WHEAT - KANSAS CITY BOARD OF TRADE                                                                            
Commitments of Traders - Futures Only, April 5, 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  :    69,665:    11,940     10,550      3,451     40,595     33,863     55,986     47,864:    13,679     21,801
Old  :    29,244:     5,233      6,583         10     18,559     13,280     23,802     19,873:     5,442      9,371
Other:    40,421:     7,979      5,239      2,169     22,036     20,583     32,184     27,991:     8,237     12,430
     :          :                                                                            :
     :          :          Changes in Commitments from: March 29, 2005                       :
     :    -2,056:    -5,965      1,723      1,857      1,163     -6,946     -2,945     -3,366:       889      1,310
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      17.1       15.1        5.0       58.3       48.6       80.4       68.7:      19.6       31.3
Old  :     100.0:      17.9       22.5        0.0       63.5       45.4       81.4       68.0:      18.6       32.0
Other:     100.0:      19.7       13.0        5.4       54.5       50.9       79.6       69.2:      20.4       30.8
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       104:        19         25         15         39         45         70         74:
Old  :        78:        11         18          1         17         33         28         52:
Other:        89:        18         20         10         33         35         59         57:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 29.9       25.2       41.1       34.5       25.6       16.4       34.1       22.1
Old  :                 45.9       24.5       62.9       35.2       45.9       24.5       62.9       34.5
Other:                 28.0       32.1       39.9       39.5       24.7       29.7       35.9       35.4
 
 

Updated April 8, 2005