WHEAT - KANSAS CITY BOARD OF TRADE
FUTURES ONLY POSITIONS AS OF 03/15/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       75,274
COMMITMENTS
  19,763    7,205    1,696   38,582   43,609   60,041   52,510   15,233   22,764

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:      9,027)
   4,022     -186     -690    3,654    5,413    6,986    4,537    2,041    4,490

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    26.3      9.6      2.3     51.3     57.9     79.8     69.8     20.2     30.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      111)
      29       19       12       37       46       75       70
 

Updated March 18, 2005