The upward trend in pig prices is already apparent, but the market will see volatility later on.

Recently, pig prices have shown a slight upward trend, with small declines in some areas. In this pre-Spring Festival rally, the northern market played the role of vanguard, greatly boosting farmers' bullish confidence in the future market. However, in the period ahead, the southern live pig market will replace the north as the main force, and the upward momentum of pig prices in the south will gradually firm up.

The potential for pig prices to continue rising sharply later on will face obstacles; although demand in the future market will provide support, supply at that time will also be relatively large. The catch-up rally in Northeast China is quite strong, but its upside potential later on is limited, so farmers may appropriately choose to sell at the right time.

Although pig prices have recently maintained a sustained upward trend, there has also been no shortage of volatile adjustments, with gains and losses equally difficult, and the supply-demand tug-of-war finely balanced.

At present, the pig market is in a phase of weak equilibrium, so without strong support from the demand side, pig prices will basically not see a major sustained upward trend, which is a normal phenomenon. Therefore, weather is not the main factor driving pig prices up or down; supply and demand are, and the pig market is now waiting for a strong force to break the equilibrium, so pig prices will definitely not see a sharp decline.

Afterward, weather slightly stimulated consumption, farmers' confidence in a bullish future market grew, reluctance to sell emerged, and amid the supply-demand tug-of-war, a bullish atmosphere in the pig market and an actual upward trend gradually took shape.

The average live pig price in the north has now approached 8.5 yuan, and volatile movements are frequent; it can be said that with insufficient demand stimulus, pig prices will find it hard to continue rising on the support of weather and holding back sales alone. The southern market, meanwhile, is about to see the start of cured meat production, and the demand side will continue to gain momentum, which will break the previous supply-demand deadlock and make the catch-up rally gradually more evident. This is then expected to drive up pig prices nationwide; although northern pig prices will find it hard to rise, they will not fall either, and once the year-end pig slaughter season arrives, a nationwide general rise is expected to appear. At the same time, farmers must maintain a normal selling pace and must not concentrate on holding back sales and building up risk.