The article highlights a significant decrease in live pig prices in China, with a drop of nearly 6 yuan per catty in the past two months, totaling around 11-15 yuan per catty. This decline is attributed to a return to normal pig production levels, an oversupply of pigs due to quality issues, and the ongoing COVID-19 epidemic's impact on the catering industry and economic conditions. These factors have led to a weakened market demand and profit margins for pig breeders. Despite the current downward trend, there is anticipation for a price rebound during the New Year's Day and Spring Festival peak consumption season.