Local 12% WinterLocal 14% Spring
+12
4.53 – 5.00
+6
5.19 – 5.48

Fed Steers LiveDressed Basis
+4
$245 – 248
+4
$380 – 382

Hard Red Winter Wheat Cash Price

Ordinary Protein11%12%
+12
Wed PM
+12
Wed PM
+12
Wed PM
South Central MT4.41 – 4.754.61 – 4.994.76 – 5.10
Golden Triangle4.61 – 4.684.81 – 4.884.96 – 5.03
Northeast MT3.81 – 4.364.11 – 4.564.36 – 4.76
FOB Portland+12
5.82 – 5.91
Wed PM
+12
6.11 – 6.12
Wed PM
+12
6.26 – 6.27
Wed PM

Dark Northern Spring Wheat Cash Prices

13% Protein14%15%
+6
Wed PM
+6
Wed PM
+6
Wed PM
South Central
MT
4.77 – 5.175.09 – 5.575.18 – 5.89
Golden Triangle5.07 – 5.185.47 – 5.495.69 – 5.81
Northeast MT4.62 – 5.024.94 – 5.345.18 – 5.74
FOB Portland+6
6.31 – 6.49
Wed PM
+6
6.54 – 6.65
Wed PM
+6
6.71 – 6.77
Wed PM

Choice Fed Steers+4245 – 248
As of 02/18/2026Average: 246Top: 248
Dressed Basis+4380 – 382
As of 02/18/2026Average: 381Top: 382
Choice Boxed Beef Cutout-0.96363.80
79 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
Wed PM
Steady
Wed PM
Steady
Wed 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
-4
Tue PM
-4 to 5
Tue PM
-5
Tue PM
S.E. WYO – S.W. NE4.29 – 4.393.93 – 4.18
North Central COLO4.79 – 5.194.41 – 4.513.26
Northwest NE4.29 – 4.473.53 – 3.932.66 – 3.06

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