The construction of Holter Dam in the early 20th century has had a significant impact on the Mighty Missouri. Standing proud across the river, Holter Dam has not only played a pivotal role in hydroelectric power but has also become a cornerstone of Montana fly fishing.
Holter Dam’s Impact on the Missouri River
Controlling outflows has transformed the Missouri River creating a “tailwater effect.” The regulated release of water from Holter Lake is measured in cubic feet per second (CFS). This ensures a consistent and controlled flow of cold water. As a result, this steady outflow creates an environment ideal for several species of fish, particularly rainbow and brown trout.The Missouri River below Holter Dam has become renowned for its world-class trout fishery boasting impressive numbers of wild trout. The stable water temperatures and abundant food sources help wild Brown and Rainbow trout to thrive.
Inset Hatches below Holter Dam
The controlled water release from Holter Dam influences the river’s temperature, triggering seasonal insect hatches. These hatches, in turn, attract pods of hungry trout, creating exceptional dry fly fishing opportunities. Anglers from around the world flock to the Missouri River to experience these prolific insect hatches. Pale Morning Dun, Tricos and Blue Winged Olives make up the primary food sources for trout in the Missouri river.
Fly Fishing Culture and Community

Holter Dam has not only shaped the river banks, but it has also played a vital role in fly fishing. Small towns like Wolf Creek and Craig have become iconic ‘trout towns,’ where fly shops hum with early morning energy, guides rig rods in gravel parking lots, and drift boats line the streets like pickup trucks at a small-town rodeo. Locals swap stories at Izaak’s or Craig Taphouse after long days on the water, and visitors quickly find themselves part of the rhythm that defines life along this river. It’s a place where anglers trade fishing reports like social updates, form new friendships at the boat ramp, and let the river bring everyone together.

Conservation Efforts for the Missouri River
As the popularity of fly fishing has grown, so too has the awareness of the need for conservation. Various initiatives have been undertaken to ensure the sustainability of this fishery, balancing the interests of, guides, and anglers. Moreover Holter Dam’s significance in trout fishing is a testament to the relationship between engineering and the natural environment. The dam’s role in shaping the Missouri has transformed it and has contributing greatly to Montana’s fly fishing heritage. As the currents flow beneath Holter Dam, so too does the legacy of a river. One that has become synonymous with the art and thrill of fly fishing.


Orvis Helios 4
is there an abundance of wading waters in the area?
Thank you.
Hey Joe. We have lots of great wading opportunities in our area. Feel free to give us a call. We are happy to help.