Local 12% WinterLocal 14% Spring
-4
4.26 – 4.75
-3
5.03 – 5.51

Fed Steers LiveDressed Basis
Steady
$230 – 233
Steady
$360 – 365

Hard Red Winter Wheat Cash Price

Ordinary Protein11%12%
-4
Tue PM
-4
Tue PM
-4
Tue PM
South Central MT4.13 – 4.474.33 – 4.674.48 – 4.82
Golden Triangle4.33 – 4.434.53 – 4.634.68 – 4.78
Northeast MT3.53 – 4.093.83 – 4.284.08 – 4.48
FOB Portland-4
5.53 – 5.63
Tue PM
-4
5.83
Tue PM
-4
5.98
Tue PM

Dark Northern Spring Wheat Cash Prices

13% Protein14%15%
-3
Tue PM
-3
Tue PM
-3
Tue PM
South Central
MT
4.65 – 5.054.97- 5.455.05 – 5.77
Golden Triangle5.07 – 5.205.47 – 5.525.62 – 5.84
Northeast MT4.45 – 4.874.75 – 5.275.01 – 5.67
FOB Portland-3
6.14 – 6.26
Tue PM
-3
6.42 – 6.47
Tue PM
-3
6.50 – 6.59
Tue PM

Choice Fed Steers+1228 – 232
As of 01/19/2026Average: 230.92Top: 232
Dressed Basis+4365
As of 01/19/2026Average: 365Top: 365
Choice Boxed Beef Cutout+1.95364.33
43 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
Tue PM
Steady
Tue PM
Steady
Tue PM
South Central MT
Golden Triangle5.252.60
Northeast MT5.37 – 5.75
FOB Portland5.90

Wyoming / Nebraska / Colorado Cash Prices

Hard Red Winter WheatYellow CornSorghum
-4
Tue PM
-1
Tue PM
-1
Tue PM
S.E. WYO – S.W. NE4.03 – 4.233.82 – 4.04
North Central COLO4.63 – 5.034.29 – 4.443.69
Northwest NE4.03 – 4.253.51 – 4.892.64 – 2.94

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