Group 1 - The domestic futures market for agricultural products experienced a decline, with the main contract for live pig futures closing at 11,625.00 yuan/ton, a slight decrease of 0.68% [1] - The average daily price of live pigs in China was reported at 11.96 yuan/kg, reflecting a week-on-week decrease of 0.04 yuan/kg, while the benchmark delivery location in Henan saw an average price of 12.66 yuan/kg, which is a week-on-week increase of 0.36 yuan/kg [2] - The supply pressure is increasing due to fewer marketings in February, with larger farms reducing weights and small-scale farmers increasing their marketing activity, leading to a faster marketing pace ahead of the holiday [2] Group 2 - Seasonal consumer demand is entering a peak period, with an increase in residents stocking up for the New Year, providing temporary support for pig prices [2] - The supply-demand dynamics are expected to dominate the spot prices, with the futures market showing a near-weak and far-strong trend, indicating adjustments are anticipated after the holiday [2]