COTTON NO. 2 - NEW YORK BOARD OF TRADE                                                                        
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 50,000 POUNDS)                                               :
     :          :                                                                            :
All  :   112,882:    15,975     29,895     25,171     58,926     51,580    100,073    106,646:    12,809      6,235
Old  :   102,838:    15,452     29,678     23,274     52,321     44,162     91,046     97,114:    11,791      5,723
Other:    10,044:       859        552      1,563      6,606      7,418      9,027      9,532:     1,017        512
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :      -970:     2,480     -5,336      1,078     -4,746      4,297     -1,188         40:       218     -1,009
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      14.2       26.5       22.3       52.2       45.7       88.7       94.5:      11.3        5.5
Old  :     100.0:      15.0       28.9       22.6       50.9       42.9       88.5       94.4:      11.5        5.6
Other:     100.0:       8.5        5.5       15.6       65.8       73.9       89.9       94.9:      10.1        5.1
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       348:       132         99         92         94         83        272        234:
Old  :       344:       134         96         89         91         83        267        231:
Other:        98:        14         30         29         39         28         77         65:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 17.6       20.9       28.6       30.6       16.1       16.6       23.4       23.5
Old  :                 18.2       20.3       29.7       29.7       16.9       15.7       24.4       22.0
Other:                 35.3       45.0       50.8       56.5       30.3       44.4       40.8       54.3
 
FRZN CONCENTRATED ORANGE JUICE - NEW YORK BOARD OF TRADE                                                      
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 15,000 POUNDS)                                               :
     :          :                                                                            :
All  :    63,410:    11,838      2,721     19,878     25,229     38,646     56,945     61,244:     6,465      2,166
Old  :    63,294:    11,887      2,675     19,828     25,129     38,625     56,844     61,128:     6,450      2,166
Other:       116:         0         95          1        100         20        101        116:        15          0
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :       514:       884        -91        408       -179         67      1,113        384:      -599        129
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      18.7        4.3       31.3       39.8       60.9       89.8       96.6:      10.2        3.4
Old  :     100.0:      18.8        4.2       31.3       39.7       61.0       89.8       96.6:      10.2        3.4
Other:     100.0:       0.2       81.8        0.8       85.9       17.4       86.9       99.9:      13.1        0.1
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       129:        64         24         36         33         27        114         72:
Old  :       129:        65         23         36         33         27        114         72:
Other:         8:         1          5          1          1          2          3          7:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 39.4       43.6       51.7       61.4       11.8       20.7       15.3       28.9
Old  :                 39.4       43.7       51.6       61.5       11.8       20.8       15.3       29.1
Other:                 86.9       96.2       86.9       99.9       85.9       96.2       85.9       99.0
 
COCOA - NEW YORK BOARD OF TRADE                                                                               
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 10 METRIC TONS)                                              :
     :          :                                                                            :
All  :   129,378:    14,992      6,148      7,665     99,805    112,828    122,462    126,640:     6,916      2,738
Old  :    91,190:    14,664      5,845      6,850     63,041     75,848     84,555     88,543:     6,635      2,648
Other:    38,187:       750        724        393     36,764     36,980     37,907     38,097:       280         90
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :     2,828:      -715      3,193        443      3,707     -1,398      3,435      2,238:      -608        590
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      11.6        4.8        5.9       77.1       87.2       94.7       97.9:       5.3        2.1
Old  :     100.0:      16.1        6.4        7.5       69.1       83.2       92.7       97.1:       7.3        2.9
Other:     100.0:       2.0        1.9        1.0       96.3       96.8       99.3       99.8:       0.7        0.2
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       123:        47         21         35         46         37        105         84:
Old  :       122:        48         22         35         43         37        102         83:
Other:        38:         4          5          4         22         17         27         25:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 33.5       45.8       51.2       63.2       19.7       26.4       28.1       33.8
Old  :                 30.2       40.1       45.0       57.4       28.6       31.8       41.0       46.6
Other:                 67.2       77.2       82.6       88.9       49.9       64.7       63.0       72.1
 
