The increase in market supply and the continued decline in pig prices.

This week, domestic pig prices first fell and then stabilized. According to data from the China Pig Raising Network, on July 31, the price of live pigs was 10.35 yuan/kg, a decrease of 3.2% compared to last Friday's price of 10.69 yuan/kg. Looking at the average price for the week, the average price of live pigs this week was 10.45 yuan/kg, a decrease of 3.4% compared to last week's average of 10.82 yuan/kg.