WHEAT - KANSAS CITY BOARD OF TRADE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, July 5, 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  :    84,273:    20,480      6,452      7,788     39,802     49,279     68,069     63,519:    16,203     20,754
Old  :    83,619:    20,327      6,452      7,763     39,362     48,901     67,452     63,116:    16,167     20,502
Other:       654:       153          0         24        440        378        617        403:        37        251
     :          :                                                                            :
     :          :          Changes in Commitments from: June 28, 2005                        :
     :     2,315:     1,232       -410        979       -663      1,859      1,548      2,429:       767       -114
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      24.3        7.7        9.2       47.2       58.5       80.8       75.4:      19.2       24.6
Old  :     100.0:      24.3        7.7        9.3       47.1       58.5       80.7       75.5:      19.3       24.5
Other:     100.0:      23.4        0.1        3.7       67.3       57.8       94.4       61.6:       5.6       38.4
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       127:        41         13         19         53         52        100         79:
Old  :       127:        40         14         19         53         52        100         79:
Other:        25:         5          1          5          4         16         10         21:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 22.4       32.6       31.4       41.8       20.0       25.4       26.8       33.0
Old  :                 22.2       32.8       31.1       42.1       20.1       25.9       26.9       33.6
Other:                 83.1       44.5       92.2       53.8       82.7       41.6       87.7       50.5
 
 

Updated July 8, 2005