In May 2024, GB milk deliveries totaled 1,127 million liters, marking a 1.2% year-on-year decline, with the lowest milk volume since 2016. This decrease is due to reduced yields rather than herd size, as cow numbers remain steady. Organic milk production has also contracted, leading to some media speculation of shortages. The UK's milk production forecast for 2024/25 has been downgraded to -1% year-on-year due to exceptional weather conditions. Additionally, the UK has seen a continued shift away from processing milk into liquid form, with a growth in cheese production. Despite this, total export volumes of UK dairy products declined marginally in Q1 2024. However, cheese, whey, and yogurt saw significant year-on-year growth. Finally, milk market values increased slightly in April, and farmgate prices for May were positive, with processors becoming increasingly concerned about milk supplies.