WHEAT - KANSAS CITY BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 04/12/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       81,943
COMMITMENTS
   9,703    9,357   11,405   46,853   39,037   67,961   59,798   13,982   22,145

CHANGES FROM 04/05/05 (CHANGE IN OPEN INTEREST:      1,178)
  -2,171    2,861      -81    4,176     -322    1,924    2,457     -746   -1,279

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    11.8     11.4     13.9     57.2     47.6     82.9     73.0     17.1     27.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      104)
      18       23       18       46       47       74       79
 

Updated April 15, 2005