WHEAT - KANSAS CITY BOARD OF TRADE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, April 26, 2005                  
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     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
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     :          : (CONTRACTS OF 5,000 BUSHELS)                                               :
     :          :                                                                            :
All  :    71,829:    10,798     10,141      7,312     38,843     33,579     56,954     51,031:    14,875     20,798
Old  :     7,379:         0      1,042          0      6,005      3,551      6,005      4,593:     1,374      2,786
Other:    64,450:    10,817      9,118      7,293     32,838     30,028     50,949     46,438:    13,501     18,012
     :          :                                                                            :
     :          :          Changes in Commitments from: April 19, 2005                       :
     :   -15,744:       188     -3,531     -4,463    -11,315     -6,200    -15,590    -14,195:      -153     -1,549
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      15.0       14.1       10.2       54.1       46.7       79.3       71.0:      20.7       29.0
Old  :     100.0:       0.0       14.1        0.0       81.4       48.1       81.4       62.2:      18.6       37.8
Other:     100.0:      16.8       14.1       11.3       51.0       46.6       79.1       72.1:      20.9       27.9
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       114:        24         28         20         46         44         81         83:
Old  :        34:         0          3          0         16         18         16         21:
Other:       110:        24         26         20         43         41         78         78:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 23.2       24.4       33.3       32.7       20.6       16.0       28.0       22.1
Old  :                 63.4       38.6       77.6       52.8       63.4       38.3       77.6       52.5
Other:                 22.7       26.0       31.6       35.2       22.5       21.8       30.7       29.1
 
 

Updated April 29, 2005