Figure 1
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                                           SOYBEANS - CHICAGO BOARD OF TRADE
                 COMMITMENTS OF TRADERS IN ALL FUTURES COMBINED AND INDICATED FUTURES, APRIL 30, 1980
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         : TOTAL   :                           REPORTING (LARGE) TRADERS                         :
     F   ----------------------------------------------------------------------------------------:  NONREPORTING
     U   :         :           SPECULATIVE              :                    :                   :  TRADERS
     T   :         :--------------------------------    :                    :                   :  SPECULTATIVE AND
     U   :  OPEN   :     LONG OR SHORT:   LONG AND SHORT:         HEDGING    :        TOTAL      :  HEDGING
     R   :INTEREST :          ONLY    :    (SPREADING)  :                    :                   :
     E   :         :------------------------------------------------------------------------------------------------
     S   :         :    LONG :   SHORT:   LONG :   SHORT:     LONG :    SHORT:    LONG:     SHORT:     LONG:  SHORT
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         :         :                              (THOUSAND BUSHELS)                             :
         :         :                                                                             :
   ALL   : 499,620 :   8,800    32,865   94,090   94,675   284,530    209,010  387,390   336,550 : 112,230  163,070
   OLD   : 277,905 :  10,235    43,930   24,410   23,385   171,345    138,665  205,990   205,980 :  71,915   71,925
   OTHER : 221,715 :  25,625    15,995   42,590   44,230   113,185     70,345  130,570   130,570 :  40,315   91,145
         :         :                                                                             :
         :         :                  CHANGES IN COMMITMENTS FROM MARCH 31, 1980                 :
   ALL   :  -2,620 :  -2,950   -10,426  +12,940  +12,176      -410     +5,100   +9,580    +6,850 : -12,200   -9,470
         :         :                                                                             :
         :         :            PERCENT OF OPEN INTEREST HELD BY EACH GROUP OF TRADERS           :
         :         :                                                                             :
   ALL   : 100.0%  :     1.8       6.6     18.8     18.9      56.9       41.8    77.5       67.4 :    22.5     32.6
   OLD   : 100.0%  :     3.7      15.8      8.8      8.4      61.7       49.9    74.1       74.1 :    25.9     25.9
   OTHER : 100.0%  :    11.6       7.2     19.2     19.9      51.0       31.7    81.8       58.9 :    18.2     41.1
         :---------:                                                                             :
         :REPORTING:                                                                             :
         : TRADERS :                        NUMBER OF TRADERS IN EACH GROUP                      :
         :---------:                                                                             :
   ALL   :    164  :      16        50       66       66        64         68     131        145 :
   OLD   :    147  :      13        51       33       32        60         58      96        119 :
   OTHER :    135  :      31        31       39       39        42         56      96        106 :
         :----------------------------------------------------------------------------------------------------------
         :                                       CONCENTRATION RATIOS
         :        PERCENT OF OPEN INTEREST HELD BY THE INDICATED NUMBER OF LARGEST REPORTING TRADERS
         :----------------------------------------------------------------------------------------------------------
         :                   BY GROSS POSITION              :              BY NET POSITION
         :----------------------------------------------------------------------------------------------------------
         :        4 OR LESS TRADERS   :  8 OR LESS TRADERS  :  4 OR LESS TRADERS  :  8 OR LESS TRADERS
         :----------------------------------------------------------------------------------------------------------
         :         LONG    :  SHORT   :   LONG   :  SHORT   :  LONG   :    SHORT  :  LONG   :    SHORT
         :----------------------------------------------------------------------------------------------------------
   ALL   :         23.0        15.2       33.2       21.8      17.1         10.4     22.9         13.4
   OLD   :         30.9        20.1       38.2       28.2      27.9         19.1     33.5         26.0
   OTHER :         26.1        12.5       35.4       18.9      22.2          9.5     29.3         13.9
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