AHDB predicts slight increase in UK milk production
United Kingdom
Published Sep 27, 2022
Tridge summary
AHDB has reported that production is set to reach levels that are just below last season’s but current imports are finally showing recovery.
Original content
The Agriculture and Horticulture Development Board (AHDB) expects milk production to tick up modestly compared to its June forecast. The body now estimates that additional 30 million liters of milk will be produced, bringing the UK milk production for the current season to 12.26bn liters, or 0.8% less than the previous season. The slight forecast change is due to ‘marginally higher’ herd numbers, specifically youngstock. AHDB senior analyst Katherine Jack has warned that the effects of rising energy prices, fuel and fertilizer are yet to be felt across the industry, and may become more evident as more fixed-price contracts expire. “While high milk prices have been helping cover these costs, price increases are starting to slow down,” Jack stated. “Additionally, global dairy markets are facing some downwards pressure as demand responds to high prices. Sustained reductions in demand could make it harder for processors to maintain high prices over the coming months.” Meanwhile, the ...
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