This report is brought to you by:

THE CONSENSUS® REPORT OF THE COMMITMENTS OF TRADERS MARKET COMPOSITION

Derived from the Bi-Weekly Report Published by the Commodity Futures Trading Commission*
*Reporting positions as of December 2, 1997.
*Released from Commodity Futures Trading Commission on December 5, 1997.

Showing Percentage Each Group Comprises of Each Market and Percentage of Each Group in Long Positions

Grains & Oilseeds | Metals & Petroleum | Financial | Food & Fiber | Livestock

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
Lean Hogs (CME)
50 contracts
21.9
42.3
6.55
50
43.4
49.8
71.9
47.5
28.1
56.3
Last Reporting Period
21.5
40.8
5.86
50
43.9
50.7
71.2
47.6
28.8
55.9
Pork Bellies (CME)
25 contracts
36.7
21.1
7.02
50
21.1
72.4
64.7
40.9
35.3
66.7
Last Reporting Period
35.8
20.8
6.14
50
22.2
69.5
64.1
40.4
35.9
67.1
Live Cattle (CME)
100 contracts
13.8
57.3
4.94
50
41.7
44.3
60.5
47.7
39.5
53.5
Last Reporting Period
14.3
51.2
6.22
50
40
44.7
60.6
46.8
39.4
54.9
Feeder Cattle (CME)
50 contracts
26.6
61.2
4.51
50
24.2
42.4
55.3
52.1
44.7
47.5
Last Reporting Period
27.2
50.7
6.95
50
20.6
54.7
54.8
52.1
45.2
47.4

*Reporting positions as of December 2, 1997.
**Futures contracts used for hedging.
***Positions that are below the reporting levels.
*Released from Commodity Futures Trading Commission on December 5, 1997.
Consensus National Futures and Financial On Line Index

Hosted by:
One Crossroads Place
610 West Maple Ave, Suite WWW
Independence, MO 64050
(816) 252-4080
sysop@kcmo.com

wmeubank@ocp.kcmo.com