WHEAT - KANSAS CITY BOARD OF TRADE                                                                            
Commitments of Traders - Futures Only, May 17, 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  :    67,629:    12,784     13,136      1,480     37,246     34,871     51,510     49,487:    16,119     18,142
Old  :    67,621:    12,784     13,136      1,480     37,238     34,868     51,502     49,484:    16,119     18,137
Other:         8:         0          0          0          8          3          8          3:         0          5
     :          :                                                                            :
     :          :          Changes in Commitments from: May 10, 2005                         :
     :     4,409:       415      2,553       -313      3,182      1,154      3,284      3,394:     1,125      1,015
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      18.9       19.4        2.2       55.1       51.6       76.2       73.2:      23.8       26.8
Old  :     100.0:      18.9       19.4        2.2       55.1       51.6       76.2       73.2:      23.8       26.8
Other:     100.0:       0.0        0.0        0.0      100.0       37.5      100.0       37.5:       0.0       62.5
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       106:        26         25         11         42         36         72         68:
Old  :       106:        26         25         11         42         36         72         68:
Other:         2:         0          0          0          1          1          1          1:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 26.3       28.9       35.6       38.5       24.6       26.7       33.5       34.9
Old  :                 26.3       28.9       35.6       38.5       24.6       26.7       33.6       34.9
Other:                100.0       37.5      100.0       37.5      100.0       37.5      100.0       37.5
 
 

Updated May 20, 2005