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 16, 1997.
*Released from Commodity Futures Trading Commission on December 19, 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
24.9
43.8
5.16
50
42.3
54.7
72.4
50.6
27.6
48.4
Last Reporting Period
21.9
42.3
6.55
50
43.4
49.8
71.9
47.5
28.1
56.3
Pork Bellies (CME)
25 contracts
38.6
25.3
5.01
50
21.4
70.5
65
42.1
35
64.7
Last Reporting Period
36.7
21.1
7.02
50
21.1
72.4
64.7
40.9
35.3
66.7
Live Cattle (CME)
100 contracts
18.9
34
6.29
50
37
52.2
62.2
46.5
37.8
55.8
Last Reporting Period
13.8
57.3
4.94
50
41.7
44.3
60.5
47.7
39.5
53.5
Feeder Cattle (CME)
50 contracts
20.7
52.9
10.5
50
23.9
42.9
55.1
48
44.9
52.5
Last Reporting Period
26.6
61.2
4.51
50
24.2
42.4
55.3
52.1
44.7
47.5

*Reporting positions as of December 16, 1997.
**Futures contracts used for hedging.
***Positions that are below the reporting levels.
*Released from Commodity Futures Trading Commission on December 19, 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