WHEAT - KANSAS CITY BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 07/26/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       93,831
COMMITMENTS
  18,465    7,167    6,819   52,129   61,749   77,413   75,735   16,418   18,096

CHANGES FROM 07/19/05 (CHANGE IN OPEN INTEREST:      1,293)
  -1,928    1,071      551    3,651    1,826    2,274    3,447     -981   -2,154

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    19.7      7.6      7.3     55.6     65.8     82.5     80.7     17.5     19.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      134)
      36       16       17       57       61      103       87
 

Updated July 29, 2005