WHEAT - KANSAS CITY BOARD OF TRADE
FUTURES ONLY POSITIONS AS OF 07/19/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       83,964
COMMITMENTS
  21,208    6,664    1,277   45,053   56,984   67,538   64,925   16,426   19,039

CHANGES FROM 07/12/05 (CHANGE IN OPEN INTEREST:      3,510)
   1,551     -368     -771    2,543    5,464    3,323    4,325      187     -815

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    25.3      7.9      1.5     53.7     67.9     80.4     77.3     19.6     22.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      130)
      39       15       10       44       56       89       75
 

Updated July 22, 2005