SUGAR NO. 11 - NEW YORK BOARD OF TRADE                                                                        
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 112,000 POUNDS)                                              :
     :          :                                                                            :
All  :   557,677:   130,374     24,466    125,371    222,144    372,005    477,889    521,842:    79,788     35,835
Old  :   557,677:   130,374     24,466    125,371    222,144    372,005    477,889    521,842:    79,788     35,835
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :    29,913:    21,690      1,980      6,740     -3,097     19,325     25,332     28,045:     4,580      1,868
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      23.4        4.4       22.5       39.8       66.7       85.7       93.6:      14.3        6.4
Old  :     100.0:      23.4        4.4       22.5       39.8       66.7       85.7       93.6:      14.3        6.4
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       193:        71         40         57         70         60        180        121:
Old  :       193:        71         40         57         70         60        180        121:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 15.2       31.6       24.1       47.3       10.4       24.9       16.8       34.4
Old  :                 15.2       31.6       24.1       47.3       10.4       24.9       16.8       34.4
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
COFFEE C - NEW YORK BOARD OF TRADE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 37,500 POUNDS)                                               :
     :          :                                                                            :
All  :   151,355:    48,045      7,865     42,740     48,625     94,659    139,410    145,264:    11,945      6,091
Old  :   148,978:    48,015      8,872     41,290     48,074     93,049    137,380    143,211:    11,598      5,767
Other:     2,377:     1,088         51        391        551      1,611      2,031      2,053:       346        324
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :    -5,112:    -2,924     -2,389       -869       -863     -1,363     -4,656     -4,621:      -456       -491
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      31.7        5.2       28.2       32.1       62.5       92.1       96.0:       7.9        4.0
Old  :     100.0:      32.2        6.0       27.7       32.3       62.5       92.2       96.1:       7.8        3.9
Other:     100.0:      45.8        2.1       16.5       23.2       67.8       85.4       86.4:      14.6       13.6
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       390:       171         69        118        107        124        326        277:
Old  :       390:       174         72        118        106        124        325        277:
Other:        71:        13         10         16         21         37         43         54:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 13.8       20.3       23.1       31.6       12.0       14.5       19.6       23.3
Old  :                 13.9       20.5       23.4       31.7       12.2       14.7       19.9       23.5
Other:                 42.3       31.1       61.5       45.7       39.4       31.1       51.8       40.8
 
U.S. DOLLAR INDEX - NEW YORK BOARD OF TRADE                                                                   
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (U.S. DOLLAR INDEX X $1000)                                                :
     :          :                                                                            :
All  :    24,530:     5,318     14,500      3,730     12,874      2,397     21,923     20,628:     2,608      3,902
Old  :    24,530:     5,318     14,500      3,730     12,874      2,397     21,923     20,628:     2,608      3,902
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :    -5,419:      -980     -4,699        -22     -4,626         16     -5,627     -4,704:       208       -715
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      21.7       59.1       15.2       52.5        9.8       89.4       84.1:      10.6       15.9
Old  :     100.0:      21.7       59.1       15.2       52.5        9.8       89.4       84.1:      10.6       15.9
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        53:         6         32         10          6         12         19         48:
Old  :        53:         6         32         10          6         12         19         48:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 67.7       36.8       83.2       55.2       61.2       34.0       71.8       47.7
Old  :                 67.7       36.8       83.2       55.2       61.2       34.0       71.8       47.7
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
EURO FX/JAPANESE YEN XRATE - NEW YORK BOARD OF TRADE                                                          
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005                 
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF EURO 200,000)                                                :
     :          :                                                                            :
All  :    23,327:    17,502          0          0        904     20,146     18,406     20,146:     4,921      3,181
Old  :    23,327:    17,502          0          0        904     20,146     18,406     20,146:     4,921      3,181
Other:         0:         0          0          0          0          0          0          0:         0          0
     :          :                                                                            :
     :          :          Changes in Commitments from: December 28, 2004                    :
     :    -1,754:      -798     -1,145          0        134       -932       -664     -2,077:    -1,090        323
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      75.0        0.0        0.0        3.9       86.4       78.9       86.4:      21.1       13.6
Old  :     100.0:      75.0        0.0        0.0        3.9       86.4       78.9       86.4:      21.1       13.6
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0:       0.0        0.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        21:         8          0          0          1         12          9         12:
Old  :        21:         8          0          0          1         12          9         12:
Other:         0:         0          0          0          0          0          0          0:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 64.4       51.2       76.9       74.6       64.4       51.2       76.9       74.6
Old  :                 64.4       51.2       76.9       74.6       64.4       51.2       76.9       74.6
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0
 
 

Updated January 7, 2005