Local 12% WinterLocal 14% Spring
-5
4.20 – 4.69
-4.50
5.03 – 5.50

Fed Steers LiveDressed Basis
+1
$230 – 233
+5
$360 – 370

Hard Red Winter Wheat Cash Price

Ordinary Protein11%12%
-5
Thu PM
-5
Thu PM
-5
Thu PM
South Central MT4.07 – 4.414.27 – 4.614.42 – 4.76
Golden Triangle4.27 – 4.374.47 – 4.574.62 – 4.72
Northeast MT3.47 – 4.023.77 – 4.224.02 – 4.42
FOB Portland-5
5.47 – 5.57
Thu PM
-5
5.75
Thu PM
-5
5.92
Thu PM

Dark Northern Spring Wheat Cash Prices

13% Protein14%15%
-4
Thu PM
-4
Thu PM
-4
Thu PM
South Central
MT
4.65 – 5.054.97 – 5.455.05 – 5.75
Golden Triangle5.07 – 5.205.47 – 5.525.62 – 5.84
Northeast MT4.45 – 4.874.75 – 5.275.01 – 5.65
FOB Portland-4
6.14 – 6.26
Thu PM
-4
6.42 – 6.47
Thu PM
-4
6.50 – 6.59
Thu PM

Choice Fed Steers+1228 – 232
As of 01/15/2026Average: 230.92Top: 232
Dressed Basis+4365
As of 01/15/2026Average: 365Top: 365
Choice Boxed Beef Cutout+2.24360.77
116 Loads

Cash Hogs – Daily Weighted Average
Western CornbeltSteady69.43
Iowa Lean AverageSteady71.68

Wheat / Durum / Barley Cash Prices

Soft White WheatHard Amber DurumFeed Barley
Steady
Thu PM
Steady
Thu PM
Steady
Thu PM
South Central MT
Golden Triangle5.252.60
Northeast MT5.37 – 5.75
FOB Portland5.90 – 6.25

Wyoming / Nebraska / Colorado Cash Prices

Hard Red Winter WheatYellow CornSorghum
+3
Wed PM
+2
Wed PM
+2
Wed PM
S.E. WYO – S.W. NE4.02 – 4.223.80 – 4.02
North Central COLO4.62 – 5.024.27 – 4.423.62 – 4.82
Northwest NE4.02 – 4.223.49 – 4.872.62 – 2.92

Pulse Market Prices

Pulse Market Prices – 1/5
North Dakota/Montana
Green PeasSteady7.75 – 9.50 (per bushel
Yellow Peas Steady5.25 – 6.25 (per bushel)
Lentils +2.50 – 5.0017.00 – 21.50
ChickpeasSteady19.75 – 22.75
Pinto Beans-122.00
Black BeansSteady21.00 – 22.00
Dark Red Kidney BeansSteady48.00
Light Red Kidney BeansSteady47.00

Montana Hay Report

Billings, MT Dec 12, 2025 USDA Market News Weekly Montana Hay Report
AlfalfaGoodLarge Rounds: 160.00
AlfalfaFairLarge Squares: 115.00

Large Rounds: 140.00
Alfalfa/Grass MixGoodLarge Squares: 150.00

Large Rounds: 160.00
Alfalfa/Grass MixFairLarge Squares: 130.00
Forage Mix-Three WayLarge Rounds: 100.00

Wyoming Hay Report

Torrington, WY Dec. 11, 2025 USDA – WY Dept of Ag Market News Wyoming Hay Report
Eastern and Central Wyoming
Alfalfa Pellets260.00
Alfalfa Cubes375.00
AlfalfaPremium/SupremeLarge Squares: 180.00
AlfalfaPremiumLarge Squares: 175.00
AlfalfaGoodLarge Rounds: 140.00

Large Squares: 140.00
AlfalfaFairLarge Squares: 125.00
Western Wyoming
Alfalfa Cubes380.00
AlfalfaGood/PremiumSmall Square 3 Tie: 240.00 – 260.00
AlfalfaGoodLarge Squares: 165.00
AlfalfaFair/GoodSmall Squares: 210.00
AlfalfaFairLarge Squares: 125.00
Alfalfa/Grass MixGoodLarge Squares: 140.00
Alfalfa/Orchard MixPremiumLarge Square: 260.00