Quick Overview

• Consumer spending in France increased 3.3% in August, more than expected
  

• Mexico's central bank, wary of a rapid spike in inflation, held its benchmark overnight interest rate at 7 percent on Friday and sent mixed messages over what its next move might be.
  

• Big Japanese manufacturers grew more confident about business conditions in the three months to September, a government survey showed on Friday, underscoring the economy's resilience
  

• The USDA said that there were 10.986 million head of cattle on feed as of September 1st, up 9.9% YoY. August placements were up 15% YoY, and marketing’s were up 2%.
  

• The USDA said that there were 13.9 million pounds of frozen bellies in storage, down 37% YoY.
  

• The USDA said that frozen pork supplies totaled 404.9 million pounds, down 2% YoY.
  

• The USDA said that there were 888 million pounds of frozen orange juice concentrate in storage, down 36% YoY.