After the Spring Festival, terminal consumption enters the off-season for the year, and the recovery of slaughter demand is slow, which has a bearish impact on the live pig market. At the same time, the supply side in March is still in a capacity release period, and the live pigs that did not complete the slaughter plan in February may be delayed until March for slaughter. The supply of live pigs may be sufficient within the month, and under the bearish influence of supply and demand, pig prices in March may decline month-on-month. However, after pig prices drop to a relatively low level, it may stimulate some enterprises to stockpile frozen products and engage in secondary fattening, which will play a certain role in supporting prices and limiting the decline in pig prices