February WASDE Lifts Livestock Prices Amid Shifting Supply Outlook

Higher livestock prices reflect resilient demand, even as disease and herd shifts reshape 2026 supply expectations.

Cathy_Lafrenz_08_09_13_USA_IA_Miss_Effies_Country_Flowers_and_Garden_Stuff_006.jpg

FarmHER, Inc.

WASHINGTON, D.C. (RFD NEWS) — The latest World Agricultural Supply and Demand Estimate (WASDE) report from the U.S. Department of Agriculture (USDA) for February (PDF Version) points to tighter dynamics and stronger prices across much of the livestock and dairy complex in 2026, even as total red meat and poultry production edges higher.

Beef and pork production were both revised upward, while poultry output was trimmed, reflecting shifting herd dynamics, disease impacts, and evolving demand.

Beef production is now projected to be higher due to increased slaughter of steers, heifers, and cows, along with slightly heavier dressed weights. While the January Cattle Inventory report confirmed a smaller 2025 calf crop, USDA expects more cattle outside feedlots to be available for placement early in 2026. Pork production was also higher due to higher slaughter levels and modestly heavier weights in the first half of the year.

Farm-Level Takeaway: Higher livestock prices reflect resilient demand, even as disease and herd shifts reshape 2026 supply expectations.
Tony St. James, RFD NEWS Markets Specialist

In contrast, broiler and turkey production forecasts were lowered for early 2026. Recent hatchery data and Highly Pathogenic Avian Influenza-related culling weighed on poultry and egg production, tightening supplies into the first quarter.

Trade and price outlooks turned supportive. Beef imports rose due to strong demand for lean processing beef, while pork exports increased due to improved competitiveness. Fed-cattle and hog prices were raised across all quarters, and the all-milk price was lifted to $18.95 per hundredweight.

Watch highlights and reactions to the February WASDE Report from today’s Market Day Report:

Related Stories
Strong corn exports offer support, while soybeans and wheat remain weighed down by ample global supplies, according to the USDA’s latest WASDE report for February.
Kevin Charleston of Specialty Risk Insurance discusses the importance of grain bin safety and joint efforts with Nationwide to provide farmers and first responders with access to critical, life-saving rescue tubes.
RealAg Radio host Sean Haney outlines the Trump Administration’s current trade priorities and what meaningful market expansion looks like for farmers.
Dr. Kelly Bruns from the Nebraska College of Technical Agriculture discusses how the college prepares students for careers in agriculture.
Bankruptcy filings reflect prolonged margin pressure, rising debt, and limited financial flexibility across farm country. Bigger operating loans are helping farms manage costs, but they also signal growing reliance on borrowed capital.
USDA’s February WASDE report, analysts expect minimal price movement as grain stocks remain steady. Traders weigh renewed Chinese soybean purchases, South American weather, acreage shifts, and upcoming USMCA trade talks.
RFD NEWS Correspondent Frank McCaffrey was in Mission, Texas, where state and federal officials addressed growers and producers at a round table event hosted at a citrus grower’s facility. He shows us how welcome news was all around.
A transition from traditional, technology-specific subsidies toward a performance-based, technology-neutral framework
Lower freight costs helped sustain export demand amid a challenging pricing environment.

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Producers across the country spent the week balancing spring planning with tight margins and uneven moisture outlooks. Input purchasing stayed cautious, while marketing and cash-flow decisions remained front and center for many operations.
Income support helps, but farm finances remain tight heading into 2026.
Federal assistance has helped, but the most recent row-crop losses remain on producers’ balance sheets.
Rebuilding domestic textiles depends on automation and vertical integration, not tariffs or legacy manufacturing models.
Strong supplies and rising stocks point to continued price pressure unless demand accelerates.
Seasonal price patterns can inform soybean marketing timing, particularly when harvest prices appear unusually strong or weak.
Agriculture Shows
Special 3-part series tells the story of the Claas family’s legacy, which changed agriculture forever.
From soil to harvest. Top Crop is an all-new series about four of the best farmers in the world—Dan Luepkes, of Oregan, Illinois; Cory Atley, of Cedarville, Ohio; Shelby Fite, of Jackson Center, Ohio; Russell Hedrick, of Hickory, North Carolina—reveals what it takes for them to make a profitable crop. It all starts with good soil, patience, and a strong planter setup.
Champions of Rural America is a half-hour dive into the legislative priorities for Rural America. Join us as we interview members of the Congressional Western Caucus to learn about efforts in Washington to preserve agriculture and tackles the most important topics in the ag industry on Champions of Rural America!
Featuring members of Congress, federal and state officials, ag and food leaders, farmers, and roundtable panelists for debates and discussions.