Ruminant meat and bone meal prices moved lower into the Eastern market today. Increased production has placed pressure on the entire protein complex as a whole with feathermeal, meat and bone meal and bloodmeal prices all moving lower this week. Hog slaughter has averaged over 400,000 head per day today and yesterday, a sign that the market is getting closer to historical norms in terms of production. The, in places, unexpected and rapid upswing in production is weighing on the market. With soybean meal at $280 – 285 for the nearby contract, markets…