WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders - Futures Only, May 3, 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  :    26,913:     2,242      3,036      1,061     16,679     13,595     19,982     17,692:     6,931      9,221
Old  :    15,504:     3,091      3,091          0      8,167      8,038     11,258     11,129:     4,246      4,375
Other:    11,409:       151        945         61      8,512      5,557      8,724      6,563:     2,685      4,846
     :          :                                                                            :
     :          :          Changes in Commitments from: April 26, 2005                       :
     :    -1,824:       216       -703       -744       -368        -74       -896     -1,521:      -928       -303
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       8.3       11.3        3.9       62.0       50.5       74.2       65.7:      25.8       34.3
Old  :     100.0:      19.9       19.9        0.0       52.7       51.8       72.6       71.8:      27.4       28.2
Other:     100.0:       1.3        8.3        0.5       74.6       48.7       76.5       57.5:      23.5       42.5
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        41:         8          9          7         21         16         32         29:
Old  :        40:        10          7          0         16         14         26         21:
Other:        26:         4          4          3         14         12         19         18:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 39.4       37.0       53.1       50.0       37.2       31.1       48.1       40.1
Old  :                 40.4       35.9       52.1       54.5       36.1       34.2       47.1       51.4
Other:                 48.3       42.9       66.0       52.5       48.3       34.4       61.3       42.9
 
 

Updated May 6, 2005