The pullback in pork prices is the market's return to rationality.

On July 17th, the national average price of live pigs has been falling for the 12th consecutive day, with the price of large white pigs dropping to 14.63 yuan/kg, and even falling below 7 yuan/jin in some areas. Multiple provinces and cities experienced a daily drop of more than 0.2 yuan/kg. Faced with the rapidly declining prices, many breeders are becoming anxious: why is the market cooling off before the peak consumption season arrives? However, if we look at the fundamentals beyond emotions, we will realize that this is not a sudden event, but a rational adjustment under the logic of stable production at high levels over the past year. It is the inevitable cost of the anti-cyclical pig farming concept reaching a critical juncture.