WHEAT - KANSAS CITY BOARD OF TRADE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, April 19, 2005                  
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     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
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     :          : (CONTRACTS OF 5,000 BUSHELS)                                               :
     :          :                                                                            :
All  :    87,573:    10,610     13,672     11,775     50,159     39,779     72,544     65,226:    15,029     22,347
Old  :    24,172:       174      4,151      4,808     15,376     10,161     20,357     19,119:     3,815      5,053
Other:    63,400:    10,609      9,694      6,794     34,783     29,618     52,187     46,106:    11,213     17,294
     :          :                                                                            :
     :          :          Changes in Commitments from: April 12, 2005                       :
     :     5,630:       907      4,315        370      3,306        742      4,583      5,428:     1,047        202
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      12.1       15.6       13.4       57.3       45.4       82.8       74.5:      17.2       25.5
Old  :     100.0:       0.7       17.2       19.9       63.6       42.0       84.2       79.1:      15.8       20.9
Other:     100.0:      16.7       15.3       10.7       54.9       46.7       82.3       72.7:      17.7       27.3
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       109:        22         27         18         47         46         78         83:
Old  :        62:         5         14          9         28         28         39         45:
Other:       100:        21         24         17         39         39         69         71:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 30.9       27.5       40.0       35.6       21.4       14.4       28.5       20.8
Old  :                 50.1       32.9       63.3       48.4       30.8       19.2       37.6       26.8
Other:                 28.2       29.4       37.7       38.5       27.3       26.7       36.4       34.9
 
 

Updated April 22, 2005