WHEAT - MINNEAPOLIS GRAIN EXCHANGE
FUTURES ONLY POSITIONS AS OF 03/15/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       35,268
COMMITMENTS
   1,689    2,185      884   21,504   19,131   24,077   22,200   11,191   13,068

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:      2,303)
     405     -717       25    1,426    1,327    1,856      635      447    1,668

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     4.8      6.2      2.5     61.0     54.2     68.3     62.9     31.7     37.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       36)
       4        6        2       21       16       27       22
 

Updated March 18, 2005