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 September 9, 1997.
*Released from Commodity Futures Trading Commission on September 12, 1997.

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	21.8	32.6	9.68	50	10.6	37.9	42.1	38	57.9	58.7
Last Reporting Period		25.1	43	3.87	50	13.5	50.6	42.4	46.1	57.6	52.9
D. Phosphate (CBOT)	100 contracts	––	––	––	50	––	––	––	––	––	––
Last Reporting Period		––	––	––	50	––	––	––	––	––	––
Frozen Conc. O.J. (NYCE)	25 contracts	26	67.6	4.12	50	36	8.87	66.1	34.5	33.9	80.3
Last Reporting Period		22.6	64.2	3.92	50	38.3	16.1	64.8	34.9	35.2	77.7
Cocoa (CSCE)	100 contracts	14.8	91.1	2.38	50	70.3	39.7	87.5	48.7	12.5	59
Last Reporting Period		11.4	87	1.18	50	74.4	42.8	87	48.7	13	58.6
Coffee "C" (CSCE)	50 contracts	14.3	89.5	2.74	50	45.6	29.6	62.7	44.2	37.3	59.7
Last Reporting Period		9.93	76	1.84	50	46.2	36.9	58	44	42	58.3
Sugar No. 11 (CSCE)	300 contracts	20.9	91.4	2.29	50	52.3	26.6	75.6	45.2	24.4	64.7
Last Reporting Period		21.9	91.7	2.83	50	51.3	27.1	76.1	46.6	23.9	61
Sugar No. 14 (CSCE)	100 contracts	0	––	0	50	85.7	51	85.7	51	14.3	43.7
Last Reporting Period		0	––	0	50	85.8	50.9	85.8	50.9	14.2	44.7
Cotton No. 2 (NYCE)	5,000 bales	23.1	20.8	5.89	50	52.9	60.6	81.9	48.6	18.1	56.4
Last Reporting Period		22.7	20.1	6.26	50	53.5	60.8	82.4	48.8	17.6	55.8

*Reporting positions as of September 9, 1997.
**Futures contracts used for hedging.
***Positions that are below the reporting levels.
*Released from Commodity Futures Trading Commission on September 12, 1997.

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