Wheat consumption is estimated at 14.1 million tonnes in the 2011 marketing year that began July 1, a 2.6% drop from estimates in January. Usage in human and industrial products dropped 3.7%, and 1.5% in animal feed.
Wheat supply is expected to remain at 17.8 million tonnes.
A drop in ethanol production has lowered usage levels, and survey data from flour millers and brewers also was showing lower usage levels than expected, Derfa said.