WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders - Futures Only, March 15, 2005                  
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 5,000 BUSHELS)                                               :
     :          :                                                                            :
All  :    35,268:     1,689      2,185        884     21,504     19,131     24,077     22,200:    11,191     13,068
Old  :    26,850:     2,452      1,995          5     15,467     14,328     17,924     16,328:     8,926     10,522
Other:     8,418:        66      1,019         50      6,037      4,803      6,153      5,872:     2,265      2,546
     :          :                                                                            :
     :          :          Changes in Commitments from: March 8, 2005                        :
     :     2,303:       405       -717         25      1,426      1,327      1,856        635:       447      1,668
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       4.8        6.2        2.5       61.0       54.2       68.3       62.9:      31.7       37.1
Old  :     100.0:       9.1        7.4        0.0       57.6       53.4       66.8       60.8:      33.2       39.2
Other:     100.0:       0.8       12.1        0.6       71.7       57.1       73.1       69.8:      26.9       30.2
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        36:         4          6          2         21         16         27         22:
Old  :        36:         6          4          1         17         16         23         21:
Other:        23:         1          2          1         12         13         14         15:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest 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  :                 32.6       33.3       48.8       44.6       22.3       19.7       34.2       26.9
Old  :                 38.0       34.3       51.0       45.9       25.2       25.8       37.6       35.5
Other:                 42.4       42.1       65.0       60.0       37.4       40.0       56.7       52.4
 
 

Updated March 18, 2005