The domestic live pig market has weakened again after a brief rebound, with both spot and futures prices facing downward pressure. As of August 4th, the average price of live pigs nationwide was 10.33 yuan/kg, a drop of over 9% from the July 7th peak. This decline is attributed to concentrated sales from farms and a traditional off-season for pork consumption due to high temperatures, creating a temporary supply-demand imbalance. The industry is accelerating its capacity reduction, with the number of breeding sows falling to 37.8 million by the end of the second quarter, nearing the target of 37.5 million. AI
RANK_REASON The article discusses live pig prices and market conditions, which is not directly related to AI.
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