WHEAT - KANSAS CITY BOARD OF TRADE                                                                            
Commitments of Traders - Futures Only, April 12, 2005                  
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 5,000 BUSHELS)                                               :
     :          :                                                                            :
All  :    70,394:     9,794     13,647      2,993     44,716     33,154     57,503     49,794:    12,891     20,600
Old  :    23,161:     2,475      7,931          0     17,062      8,506     19,537     16,437:     3,624      6,724
Other:    47,233:     8,076      6,473      2,236     27,654     24,648     37,966     33,357:     9,267     13,876
     :          :                                                                            :
     :          :          Changes in Commitments from: April 5, 2005                        :
     :       729:    -2,146      3,097       -458      4,121       -709      1,517      1,930:      -788     -1,201
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      13.9       19.4        4.3       63.5       47.1       81.7       70.7:      18.3       29.3
Old  :     100.0:      10.7       34.2        0.0       73.7       36.7       84.4       71.0:      15.6       29.0
Other:     100.0:      17.1       13.7        4.7       58.5       52.2       80.4       70.6:      19.6       29.4
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       101:        13         27         15         40         43         67         72:
Old  :        70:         6         17          0         22         27         28         44:
Other:        89:        17         19         11         35         35         60         57:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 34.1       26.4       44.9       35.7       24.8       16.2       33.0       22.8
Old  :                 55.2       28.3       66.6       40.2       55.2       28.3       66.6       39.1
Other:                 29.9       33.3       40.6       43.0       27.9       31.2       38.6       39.7
 
 

Updated April 15, 2005