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WHEAT - KANSAS CITY BOARD OF TRADE                                                                      Code-001612
Commitments of Traders with Delta-adjusted Options and Futures Combined, December 13, 2011               
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 5,000 BUSHELS)                                               :
     :          :                                                                            :
All  :   142,425:    43,595     25,071     25,104     56,376     68,191    125,075    118,366:    17,350     24,059
Old  :    88,560:    34,456     24,205      7,619     34,994     40,480     77,069     72,304:    11,491     16,256
Other:    53,864:    23,885     15,612      2,738     21,382     27,711     48,005     46,061:     5,859      7,803
     :          :                                                                            :
     :          :          Changes in Commitments from: December 6, 2011                     :
     :     1,491:      -701       -169      1,679        170        160      1,147      1,669:       344       -178
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      30.6       17.6       17.6       39.6       47.9       87.8       83.1:      12.2       16.9
Old  :     100.0:      38.9       27.3        8.6       39.5       45.7       87.0       81.6:      13.0       18.4
Other:     100.0:      44.3       29.0        5.1       39.7       51.4       89.1       85.5:      10.9       14.5
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       168:        51         30         36         60         60        129        115:
Old  :       153:        43         31         22         54         50        109         92:
Other:       119:        31         18         17         42         47         79         76:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 12.1       27.0       22.6       36.7       11.6       25.8       20.6       35.2
Old  :                 18.0       23.2       30.5       37.5       17.4       23.0       29.8       36.3
Other:                 21.4       41.0       37.1       53.2       20.9       39.0       36.2       51.1
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Updated December 16, 2011