Quick Overview

• With fallout from the Hurricane Katrina disaster expected to slow economic growth over the rest of the year, the Federal Reserve could postpone its campaign of raising interest rates, the Associated Press reported Monday. .. And Rita may be on the way…
  
  

• Some federal lawmakers are considering delaying spending projects, including within the $286 billion federal highway act signed into law in August, in the wake of massive bills facing the country because of Hurricane Katrina, the Associated Press reported.

• The USDA's good to excellent crop ratings for:
  Corn was 52%, up from 51% last week.
  Soybeans were 53%, down from 54% last week.
  Cotton was 62%, down from 65% last week.