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
Lean Hogs (CME)	50 contracts	22.2	54.3	8.56	50	27.6	52.6	58.3	52.9	41.7	46
Last Reporting Period		19.2	50.8	12.3	50	24.2	63.7	55.7	56.2	44.3	42.2
Pork Bellies (CME)	25 contracts	34.7	45.9	10.2	50	11.5	46.7	56.4	46.8	43.6	54.1
Last Reporting Period		37.9	46.6	5.92	50	13	49	56.8	47.5	43.2	53.2
Live Cattle (CME)	100 contracts	15.3	73.2	8.98	50	37.4	35.2	61.8	46.8	38.2	55.2
Last Reporting Period		16	74.3	9.06	50	37.4	33.7	62.4	46.5	37.6	55.8
Feeder Cattle (CME)	50 contracts	10.4	68	5.14	50	30.6	57.3	46.2	58.9	53.8	42.4
Last Reporting Period		9.73	57.7	7.09	50	29.2	59.9	46	57.9	54	43.2

*Reporting positions as of April 8, 1997. **Futures contracts used for hedging. ***Positions that are below the reporting levels. *Released from Commodity Futures Trading Commission on April 11, 1997.

Added to the WWW 04-24-97
Last updated on 04-24-97

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

wmeubank@ocp.kcmo.com