WHEAT - KANSAS CITY BOARD OF TRADE
FUTURES ONLY POSITIONS AS OF 07/05/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       76,322
COMMITMENTS
  20,597    7,137    3,017   36,697   46,160   60,311   56,314   16,011   20,008

CHANGES FROM 06/28/05 (CHANGE IN OPEN INTEREST:        842)
   1,709     -914      102   -1,796    1,621       15      809      827       33

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    27.0      9.4      4.0     48.1     60.5     79.0     73.8     21.0     26.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      126)
      38       16       15       47       49       93       73
 

Updated July 8, 2005