# December dairy market review | AHDB

> AHDB reports GB milk production for 2022 fell 0.5% to 12.4bn litres, with December output roughly in line with the five-year average. Global 2022 milk output to October was 0.7% lower year on year. UK and European wholesale dairy prices fell as supply rose and demand was subdued.

- Date: 2023-01-11 · published 2023-01-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/37783-december-dairy-market-review-ahdb
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower global output and softer European wholesale prices together point to weaker dairy product prices, which affects demand for dairy-linked feed ingredients.

## Read by commodity

- MILK: bearish ▼

## Sources

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

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