USA Rice Federation Daily, 5-9:
President To Veto Farm Bill - Congress Developing Override Votes; WASDE: Record Global Rice Production, Ending Stocks Expected up in 2008/09. (Read More)
Louisiana Rice Research Station News, 5-1:
Salvage treatments and controlling late emerging weeds in rice; potential for LA2125; levee renovation in crawfish aquaculture; fungicide use for multiple diseases. (Read More)
New crop rice futures got hammered today after the USDA
released their initial projections for 08/09 supply and use.
World production is expected to climb from 427.07 million
hundredweight in 07/08 to 432.04 million in 08/09. Total use is expected
to climb over 3 million cwt., with a net result of an increase of world
ending stocks of 82.58 million cwt, compared with 78.51 million expected
at the end of this year.
Old crop contracts, however, posted bullish reversals. Several
exporting countries are maintaining export bans, or minimum export price
levels that change as the market rises. Quotes are well above the
$1,000/ ton level, but are being met with some resistance, such as the
Philippines cancellation of their latest tender.
It is likely they will come back to the market later, whether this
will impact the market remains to be seen. November gapped lower, but
closed at the top of the day’s trading range. Support begins at the
recent low of $18.23
Problem grasses, broadleaf weeds and rice flatsedge are no match for pre-flood applications of Grasp®, Clincher®Â SF, and Grandstand®Â R herbicides.
Grasp® Herbicide
Controls
1-to-4-leaf, pre-tillered barnyardgrass (including propanil- and quinclorac-resistant biotypes), plus rice flatsedge and many broadleaf weeds, including smartweed, coffeebean (hemp sesbania), jointvetch (indigo), dayflower, eclipta and ducksalad in drill-seeded and water-seeded rice. Also provides suppression of perennial barnyardgrass and alligatorweed.
Early season annual grasses such as barnyardgrass, sprangletop, broadleaf signalgrass and fall panicum at the 1-to-3-leaf stage when mixed with a residual grass herbicide such as Command, Facet or pendimethalin.
Tough broadleaf weeds such as alligatorweed, coffeebean (hemp sesbania), morningglory and Texasweed in rice from the 2-to-3-leaf stage of growth. Add propanil or Grasp® herbicides for broad-spectrum control of broadleaf weeds, annual grasses and sedges, even in a CLEARFIELD™ rice program.