Bloodmeal prices have come under downward pressure this week on increased supply and reformulations from some of the demand sectors. Hog slaughter has increased this week by 21 percent or 255,000 head. Porcine appears to be particularly vulnerable to risk for lower prices in the near term due to the increased production. Porcine MBM is at risk for lower prices as well. Established relationships and steady supply streams have netted values north of $350 this…