up the body of hogzila and see the greetness of exactly what i have done. thanks. >> it's a pleasure to be here. i will jump right into this. i figured anticipation of halloween i would read a story about witches this is the beginning and ending of a story questions of lawed blue fly. coming home from school on a monday morning in spring saddy stepped through a hole in the school yard fence on to the hem of her dress. when she straightened the left sleeve separated. her brother heard it rip. he turned an

cider vinegar, a little bit of corn starch and apple cider vinegar and make a little slury in there. after 10 minutes cooking it slow and low, it will thicken into something that looks like apple caramel sauce. it's vinegary, so when you eat the miracle berry it tastes like caramel. the benefit is there's no sugar. you can't really fool a kid. they want sweetness. in this case we're going to pair it up with some waffles. you like miracle berry? how about you gracie? >> yes. >> good job. you're hired. there's a huge opportunity here for sugar companies, food companies, research and development companies in field to rethink all of their products and start really a whole new economy of sweetened products that have no sugar, sugar additives or substitutes. let's give you your berry. suck on it like a cough drop. how does it taste? >> like strawberry. >> like a strawberry? that's a new one. go ahead and eat your lemon. >> is it sweet or sour? >> sweet. >> sweet. >> all right. so our overnight sour dough waffles are done. we're going to sit down and eat. you want both kinds of sauce? we ha

. >> they will sell 3,000 pounds of corned beef on sunday, lots of hot dogs too.do everything for super bowls. hamburgers, hot dogs. but our biggest thing is like pounds of corned beef, pounds of pastramimy. >> grab a pickle and chips. super size two. check this out. this is the lombardi trophy. >> our classic one is corned beef, roast beef turkey. imported swiss and lettuce tomato. comes on a loaf of rye bread. >> a sweet way to enjoy the game. >> it's like, what, christmas to people. it's a big day. >> wjz, eyewitness news. >> and, ron, we got it, the lombard trophy on lombard street. it looks delicious. it's estimated that americans will spend $11 billion celebrating super bowl sunday and an estimated 7 million people with call in sick on monday. that's a lot. >> not me, of course. check in for these stories and more. denise is stand big with a preview. >> fallout after a day after the susan g. komen eliminates funding to planned parenthood, they keep the money flowing. >>> check in for these stories and all the breaking news coming up at 6:00. >>> still to com

more powerful in their purple corn.ompound called anthosionin with more antioxidants than blueberries. a natural color. >> you can barely tell the difference. >> would you ban these dyes? >> absolutely. >> take a bit of carrot. our house is a much calmer place. >> doing away with an ingredient where the one true shade is gray. >> well the fda and the food companies both say approved food color additives are safe. the fda says there is no proven link between these additives and any hyperactivity. there you go. kraft adds they make some products that don't have >>> welcome back to cbs 5 on the evening. a valentine's day, 2012. we do have our live high def doppler radar. let's zoom on in where we have light rain showers. head on over there. look at that. that's some pretty moderate rain fall. all the way into petaluma. i'm going to zoom in on that particular cell. that's where it is pouring at this time. this is all associated with an area of low pressure that will continue to produce scattered light rain showers until abo

david corn, this is stunning. it shows -- what a boring word -- volatility.his is a national poll by fox and it shows what happened. this guy wins three primaries and all of a sudden, the entire people in the country, the republicans like lemmings? they just all of a sudden say, oh, is that the word from the big boys? i guess we're all now for santorum. >> it's a shiny object. >> why are they doing it? >> if you look at the numbers, mitt romney dropped 5 points, bit but newt dropped 10 points. we get back to the same story we've been talking about since last summer. what happens to the nonromney vote? and the volatility is like going from newt, basically stampeding to rick santorum after those wins. if you sort of factor it in and took a poll today, you'd probably see even more running from newt to rick santorum. so mitt romney stays at about 30%. the other people are running around trying to figure out where to go to find that non-romney. >> mark, a lot of people who watch this show are progressive. and they're looking across the aisle figuratively at the re

millions of pounds of fruit are canned and processed here in the small agricultural town of corning,ut 25 miles from chico. scott patton, who has 200 acres, is one of many family growers who supply the company with manzanilla olives. >> my grandpa started back in the early fifties, and my dad, jim patton, really brought the--and kind of organized the whole orchards and got things going, and... why i like olives? olives are good for you. olives--we were just talking about olive extract. you can eat an olive, and it helps reduce cholesterol. there's a lot of good thin about olives. olive oil--that's a greathing. >> but tell m a little bit--these are your babies basically. >> well, yes, they are. yes. a lot of times you'll get years where there's just aolive here a@d an olive there. but the pollination was great this year, so we have olives pretty uniformly in the--throughout the canopy. so we sell--the majority of our olives go to bell-carter. um, they've been great for the industry, and they produce a great, great product. >> california's weather is perfect for olives, and some of the

as an innovator, he replaced soil-depleting tobacco with wheat and corn. he experimented with a variety of untested crops from the teeming potomac he harvested shad, perch, bass and perch. some for his own table, the rest salted down to vary the corn bread and buttermilk diet of his slaves. the washingtons used only locally produced cheese or port. mt. vernon manufactured its own cloth. it's proprietor traded local flour and fish with french outposts in the west indies. yet even as he made strides towards economic independence, washington was hit with fresh english duties on paper, paint, glass, lead, and tea. inevitably, this brought him into conflict with a system that monopolized his crops for english use, while draining his pockets of english import duties, freight charges, insurance premiums, and storage costs. the money he borrowed to buy lands and slaves was english money. the mortgages into which these loans were converted joined the dismal list of financial obligations he owed to men 3,000 miles away. in 1763, king george iii arbitrarily closed la

the drought hit corn crops and when corn is expensive ranchers can't afford to feed as many animals. last year prices rose 10% and ranchers say 2012 is expected to be just as bad. >>> it's an issue dividing americans a plan to stop making dollar bills in favor of coins. two u.s. senators are pushing for this. republicans senator john mccain of democrat tom harkin of iowa they say it's going to reduce wasteful spending in the long run. the senate introduced the bill yesterday. last year the government accountability office found using coins saved more than 5 billion dollars over the next 30 years. >>> it feels like baseball weather and today the o's are packing up equipment and heading to sarasota for spring training. first trucks loaded up less thanfour hours ago and pitchers and catchers report in 18 days opening day sunday april 1st at tampa bay. hope onlier april 6th a friday. catch that again the twins. >>> the superbowl is on sunday. the truth is the ravens season is over and today the team will make it official. the owner and general manager along with the coach will sit down i

>> that is probably the toughest part of farming-- to market our crops. >> reporter: iowa corn and soybean farmer rick kimberely hosted the chinese leader and his 2,000 acre operation. he believes the asian power is a premiere buyer of u.s. grain today and well into the future. >> to give you a little background, exports-- we export 55% of the soybeans that are grown in the nation, not only in iowa but in the nation. and 60% of that number if exported to china. so that is a huge number. >> reporter: in 2011 the multi- billion dollar chinese market surpassed canada to become the top destination of u.s. farm exports. but american officials caution the agricultural sector against relying solely on trade partner for growth. >> but you still have to have a diverse portfolio. you don't want to be over reliant on one customer because that one customer could pull the rug out from under you. >> reporter: but for now china is rolling out the welcome mat for food grown in america. during xi's visit this week, china signed agreements for the largest soybean deals ever made in a single foreign visit of