WHEAT - KANSAS CITY BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       84,001
COMMITMENTS
  19,651    4,715    7,690   40,548   47,373   67,888   59,778   16,113   24,223

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:     10,385)
   3,351   -1,372    1,152    3,887    5,835    8,390    5,615    1,995    4,770

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    23.4      5.6      9.2     48.3     56.4     80.8     71.2     19.2     28.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      115)
      30       19       17       42       49       83       76
 

Updated March 18, 2005