WHEAT - KANSAS CITY BOARD OF TRADE                                                                            
Commitments of Traders - Futures Only, July 5, 2005                    
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 5,000 BUSHELS)                                               :
     :          :                                                                            :
All  :    76,322:    20,597      7,137      3,017     36,697     46,160     60,311     56,314:    16,011     20,008
Old  :    75,707:    20,462      7,125      3,011     36,257     45,791     59,730     55,927:    15,977     19,780
Other:       615:       141         18          0        440        369        581        387:        34        228
     :          :                                                                            :
     :          :          Changes in Commitments from: June 28, 2005                        :
     :       842:     1,709       -914        102     -1,796      1,621         15        809:       827         33
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      27.0        9.4        4.0       48.1       60.5       79.0       73.8:      21.0       26.2
Old  :     100.0:      27.0        9.4        4.0       47.9       60.5       78.9       73.9:      21.1       26.1
Other:     100.0:      22.9        2.9        0.0       71.5       60.0       94.5       62.9:       5.5       37.1
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       126:        38         16         15         47         49         93         73:
Old  :       126:        38         16         15         47         49         93         73:
Other:        24:         3          2          0          4         16          7         18:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 24.7       34.9       33.6       43.3       22.1       27.3       29.6       35.3
Old  :                 24.5       35.2       33.3       43.6       22.2       28.0       29.7       36.0
Other:                 88.1       45.9       94.5       55.6       88.1       42.8       91.4       52.5
 
 

Updated July 8, 2005