WHEAT - KANSAS CITY BOARD OF TRADE
FUTURES ONLY POSITIONS AS OF 02/01/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       74,049
COMMITMENTS
   8,852   26,081    4,410   44,915   25,611   58,177   56,102   15,872   17,947

CHANGES FROM 01/25/05 (CHANGE IN OPEN INTEREST:      7,427)
    -302    7,506      427    6,573   -1,596    6,698    6,337      729    1,090

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    12.0     35.2      6.0     60.7     34.6     78.6     75.8     21.4     24.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      117)
      21       36       18       45       36       75       84
 

Updated February 4, 2005