WHEAT - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:      274,349
COMMITMENTS
  33,928   67,247   49,769  149,818  117,878  233,515  234,894   40,833   39,454

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:     11,814)
   2,280   -6,440      543    8,994   17,458   11,817   11,561       -3      253

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    12.4     24.5     18.1     54.6     43.0     85.1     85.6     14.9     14.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      264)
      80      105       90       57       61      194      208
 
 
CORN - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:      807,814
COMMITMENTS
  71,351  172,205  128,050  442,291  297,790  641,691  598,045  166,123  209,769

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:     10,118)
   7,429  -21,000   17,875  -17,431   16,582    7,873   13,457    2,245   -3,338

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     8.8     21.3     15.9     54.8     36.9     79.4     74.0     20.6     26.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      516)
     117      157      148      198      171      411      401
 
 
OATS - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:        9,804
COMMITMENTS
   2,598      289      633    2,321    6,683    5,552    7,605    4,252    2,199

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:       -168)
    -516     -171       51      505      270       40      151     -208     -319

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    26.5      2.9      6.5     23.7     68.2     56.6     77.6     43.4     22.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       39)
      14        7        5       12       17       30       25
 
 
SOYBEANS - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:      363,025
COMMITMENTS
  35,786   65,496   83,968  177,278  134,670  297,031  284,134   65,993   78,890

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:     -5,199)
   2,211  -24,521    1,739   -7,060   14,167   -3,110   -8,615   -2,089    3,417

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     9.9     18.0     23.1     48.8     37.1     81.8     78.3     18.2     21.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      367)
      93      148      139       98       95      289      297
 
 
MINI SOYBEANS - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(THOUSAND BUSHELS)                                   OPEN INTEREST:        9,397
COMMITMENTS
   4,670    3,129    1,250      200      469    6,120    4,848    3,277    4,549

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:          .)
       .        .        .        .        .        .        .        .        .

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    49.7     33.3     13.3      2.1      5.0     65.1     51.6     34.9     48.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       20)
      10        8        9        1        2       15       15
 
 
SOYBEAN OIL - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 60,000 POUNDS)                         OPEN INTEREST:      193,551
COMMITMENTS
  16,425   53,182   32,647  116,910   83,186  165,982  169,015   27,569   24,536

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:    -12,684)
    -590   -8,178      222  -12,214   -2,194  -12,581  -10,150     -102   -2,534

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     8.5     27.5     16.9     60.4     43.0     85.8     87.3     14.2     12.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      160)
      29       56       39       50       50      103      132
 
 
U.S. TREASURY BONDS - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $100,000 FACE VALUE)                   OPEN INTEREST:    1,019,504
COMMITMENTS
 155,969  129,580  168,281  511,632  510,844  835,882  808,705  183,622  210,799

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:     10,651)
 -27,097  -13,752   29,436   11,252   -8,228   13,591    7,456   -2,941    3,195

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    15.3     12.7     16.5     50.2     50.1     82.0     79.3     18.0     20.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      198)
      46       44       56       80       91      156      163
 
 
SOYBEAN MEAL - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TONS)                              OPEN INTEREST:      179,918
COMMITMENTS
  11,465   34,429   42,594   93,691   71,767  147,749  148,790   32,169   31,128

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:    -18,490)
   1,455  -18,593    1,933  -20,704      861  -17,316  -15,800   -1,174   -2,690

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     6.4     19.1     23.7     52.1     39.9     82.1     82.7     17.9     17.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      171)
      24       60       59       55       56      123      152
 
 
ROUGH RICE - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 200,000 POUNDS)                        OPEN INTEREST:        6,082
COMMITMENTS
   1,812    2,018      701    1,823    1,611    4,335    4,330    1,746    1,752

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:        -55)
      36      -72     -189      -85      316     -238       56      183     -111

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    29.8     33.2     11.5     30.0     26.5     71.3     71.2     28.7     28.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       36)
      10       14        4       11        8       25       22
 
 
2-YEAR U.S. TREASURY NOTES - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $200,000 FACE VALUE)                   OPEN INTEREST:      350,415
COMMITMENTS
 107,008   80,361    6,350  185,422  161,851  298,780  248,561   51,636  101,854

