WHEAT - MINNEAPOLIS GRAIN EXCHANGE
FUTURES ONLY POSITIONS AS OF 06/21/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       30,777
COMMITMENTS
   1,673    1,958      411   19,404   17,602   21,488   19,971    9,289   10,806

CHANGES FROM 06/14/05 (CHANGE IN OPEN INTEREST:      1,277)
    -466   -1,253     -149      684    2,821       69    1,419    1,208     -142

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     5.4      6.4      1.3     63.0     57.2     69.8     64.9     30.2     35.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       34)
       4        7        2       18       17       23       25
 

Updated June 24, 2005