WHEAT - MINNEAPOLIS GRAIN EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/31/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       30,980
COMMITMENTS
   2,526    2,981    1,320   19,583   16,845   23,429   21,146    7,551    9,834

CHANGES FROM 05/24/05 (CHANGE IN OPEN INTEREST:        752)
    -124     -569     -228      738      732      386      -65      366      817

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     8.2      9.6      4.3     63.2     54.4     75.6     68.3     24.4     31.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       41)
       8       10        7       21       14       33       27
 

Updated June 3, 2005