WHEAT - KANSAS CITY BOARD OF TRADE
FUTURES ONLY POSITIONS AS OF 02/15/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       80,541
COMMITMENTS
  10,394   27,005    5,374   46,399   28,974   62,167   61,353   18,374   19,188

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:     -1,601)
     432     -728     -207   -2,462       99   -2,237     -836      636     -765

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    12.9     33.5      6.7     57.6     36.0     77.2     76.2     22.8     23.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      121)
      22       39       25       47       33       83       89
 

Updated February 18, 2005