WHEAT - KANSAS CITY BOARD OF TRADE
FUTURES ONLY POSITIONS AS OF 07/26/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       85,366
COMMITMENTS
  19,917    7,646    1,693   48,287   59,075   69,897   68,414   15,469   16,952

CHANGES FROM 07/19/05 (CHANGE IN OPEN INTEREST:      1,402)
  -1,291      982      416    3,234    2,091    2,359    3,489     -957   -2,087

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    23.3      9.0      2.0     56.6     69.2     81.9     80.1     18.1     19.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      134)
      38       15       12       51       59       96       81
 

Updated July 29, 2005