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:     20,492)
   2,920    3,149    5,975   15,471   15,776   24,366   24,899   -3,874   -4,408

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    30.5     22.9      1.8     52.9     46.2     85.3     70.9     14.7     29.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      123)
      19       35        5       43       53       63       92
 
 
10-YEAR U.S. TREASURY NOTES - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $100,000 FACE VALUE)                   OPEN INTEREST:    2,485,532
COMMITMENTS
 281,868  246,061  498,962  1370058  1192082  2150888  1937104  334,644  548,427

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:    117,219)
  17,933  -25,170   64,821   40,017   89,880  122,771  129,530   -5,552  -12,311

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    11.3      9.9     20.1     55.1     48.0     86.5     77.9     13.5     22.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      292)
      57       72       87      118      148      227      256
 
 
5-YEAR U.S. TREASURY NOTES - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $100,000 FACE VALUE)                   OPEN INTEREST:    1,466,188
COMMITMENTS
 273,974  168,873  166,914  861,590  815,009  1302478  1150795  163,710  315,392

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:    -37,060)
  32,825  -27,541   35,046  -92,575    7,562  -24,703   15,067  -12,357  -52,128

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    18.7     11.5     11.4     58.8     55.6     88.8     78.5     11.2     21.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      207)
      37       52       51       81      109      147      183
 
 
30-DAY FEDERAL FUNDS - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(INTEREST ON $5,000,000 FED FUNDS)                   OPEN INTEREST:      560,639
COMMITMENTS
 181,738   41,832  139,377  204,977  350,660  526,092  531,869   34,547   28,769

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:     24,466)
  15,164    4,850      889    9,061   20,835   25,115   26,575     -649   -2,108

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    32.4      7.5     24.9     36.6     62.5     93.8     94.9      6.2      5.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      124)
      40       16       38       60       60      112      102
 
 
DOW JONES INDUSTRIAL AVERAGE - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
($10 X DJIA INDEX)                                   OPEN INTEREST:       51,194
COMMITMENTS
  14,140    3,278    1,008   22,083   38,402   37,231   42,688   13,963    8,505

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:      1,362)
   1,530      138      218      128      633    1,876      989     -514      373

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    27.6      6.4      2.0     43.1     75.0     72.7     83.4     27.3     16.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       65)
      25       11        7       22       12       52       25
 
 
DOW JONES INDUSTRIAL AVG- x $5 - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
($5 X DJIA INDEX)                                    OPEN INTEREST:       82,454
COMMITMENTS
  10,165   24,177    6,367   55,535   27,774   72,067   58,319   10,387   24,135

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:      4,782)
   1,231   -1,801    2,463    1,098    3,011    4,791    3,674       -9    1,109

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    12.3     29.3      7.7     67.4     33.7     87.4     70.7     12.6     29.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       71)
      24       21       18       20       14       51       46
 
 
INTEREST RATE SWAPS 10YR - 3MO - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $100,000 NOTIONAL PRINCIPA             OPEN INTEREST:       37,739
COMMITMENTS
   7,858    6,825    1,517   28,004   27,320   37,379   35,662      360    2,077

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:     -2,264)
    -903   -2,752      503   -1,861     -750   -2,261   -2,999       -3      735

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    20.8     18.1      4.0     74.2     72.4     99.0     94.5      1.0      5.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       60)
       6       22        4       19       19       27       43
 
 
INTEREST RATE SWAPS 5YR - 3MO - CHICAGO BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 02/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF $100,000 NOTIONAL PRINCIPA             OPEN INTEREST:       13,991
COMMITMENTS
   5,899    1,948        0    7,630   11,061   13,529   13,009      462      982

CHANGES FROM 02/08/05 (CHANGE IN OPEN INTEREST:       -549)
     210       45        0   -1,186   -1,055     -976   -1,010      427      461

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    42.2     13.9      0.0     54.5     79.1     96.7     93.0      3.3      7.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       25)
       2        7        0        6       10        8       17
 

Updated February 18, 2005