WHEAT - KANSAS CITY BOARD OF TRADE                                                                            
Commitments of Traders - Futures Only, July 12, 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  :    80,454:    19,657      7,032      2,048     42,510     51,520     64,215     60,600:    16,239     19,854
Old  :    79,757:    19,517      7,044      2,018     42,029     51,120     63,564     60,182:    16,193     19,575
Other:       697:       170         18          0        481        400        651        418:        46        279
     :          :                                                                            :
     :          :          Changes in Commitments from: July 5, 2005                         :
     :     4,132:      -940       -105       -969      5,813      5,360      3,904      4,286:       228       -154
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      24.4        8.7        2.5       52.8       64.0       79.8       75.3:      20.2       24.7
Old  :     100.0:      24.5        8.8        2.5       52.7       64.1       79.7       75.5:      20.3       24.5
Other:     100.0:      24.4        2.6        0.0       69.0       57.4       93.4       60.0:       6.6       40.0
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       121:        36         17         13         44         47         88         70:
Old  :       121:        36         17         13         44         47         88         70:
Other:        27:         3          2          0          4         19          7         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  :                 29.4       34.5       38.5       45.6       22.3       26.2       29.8       34.4
Old  :                 29.2       34.7       38.4       45.7       22.5       26.4       30.0       35.1
Other:                 85.1       43.3       93.4       51.9       85.1       40.6       90.7       49.2
 
 

Updated July 15, 2005