Local 12% WinterLocal 14% Spring
Steady
4.28 – 4.85
-4
5.01 – 5.57

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

Hard Red Winter Wheat Cash Price

Ordinary Protein11%12%
-1
Thu PM
-1
Thu PM
-1
Thu PM
South Central MT4.25 – 4.544.45 – 4.744.60 – 4.89
Golden Triangle4.40 – 4.504.60 – 4.704.75 – 4.85
Northeast MT3.60 – 4.153.90 – 4.354.15 – 4.55
FOB Portland-1
5.60 – 5.70
Thu PM
-1
5.90
Thu PM
-1
6.05
Thu PM

Dark Northern Spring Wheat Cash Prices

13% Protein14%15%
+1
Thu PM
+1
Thu PM
+1
Thu PM
South Central
MT
4.74 – 5.145.06 – 5.425.14 – 5.86
Golden Triangle5.16 – 5.295.56 – 5.615.71 – 5.93
Northeast MT4.54 – 4.944.86 – 5.315.10 – 5.71
FOB Portland+1
6.23 – 6.35
Thu PM
+1
6.51
Thu PM
+1
6.59 – 6.63
Thu PM

Choice Fed Steers+1228 – 232
As of 01/08/2026Average: 230.92Top: 232
Dressed Basis+4365
As of 01/08/2026Average: 365Top: 365
Choice Boxed Beef Cutout+2.51356.79
106 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 Triangle5.252.75
Northeast MT5.37 – 5.75
FOB Portland5.90 – 5.95

Wyoming / Nebraska / Colorado Cash Prices

Hard Red Winter WheatYellow CornSorghum
-1
Thu PM
-1
Thu PM
-1
Thu PM
S.E. WYO – S.W. NE4.10 – 4.304.04 – 4.14
North Central COLO4.70 – 5.104.51 – 4.613.81
Northwest NE4.10 – 4.303.69 – 4.112.86 – 3.16

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