CBOT wheat ends down on profit-taking
* KCBT HRW wheat closed lower on profit-taking and MGEX spring wheat ended higher on tight stocks of high protein spring wheat. * Some underpinning to wheat stemmed from a weak dollar and on spillover support from gains in corn. * The Iraqi Grain Board has issued an international tender to purchase 50,000 tonnes of wheat from any origin excluding Romania, European traders said on Monday. * Australia's wheat output is likely to slide more than 15 percent in 2012/13 from a record-large crop this year as lower global prices may prompt farmers to shift to other crops such as canola and barley. * Large speculators cut their net short position in wheat from a record high during the week ended last Tuesday - CFTC. * Light deliveries on the March contract with a Newedge customer issuing 3 lots. * Key support for March at its 50-day moving average of $6.40-1/2 and resistance at the 200-day ma of $7.06. The nine-day RSI was at 63.