WHEAT - KANSAS CITY BOARD OF TRADE
FUTURES ONLY POSITIONS AS OF 03/22/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       73,844
COMMITMENTS
  19,295    8,213    1,622   39,243   41,849   60,160   51,684   13,684   22,160

CHANGES FROM 03/15/05 (CHANGE IN OPEN INTEREST:     -1,430)
    -468    1,008      -74      661   -1,760      119     -826   -1,549     -604

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    26.1     11.1      2.2     53.1     56.7     81.5     70.0     18.5     30.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      105)
      28       19        8       33       44       67       65
 

Updated March 25, 2005