Rural commodities apart from sugar retreated on Wednesday despite broadly softer greenback and hopes for monetary stimulus in the US. Meanwhile, market players continued to monitor weather conditions in India, Brazil, Russia and the US.
Wheat halted its rally amid potential increase in Indian exports as surging global prices spurred demand for cheaper shipments from Asia.
Corn futures declined on speculation that US drought may have caused less crop damage than initially expected.
Sugar was the only gainer despite improving weather conditions in Brazil and India. Weaker US Dollar lent some support for the sweetener.
Coffee came under heavy selling pressure amid easing supply worries from Brazil and India.