```
WHEAT - KANSAS CITY BOARD OF TRADE                                                                      Code-001612
Commitments of Traders - Futures Only, January 17, 2012                
-------------------------------------------------------------------------------------------------------------------
     :   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  :   141,914:    37,333     19,665     24,376     62,825     74,717    124,534    118,758:    17,380     23,156
Old  :    79,255:    30,921     19,529      4,810     31,636     39,639     67,367     63,978:    11,888     15,277
Other:    62,659:    22,143     15,867      3,835     31,189     35,078     57,167     54,780:     5,492      7,879
     :          :                                                                            :
     :          :          Changes in Commitments from: January 10, 2012                     :
     :      -125:      -713      2,887       -391      1,583     -2,294        479        202:      -604       -327
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      26.3       13.9       17.2       44.3       52.6       87.8       83.7:      12.2       16.3
Old  :     100.0:      39.0       24.6        6.1       39.9       50.0       85.0       80.7:      15.0       19.3
Other:     100.0:      35.3       25.3        6.1       49.8       56.0       91.2       87.4:       8.8       12.6
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       162:        45         36         44         56         58        124        120:
Old  :       146:        37         34         21         44         47         92         92:
Other:       120:        28         22         12         47         47         81         77:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 13.0       30.7       23.1       39.6       11.6       27.4       20.2       35.0
Old  :                 18.7       26.9       31.0       40.2       18.7       26.4       31.0       39.4
Other:                 21.2       44.9       36.2       57.6       19.1       38.9       32.6       51.4
```

----

Updated January 20, 2012