The wheat complex is gaining, with Chicago SRW futures up 7 to 8 cents, KC HRW futures up 6 to 7 cents, and MPLS spring wheat steady to 2 cents higher. Export sales data shows a 22% increase from last year, totaling 19.855 MMT. CFTC data reveals an increase in net short positions.

CBOT Wheat prices for March 26 are at $5.24 1/2, up 7 1/2 cents, while May 26 CBOT Wheat is at $5.35, up 7 3/4 cents. March 26 KCBT Wheat is at $5.35, up 7 cents, and May 26 KCBT Wheat is at $5.46 3/4, up 6 3/4 cents. March 26 MGEX Wheat is at $5.82 1/4, up 2 cents, and May 26 MGEX Wheat is at $5.92 1/4, up 2 cents.

Read more at Yahoo Finance: Wheat Rallying into Christmas Break