WHEAT - KANSAS CITY BOARD OF TRADE
FUTURES ONLY POSITIONS AS OF 05/24/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       74,401
COMMITMENTS
  16,699   11,509    1,723   39,118   41,899   57,540   55,131   16,861   19,270

CHANGES FROM 05/17/05 (CHANGE IN OPEN INTEREST:      6,772)
   3,915   -1,627      243    1,872    7,028    6,030    5,644      742    1,128

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    22.4     15.5      2.3     52.6     56.3     77.3     74.1     22.7     25.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      116)
      30       25       15       46       41       81       77
 

Updated May 27, 2005