WHEAT - KANSAS CITY BOARD OF TRADE
FUTURES ONLY POSITIONS AS OF 06/28/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       75,480
COMMITMENTS
  18,888    8,051    2,915   38,493   44,539   60,296   55,505   15,184   19,975

CHANGES FROM 06/21/05 (CHANGE IN OPEN INTEREST:     -3,437)
   1,035   -1,329      464   -1,893     -444     -394   -1,309   -3,043   -2,128

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    25.0     10.7      3.9     51.0     59.0     79.9     73.5     20.1     26.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      124)
      33       20       17       53       46       99       73
 

Updated July 1, 2005