WHEAT – Down 1 to 2 cents per bushel.
* Profit-taking setback after rally on Monday. Wheat gained
on Monday, led up by concerns about a cut in Canadian wheat
output due to excessive wet weather
CORN – Down 1 to 2 cents per bushel.
* Profit-taking after Monday’s gains weigh on corn futures,
in addition to satisfactory U.S. crop weather and strong
condition rating for the U.S. crop.
SOYBEANS – Up 1 to 2 cents per bushel.
* A decline in condition ratings for the U.S. soybean crop
ifting soybean futures. Also support from excessive wet
eather in Canada that is posing a threat to trim the canola
rop.