WHEAT - KANSAS CITY BOARD OF TRADE                                                                            
Commitments of Traders - Futures Only, July 19, 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  :    83,964:    21,208      6,664      1,277     45,053     56,984     67,538     64,925:    16,426     19,039
Old  :    83,069:    21,025      6,739      1,178     44,506     56,442     66,709     64,359:    16,360     18,710
Other:       895:       282         24          0        547        542        829        566:        66        329
     :          :                                                                            :
     :          :          Changes in Commitments from: July 12, 2005                        :
     :     3,510:     1,551       -368       -771      2,543      5,464      3,323      4,325:       187       -815
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      25.3        7.9        1.5       53.7       67.9       80.4       77.3:      19.6       22.7
Old  :     100.0:      25.3        8.1        1.4       53.6       67.9       80.3       77.5:      19.7       22.5
Other:     100.0:      31.5        2.7        0.0       61.1       60.6       92.6       63.2:       7.4       36.8
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       130:        39         15         10         44         56         89         75:
Old  :       130:        40         14         10         44         56         89         75:
Other:        36:         3          4          0          4         26          7         30:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 30.1       32.4       39.2       42.9       24.4       29.7       32.6       36.9
Old  :                 30.1       32.7       39.2       43.1       24.3       30.0       32.5       37.1
Other:                 77.3       32.8       92.6       48.7       77.3       29.8       89.6       45.7
 
 

Updated July 22, 2005