# Quarterly dairy market update - Q3 2022 | AHDB

> AHDB reports that GB milk production recovered in Q3 2022 as higher milk prices eased farm margins. It revised the 2022/23 production forecast up to 12.26bn litres, with October output 4% above forecast. Recent weakness in dairy product markets may limit buyers' ability to hold prices at high levels.

- Date: 2022-11-24 · published 2022-11-24T12:00:00.000Z
- Category: report · region UK · magnitude low
- Page: https://feedsoft.ai/events/38700-quarterly-dairy-market-update-q3-2022-ahdb
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stronger milk output combined with softer dairy product prices points to lower milk prices ahead, which weakens dairy farmers' capacity to absorb high feed costs.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2023-04-20 | [March dairy market review \| AHDB](https://feedsoft.ai/events/36410-march-dairy-market-review-ahdb.md) | -0.1% | -13.1% |
| MILK | 2017-08-02 | [Dairy Market Outlook Q3 2017](https://feedsoft.ai/events/5480-dairy-market-outlook-q3-2017.md) | +4.8% | +6.7% |
| MILK | 2025-04-03 | [Q1 Rabobank update - Healthy margins promote global dairy production growth  \| AHDB](https://feedsoft.ai/events/25125-q1-rabobank-update-healthy-margins-promote-global-dairy-production-growth-ahdb.md) | +0.7% | +7.4% |
| MILK | 2024-12-17 | [Market Outlook: December 2024 - Dairy Producer](https://feedsoft.ai/events/26965-market-outlook-december-2024-dairy-producer.md) | -0.5% | +8.2% |
| MILK | 2024-11-18 | [Market Outlook November 2024 - Dairy Producer](https://feedsoft.ai/events/27402-market-outlook-november-2024-dairy-producer.md) | -0.3% | -5.9% |

## Sources

- mainsitelive.azurewebsites.net: https://mainsitelive.azurewebsites.net/news/quarterly-dairy-market-update-q3-2022

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