Local 12% WinterLocal 14% Spring
+7
4.75 – 5.19
+5
5.32 – 5.60

Fed Steers LiveDressed Basis
+1 to 2
$247 – 249
+7
$387 – 388

Hard Red Winter Wheat Cash Price

Ordinary Protein11%12%
+7
Fri PM
+7
Fri PM
+7
Fri PM
South Central MT4.62 – 4.964.82 – 5.164.97 – 5.31
Golden Triangle4.77 – 4.894.97 – 5.095.12 – 5.24
Northeast MT4.02 – 4.574.32 – 4.774.57 – 4.97
FOB Portland+7
6.05 – 6.12
Fri PM
+7
6.32 – 6.35
Fri PM
+7
6.47 – 6.50
Fri PM

Dark Northern Spring Wheat Cash Prices

13% Protein14%15%
+5
Fri PM
+5
Fri PM
+5
Fri PM
South Central
MT
4.90 – 5.305.22 – 5.705.30 – 6.02
Golden Triangle5.18 – 5.305.58 – 5.625.82 – 5.94
Northeast MT4.75 – 5.155.07 – 5.475.31 – 5.87
FOB Portland+5
6.44 – 6.64
Fri PM
+5
6.67 – 6.80
Fri PM
+5
6.84 – 6.92
Fri PM

Choice Fed Steers+1247 – 248
As of 02/20/2026Average: 247Top: 248
Dressed Basis+4387 – 388
As of 02/20/2026Average: 388Top: 388
Choice Boxed Beef Cutout+1.53366.70
75 Loads

Cash Hogs – Daily Weighted Average
Western Cornbelt+1.5186.57
Iowa Lean Average+1.4886.54

Wheat / Durum / Barley Cash Prices

Soft White WheatHard Amber DurumFeed Barley
Steady
Fri PM
Steady
Fri PM
Steady
Fri PM
South Central MT
Golden Triangle5.252.60
Northeast MT5.37 – 5.75
FOB Portland 6.00 – 6.35

Wyoming / Nebraska / Colorado Cash Prices

Hard Red Winter WheatYellow CornSorghum
+7
Fri PM
+2 to +3
Fri PM
+2
Fri PM
S.E. WYO – S.W. NE4.62 – 4.723.94 – 4.22
North Central COLO5.12 – 5.224.47 – 4.523.27
Northwest NE4.62 – 4.803.54 – 3.942.67 – 3.07

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