I think I would state that you're concerned to see your daughter has just 2's, and ask the teacher how grades are determined (it is, after all, different than it used to be) and specifically what your daughter would need to do differently to bring up her grades.
Since she's in the gifted program, she may be measured against higher standards than previously (in our program 3rd graders are graded to 4th grade standards, for example). And if this is her 1st year in gifted, that may be a big stretch from last year.
But, it also could be that since she's not "focusing" perhaps she is not completing all the work that grades are based on. I know the case with my daughter, who was upset with her grade for math: her teacher told her that she (the teacher) knew that DD knew the work very well, but that she if she wasn't demonstrating her knowledge by completing and turning in her work, the teacher couldn't legitimately give her a better grade regardless.
