WHEAT - KANSAS CITY BOARD OF TRADE                                                                            
Commitments of Traders - Futures Only, June 21, 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  :    78,917:    17,853      9,380      2,451     40,386     44,983     60,690     56,814:    18,227     22,103
Old  :    78,617:    17,803      9,372      2,451     40,168     44,810     60,422     56,633:    18,195     21,984
Other:       300:        50          8          0        218        173        268        181:        32        119
     :          :                                                                            :
     :          :          Changes in Commitments from: June 14, 2005                        :
     :    -4,031:     3,529     -1,968       -453     -2,934        169        142     -2,252:    -4,173     -1,779
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      22.6       11.9        3.1       51.2       57.0       76.9       72.0:      23.1       28.0
Old  :     100.0:      22.6       11.9        3.1       51.1       57.0       76.9       72.0:      23.1       28.0
Other:     100.0:      16.7        2.7        0.0       72.7       57.7       89.3       60.3:      10.7       39.7
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       124:        36         18         19         53         47         96         79:
Old  :       124:        36         18         19         53         47         96         79:
Other:        16:         2          1          0          2         11          4         12:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 24.3       33.1       33.4       43.1       20.1       27.5       27.2       33.2
Old  :                 24.1       33.2       33.2       43.3       20.2       27.9       27.3       33.5
Other:                 89.3       51.0       89.3       57.7       89.3       51.0       89.3       57.7
 
 

Updated June 24, 2005