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:
Texas Agriculture Commissioner Sid Miller discusses the state’s latest efforts to prevent the New World screwworm from reaching Texas.
February 02, 2026 12:22 PM
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Economists are also closely watching how policy decisions in Washington could influence markets moving forward. Analysts say deferred futures for corn, soybeans, and wheat suggest markets are operating near break-even levels, not at prices that would encourage expanded production.
February 02, 2026 12:13 PM
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Winter Weather And Markets Reshape Agriculture Nationwide This Week
February 02, 2026 12:04 PM
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Shrinking sheep numbers contrast with gradual goat expansion, signaling tighter lamb supplies but steadier growth potential for meat goats.
February 02, 2026 10:29 AM
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Falling livestock prices, combined with higher input costs, continue to squeeze farm profitability heading into 2026.
February 02, 2026 10:22 AM
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Smaller cow numbers and a declining calf crop point to prolonged tight cattle supplies, limiting near-term herd rebuilding potential.
January 30, 2026 03:42 PM
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Quinn Rutt of Upstream Ranch previews the Nebraska cattle operation’s 49th Annual Production Sale where buyers can expect standout sire groups and a blend of long-standing ranch practices with modern genetic selection.
January 30, 2026 03:23 PM
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Strong rail demand and higher fuel costs raise transportation risk even as barge and export flows stabilize.
January 30, 2026 02:21 PM
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CattleCon 2026 officially kicks off Tuesday and continues through Thursday, bringing producers together to shape the future of the U.S. cattle industry.
January 30, 2026 01:30 PM
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