WHEAT - KANSAS CITY BOARD OF TRADE                                                                      Code-001612
Commitments of Traders with Delta-adjusted Options and Futures Combined, November 22, 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  :   134,857:    36,628      7,456     19,762     55,189     82,234    111,579    109,452:    23,277     25,405
Old  :    98,153:    30,077      8,168     10,967     39,843     60,080     80,887     79,215:    17,266     18,938
Other:    36,704:    12,456      5,192      2,890     15,346     22,154     30,692     30,237:     6,012      6,467
     :          :                                                                            :
     :          :          Changes in Commitments from: November 15, 2005                    :
     :    -3,408:    -9,572      3,707     -2,409        378     -6,795    -11,603     -5,497:     8,195      2,089
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      27.2        5.5       14.7       40.9       61.0       82.7       81.2:      17.3       18.8
Old  :     100.0:      30.6        8.3       11.2       40.6       61.2       82.4       80.7:      17.6       19.3
Other:     100.0:      33.9       14.1        7.9       41.8       60.4       83.6       82.4:      16.4       17.6
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       165:        56         20         40         66         61        132        117:
Old  :       154:        51         21         29         59         59        115        106:
Other:        98:        24         21         19         25         39         57         72:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 22.8       35.3       34.8       45.7       15.2       27.2       23.5       31.5
Old  :                 28.6       36.1       38.8       43.3       25.4       33.9       34.7       39.2
Other:                 37.5       51.6       50.0       58.7       37.4       48.8       49.6       55.2