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THE CONSENSUS® REPORT OF THE COMMITMENTS OF TRADERS MARKET COMPOSITION

Derived from the Bi-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
Exchange & Commodity Non Comm. Long or Short Only Non Comm. Long or Short (Spreading) Comm.** Long or Short Only Total
Reportable
Positions
Non
Reportable
Positions***
Reporting
Level
Pct.
of Mkt.
Pct.
Long
Pct.
of Mkt.
Pct.
Long
Pct.
of Mkt.
Pct.
Long
Pct.
of Mkt.
Pct.
Long
Pct.
of Mkt.
Pct.
Long
Lumber (CME) 50 contracts------ 50 ------------
Last Reporting Period------ 50 ------------
Lumber (CME) 25 contracts 13.2 71.9 6.58 50 21.4 30.6 41.1 46.9 58.9 52.1
Last Reporting Period 18.677.62.8 50 22 12.2 43.4 42.6 56.6 55.6
D. Phosphate (CBOT) 100 contracts------ 50 ------------
Last Reporting Period------ 50 ------------
Frozen Conc. O.J. (NYCE) 25 contracts 14.7 67.7 1.53 50 53.7 28.4 70 37.2 30 79.9
Last Reporting Period 1669.22.84 50 50.4 25.4 69.3 36.5 30.7 80.3
Cocoa (CSCE) 00 contracts 10.8 79.3 1.86 50 73.5 43.6 86.2 48.2 13.8 61.2
Last Reporting Period 9.873.11.16 50 76.3 44.6 87.3 47.9 12.7 64.7
Coffee "C" (CSCE) 50 contracts 16.1 81.4 3.39 50 42.9 30.2 62.3 44.5 37.7 59.2
Last Reporting Period 1782.95.08 50 43.9 29.1 65.9 44.6 34.1 60.5
Sugar No. 11 (CSCE) 300 contracts 19.2 94.8 2.41 50 54.9 27.9 76.5 45.4 23.5 65
Last Reporting Period 14.695.22.08 50 58 31.2 74.7 44.3 25.3 66.9
Sugar No. 14 (CSCE) 100 contracts 0-- 0 50 83 51 83 51 17 45.2
Last Reporting Period 0-- 0 50 81.6 49.6 81.6 49.6 18.4 51.8
Cotton No. 2 (NYCE) 5,000 bales 17.5 21.97.04 50 52.9 53.8 77.5 46.2 22.5 62.9
Last Reporting Period 20.419.54.67 50 53 58.2 78.1 47.6 21.9 58.6


*Reporting positions as of June 3, 1997.
**Futures contracts used for hedging.
***Positions that are below the reporting levels.
*Released from Commodity Futures Trading Commission on June 6, 1997.
Consensus National Futures and Financial On Line Index
Food & Fiber Index

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