WHEAT - KANSAS CITY BOARD OF TRADE
OPTION AND FUTURES COMBINED POSITIONS AS OF 06/21/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       88,110
COMMITMENTS
  18,233    8,844    7,907   43,231   48,377   69,371   65,128   18,739   22,982

CHANGES FROM 06/14/05 (CHANGE IN OPEN INTEREST:     -4,100)
   3,436   -1,777     -793   -2,674      253      -31   -2,317   -4,069   -1,782

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
    20.7     10.0      9.0     49.1     54.9     78.7     73.9     21.3     26.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      126)
      38       16       21       56       53      100       86
 

Updated June 24, 2005