Consensus - THE CONSENSUS® REPORT OF THE COMMITMENTS OF TRADERS MARKET COMPOSITION

THE CONSENSUS REPORT OF THE COMMITMENTS OF TRADERS MARKET COMPOSITION
Derived from the Weekly Report Published by the Commodity Futures Trading Commission*
Showing Percentage Each Group Comprises of Each Market and Percentage of Each Group in Long Positions
		Reportable Positions								Nonreportable
Exchange		Non-Commercial				Commercial**		Total		Positions***
and		Long or Short		Long and Short		Long or Short		Reportable
Commodity		Only		(Spreading)		Only		Positions
	Reporting	Pct.	Pct.	Pct.	Pct.	Pct.	Pct.	Pct.	Pct.	Pct.	Pct.
	Level	of Mkt.	Long	of Mkt.	Long	of Mkt.	Long	of Mkt.	Long	of Mkt.	Long
Lean Hogs (CME)	50 Ctrs.	14.37	65.61	8.03	50	46.27	51.72	68.67	54.42	31.33	40.31
Last Reporting Period		12.62	65.41	4.22	50	50.05	54.48	66.89	56.26	33.11	37.36
Pork Bellies (CME)	25 Ctrs.	30.71	46.88	0.00	50	25.11	67.09	55.81	55.97	44.19	42.46
Last Reporting Period		32.77	40.89	0.00	50	22.04	75.34	54.81	54.74	45.19	44.25
Live Cattle (CME)	100 Ctrs.	17.74	69.83	9.79	50	49.36	49.00	76.89	53.94	23.11	36.90
Last Reporting Period		18.14	68.18	10.24	50	48.36	49.67	76.75	54.09	23.25	36.50
Feeder Cattle (CME)	50 Ctrs.	27.11	81.27	5.18	50	24.55	53.37	56.84	66.37	43.16	28.44
Last Reporting Period		27.40	83.76	4.46	50	25.22	52.38	57.07	67.26	42.93	27.05
* Reporting positions as of November 14, 2000. Futures contracts used for hedging. * Positions that are below the reporting levels.
* Released from Commodity Futures Trading Commission on November 17, 2000.

THE CONSENSUS® REPORT OF THE COMMITMENTS OF TRADERS MARKET COMPOSITION