USDA sees India 2017-18 wheat use down 2 MMT on month.

India’s wheat consumption in 2017-18 is seen down 2.0 mln tn from a month ago at 98.0 MMT. The total consumption is still higher than the record 97.1 mln tn in 2016-17. Wheat usage in India is seen declining due to anticipation of a rise in prices. Wheat prices in India are likely to rise this year due to lower output and higher import duty.