The Yellowstone River is fishing well. Early mornings have been the best time to be on the water, especially with warm afternoons and hoot owl restrictions in place below Livingston.
A dry-dropper is hard to beat right now. Fish a tan or purple chubby chernobyl with an olive, black, or silver perdigon underneath. If fish aren't eating on top, add weight before changing flies and work the deeper runs.
There are plenty of fish looking up. Hoppers, ants, caddis, and a few tricos are all bringing fish to the surface, but the dropper is still doing most of the work once the sun gets higher.
The Yellowstone is back to being one of the better freestone options in the area. Get an early start, watch the afternoon heat, and plan around the current hoot owl restrictions.
Additional Resources:
- Bozeman Fly Fishing Report | August 2026 Montana Conditions
View stream flow graph on USGS
Circus Peanut Water Walker
Tungsten Jigged Prince
Tan/Yellow Mini Masked Avenger
Butano Lite Brite Perdigon
Olive Double Gonga
Prince Nymph
Coffee/Black Restless Stone
Rainbow Warrior Jig
Read our "Yellowstone River Fishing Guide" for a detailed overview of fly fishing the Yellowstone River in Montana. This is a great resource for anglers fishing near Bozeman Montana and details the various river stretches and seasonal hatches with tips from our Bozeman fly fishing guides on Yellowstone River fly fishing.
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