核心要点
全国补栏后备母牛指数较6月末峰值下跌20%。
体重280‑330千克的后备母牛周度跌幅最大，而大体重批次价格相对抗跌。
受供给偏少支撑，新南威尔士州后备母牛价格仍高于昆士兰州。
近几周整体肉牛市场持续走弱，5月气候条件好转带来的大幅涨幅出现部分回调。
5‑6月，气候改善提振养殖户信心，补栏买家之间竞争加剧。全国一岁后备母牛补栏指数从5月1日的321.5澳分/千克活重，上涨至6月23日483.2澳分/千克的高点。
此后，昆士兰州部分产区降雨减少，饲草与水源供给趋紧，市场再度发生变化。北部牲畜拍卖市场上市量增加，采购方对于需要额外饲养周期和饲草投入的牛只选购愈发谨慎。
后备母牛指数跌至386.67澳分/千克活重，当周下跌37.4澳分，较6月高点回落96.5澳分（跌幅20%）。本次下跌属于整体行情回调的一部分，补栏阉牛和育肥牛当周价格同样走低。母牛、大体重阉牛等屠宰批次价格走势则相对坚挺。
小体重后备母牛承受最大价格下行压力
330千克以下后备母牛价格回调幅度最大。
200‑280千克体重后备母牛均价382.6澳分/千克活重，较6月高点下跌102澳分。
280‑330千克组别下跌90澳分，报400澳分/千克活重；
体重更大的330‑400千克后备母牛下跌74澳分，报414澳分/千克活重。
由于小体重后备母牛需要更长的饲养周期，加之饲草供应趋于紧张，买家对接近投产体重的牛只给出更高溢价。
昆士兰州主导市场供给
最新拍卖市场详细数据显示，昆士兰州供给的合格后备母牛约占全市场90%，均价386澳分/千克活重，而新南威尔士州均价为451澳分/千克活重。
罗马市场成交量占该指数统计总量的三分之一以上，均价396澳分/千克活重，当周下跌41.6澳分，较6月末高点下跌114澳分。
达尔比市场均价同样为396澳分/千克活重，但拍卖报告显示，小体重补栏后备母牛价格下跌40澳分。优质批次均价约400澳分/千克活重；因跨州补栏买家离场，次级牛只成交价格接近320澳分/千克活重。
格雷斯米尔市场，良种小体重后备母牛成交均价303‑345澳分，品质较差批次仅242‑283澳分，体现不符合优选标准的牛只折价幅度进一步扩大。
新南威尔士州价格依旧更高，但行情同样走弱。瓦加、卡科尔、达博市场跌幅显著；新州合格牛只上市量偏少，因此全州均价更容易受单个拍卖市场及牛只品质波动影响。
育肥后备母牛表现优于补栏后备母牛
全国育肥后备母牛指数跌至458.03澳分/千克活重，较7月3日高点下跌44澳分，跌幅9%，该跌幅不足补栏后备母牛跌幅的一半。
育肥后备母牛相对补栏后备母牛的溢价现已扩大至71澳分/千克活重，而6月末两者价格几乎持平。
市场需求愈发集中于330‑400千克的后备母牛，该体重段占育肥牛采购总量近半数，高于7月初高点时期的39%。400千克以上后备母牛的价格跌幅同样最小。
信息来源：埃米利亚诺·迪亚兹，澳大利亚肉类与畜牧业协会（MLA）高级市场信息分析师。
信息截至2026年8月6日成文时准确有效。
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消息来源：MLA
Heifer prices retreat as buyers sharpen specifications
Key points
The National Restocker Heifer Indicator fell 20% from its late-June peak.
Heifers weighing 280–330kg recorded the largest weekly fall, while heavier lines held comparatively firmer.
NSW heifer prices remained above Queensland, supported by a smaller offering.
The broader cattle market has been easing over recent weeks, unwinding part of the strong lift that followed the break in seasonal conditions during May.
Improved conditions supported producer confidence and restocker competition through May and June. The National Restocker Yearling Heifer Indicator rose from 321.5¢/kg liveweight (lwt) on 1 May to a peak of 483.2¢ on 23 June.
Since then, lower rainfall and tightening feed and water supplies across some Queensland production regions have shifted the market again. Increased yardings have been reported in northern saleyards, while buyers have become more selective about cattle requiring additional time and feed.
The Heifer Indicator fell to 386.67¢/kg lwt, down 37.4¢ over the week and 96.5¢ (or 20%) from its June peak. The decline is part of a broader correction, with restocker steers and feeder cattle also lower over the week. Processing lines such as cows and heavy steers are holding comparatively firmer.
Lighter heifers face the greatest pressure
The strongest adjustment occurred among heifers below 330kg.
Heifers weighing 200–280kg averaged 382.6¢/kg lwt, down 102¢ for the peak in June.
The 280–330kg category fell 90¢ to 400¢/kg lwt, while
Heavier 330–400kg heifers declined 74¢ to 414¢/kg lwt.
With lighter heifer lines requiring a longer carrying period and with feed becoming more limited, buyers are placing a greater premium on cattle closer to productive weights.
Queensland carries the market weight
Queensland supplied around 90% of eligible heifers in the latest detailed saleyard data and averaged 386¢/kg lwt, compared with 451¢ in NSW.
Roma accounted for more than one third of the indicator’s throughput, averaging 396¢/kg lwt, down 41.6¢ for the week and 114¢ from its late-June peak.
Dalby also averaged 396¢/kg lwt, but the saleyard report showed lightweight restocker heifers losing 40¢. Better lines averaged around 400¢/kg lwt, while secondary cattle sold closer to 320¢/kg lwt as some interstate restockers were absent.
At Gracemere, well-bred lightweight heifers averaged 303–345¢, compared with 242–283¢ for lesser-quality lines, highlighting the widening discount for cattle outside preferred specifications.
NSW prices remained higher, but the market also weakened. Wagga, Carcoar and Dubbo recorded sharp falls, although NSW’s smaller eligible offering means its state average is more sensitive to changes in individual saleyards and cattle quality.
Feeder heifers hold better than restockers
The National Feeder Heifer Indicator fell to 458.03¢/kg lwt, down 44¢, or 9%, from its 3 July peak. This was less than half the percentage decline recorded by restocker heifers.
The feeder premium over restocker heifers has now widened to 71¢/kg lwt, compared with near parity in late June.
Interest increasingly concentrated in 330–400kg heifers, which accounted for almost half of feeder purchases, up from 39% around the early-July peak. Heifers above 400kg also recorded the smallest price decline.
Attribute content to: Emiliano Diaz, MLA Senior Market Information Analyst.
Information is correct at time of writing on 6 August 2026.
MLA makes no representations as to the accuracy, completeness or currency of any information contained in this publication. Your use of, or reliance on, any content is entirely at your own risk and MLA accepts no liability for any losses or damages incurred by you as a result of that use or reliance. No part of this publication may be reproduced without the prior written consent of MLA. All use of MLA publications, reports and information is subject to MLA’s Market Report and Information Terms of Use.
Source：MLA
