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Detailed text transcripts for TV channel - FOXNEWS - 20110512:14:07:00

begin overtopping on monday and the corps of engineers has armor plated the levee and we expect no problems there and we will get water in little towns like valley park, and carrie and that is going to be happening and is expected. reporter: and main population centers, like greenville, according to the levee board, safe for now. back to you, in new york. bill: greenville, mississippi, steve harrigan, thanks. heather? we are getting an early picture of the economic impact of the floods, arkansas alone, 1 million acres under water and damages expected to top $500 million and arkansas grows a big portion of the rice we eat. 45 to 50% of the nation s rice, comes from arkansas. and, eastern arkansas is where it is grown, so, we have lost a big portion of the rice crop. i have abandoned trying to plant my rice, all the ground is flooded now. it will be too late and i have a neighbor that has $2.5 million

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