The Cattle on Feed report released after the close Friday was in line with market expectations. September placements were down 5% from last year and marketings were down 3%. The October 1 feedlot inventory climbed 9% above the year-earlier level to 11.4 million head, the highest October 1 level since the current data series began in 1996. The report should have virtually no impact on the futures market Monday. Cash market activity Friday afternoon will probably be more important. The weekly slaughter report released after the close Friday should be supportive. Estimated slaughter for the week is 639,000 head, up from 625,000 head last week and 621,000 last year. The increase was in spite of indications last week that packers would cut the slaughter pace.