WHEAT - KANSAS CITY BOARD OF TRADE                                                                      Code-001612
Commitments of Traders with Delta-adjusted Options and Futures Combined, December 20, 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  :   132,431:    42,000      7,863     13,193     51,871     89,365    107,064    110,420:    25,367     22,011
Old  :    86,875:    31,775      7,051      3,500     35,733     62,585     71,009     73,137:    15,866     13,739
Other:    45,556:    14,327      4,914      5,590     16,138     26,779     36,056     37,284:     9,500      8,272
     :          :                                                                            :
     :          :          Changes in Commitments from: December 13, 2005                    :
     :     4,711:     2,874     -1,672        -68        875      7,285      3,681      5,545:     1,030       -833
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      31.7        5.9       10.0       39.2       67.5       80.8       83.4:      19.2       16.6
Old  :     100.0:      36.6        8.1        4.0       41.1       72.0       81.7       84.2:      18.3       15.8
Other:     100.0:      31.4       10.8       12.3       35.4       58.8       79.1       81.8:      20.9       18.2
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       156:        58         20         38         49         54        119        105:
Old  :       137:        49         20         15         40         51         94         81:
Other:       101:        29         17         25         26         39         64         75:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 22.7       44.5       33.5       53.7       15.5       36.4       24.3       40.3
Old  :                 29.7       52.1       39.4       57.6       29.1       49.6       38.4       54.4
Other:                 29.2       46.5       43.0       54.1       28.8       41.0       42.0       47.0
 
 

Updated December 23, 2005