South African maize futures ended generally lower on Tuesday amid some profit taking following the rally in the previous session.
The May 2012 white maize contract dipped R6 to R2,319 per ton, July 2012 white maize gained R5 to R2,253 per ton, and September 2012 white maize lost R6 to R2,272 per ton, according to preliminary I-Net Bridge data.
The May 2012 yellow maize contract was up R8 to R2,190 per ton, while the July 2012 yellow maize contract slipped R2 to R2,173 per ton and the September 2012 yellow maize contract shed R7.20 to R2,184.80 per ton.
The May wheat contract was up R8 to R2,730 per ton, July wheat rose R7 to R2,785 per ton, while the September 2012 wheat contract was down R7 to R2,790 per ton.
Monday's rally was triggered by the release of the two closely watched reports from the US Department of Agriculture.
One report - released last Friday - detailed how much grain was in domestic storage as of March 1, and the other projected how many acres farmers would plant this spring [in the US] of major crops such as corn, soybeans and wheat, Dow Jones Newswires reported.
US soybean futures closed higher on Monday, hitting a seven-month high on concerns that US farmers this year may not plant a large enough soy crop to meet strong domestic and export demand. - I-Net Bridge