# May dairy market review | AHDB

> GB milk deliveries grew 0.5% year on year in May to 1,141 million litres, with growth slowing. Milk price declines and high input costs are braking production, and a potential drought could reduce output further. AHDB forecasts marginal 2023/24 milk delivery growth of 0.5%, with 7,500 GB dairy producers as of April, down 4.5%.

- Date: 2023-06-14 · published 2023-06-14T12:00:00.000Z
- Category: report · region UK · magnitude low
- Page: https://feedsoft.ai/events/35493-may-dairy-market-review-ahdb
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Slowing UK milk growth and farm exits, combined with drought risk, could tighten supply and modestly affect feed demand in the UK.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2024-05-01 | [Dairy Market Update April 2024 \| MCT Dairies, Inc.](https://feedsoft.ai/events/4267-dairy-market-update-april-2024-mct-dairies-inc.md) | +18.1% | +19.5% |
| MILK | 2023-07-03 | [The Dairy Industry: Review of 2022 and a Look Ahead](https://feedsoft.ai/events/35067-the-dairy-industry-review-of-2022-and-a-look-ahead.md) | -1.8% | -2.6% |
| MILK | 2021-03-02 | [February 2021 Dairy Market Report - EDairy News English](https://feedsoft.ai/events/48120-february-2021-dairy-market-report-edairy-news-english.md) | +4.5% | +3.5% |
| MILK | 2023-05-05 | [MRV Market Commentary May 4, 2023 - MRV](https://feedsoft.ai/events/4113-mrv-market-commentary-may-4-2023-mrv.md) | -2.4% | -8.3% |
| MILK | 2025-02-26 | [Dairy Week In Review \| Center for Dairy Excellence \| Page 9](https://feedsoft.ai/events/26051-dairy-week-in-review-center-for-dairy-excellence-page-9.md) | +0.1% | -8.3% |

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/may-dairy-market-review

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.