WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders - Futures Only, May 17, 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  :    28,333:     2,070      5,992      1,421     18,237     13,960     21,728     21,373:     6,605      6,960
Old  :    14,778:     3,164      5,913          0      7,835      6,480     10,999     12,393:     3,779      2,385
Other:    13,555:       159      1,332        168     10,402      7,480     10,729      8,980:     2,826      4,575
     :          :                                                                            :
     :          :          Changes in Commitments from: May 10, 2005                         :
     :       930:       -77      2,228        274      1,452        172      1,649      2,674:      -719     -1,744
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       7.3       21.1        5.0       64.4       49.3       76.7       75.4:      23.3       24.6
Old  :     100.0:      21.4       40.0        0.0       53.0       43.8       74.4       83.9:      25.6       16.1
Other:     100.0:       1.2        9.8        1.2       76.7       55.2       79.2       66.2:      20.8       33.8
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        43:         9         11          8         21         12         32         29:
Old  :        42:        10         10          0         15         10         25         20:
Other:        28:         4          6          5         15         11         22         19:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 40.3       40.1       53.9       53.7       36.9       37.2       47.7       47.0
Old  :                 40.4       42.7       53.6       60.6       37.9       42.2       50.7       60.2
Other:                 49.7       47.9       66.7       57.9       49.7       38.2       60.6       45.5
 
 

Updated May 20, 2005