WHEAT - KANSAS CITY BOARD OF TRADE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, June 21, 2005                   
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     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
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     :          : (CONTRACTS OF 5,000 BUSHELS)                                               :
     :          :                                                                            :
All  :    88,110:    18,233      8,844      7,907     43,231     48,377     69,371     65,128:    18,739     22,982
Old  :    87,802:    18,183      8,844      7,899     43,013     48,196     69,095     64,939:    18,707     22,863
Other:       308:        50          0          8        218        181        276        189:        32        119
     :          :                                                                            :
     :          :          Changes in Commitments from: June 14, 2005                        :
     :    -4,100:     3,436     -1,777       -793     -2,674        253        -31     -2,317:    -4,069     -1,782
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      20.7       10.0        9.0       49.1       54.9       78.7       73.9:      21.3       26.1
Old  :     100.0:      20.7       10.1        9.0       49.0       54.9       78.7       74.0:      21.3       26.0
Other:     100.0:      16.3        0.0        2.6       70.7       58.8       89.6       61.4:      10.4       38.6
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       126:        38         16         21         56         53        100         86:
Old  :       126:        38         16         21         56         53        100         86:
Other:        16:         3          0          1          2         11          5         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  :                 23.1       30.8       31.3       41.9       18.4       25.7       24.7       30.8
Old  :                 22.9       30.9       31.1       42.1       18.4       26.0       24.8       31.2
Other:                 86.9       52.3       89.6       58.8       86.9       52.3       87.0       56.9
 
 

Updated June 24, 2005