WHEAT - KANSAS CITY BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/08/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       73,616
COMMITMENTS
  16,300    6,087    6,537   36,660   41,538   59,498   54,162   14,118   19,454

CHANGES FROM 03/01/05 (CHANGE IN OPEN INTEREST:        504)
   1,719     -968      651     -954    2,276    1,416    1,960     -912   -1,456

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    22.1      8.3      8.9     49.8     56.4     80.8     73.6     19.2     26.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      112)
      33       22       17       41       43       83       73
 

Updated March 11, 2005