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WHEAT - KANSAS CITY BOARD OF TRADE                                                                      Code-001612
Commitments of Traders - Futures Only, May 22, 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  :   137,550:    35,934     25,677     14,137     72,243     72,326    122,314    112,140:    15,236     25,410
Old  :   134,914:    35,286     25,718     13,774     71,068     71,310    120,128    110,802:    14,786     24,112
Other:     2,636:       918        229         93      1,175      1,016      2,186      1,338:       450      1,298
     :          :                                                                            :
     :          :          Changes in Commitments from: May 15, 2012                         :
     :    -7,306:    -4,247    -12,195      1,749     -2,924      5,209     -5,422     -5,237:    -1,884     -2,069
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      26.1       18.7       10.3       52.5       52.6       88.9       81.5:      11.1       18.5
Old  :     100.0:      26.2       19.1       10.2       52.7       52.9       89.0       82.1:      11.0       17.9
Other:     100.0:      34.8        8.7        3.5       44.6       38.5       82.9       50.8:      17.1       49.2
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :       157:        35         45         37         57         56        117        117:
Old  :       157:        35         46         35         57         55        115        116:
Other:        43:         6          8          1          9         23         16         31:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 16.7       27.0       28.8       36.7       13.5       19.4       23.6       26.3
Old  :                 16.6       27.5       29.0       37.1       13.5       19.9       23.9       26.6
Other:                 60.4       24.8       75.5       38.5       60.1       24.8       74.9       35.9
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Updated May 25, 2012