WHEAT - MINNEAPOLIS GRAIN EXCHANGE
FUTURES ONLY POSITIONS AS OF 06/28/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       27,161
COMMITMENTS
   1,923    1,148      549   19,060   17,684   21,532   19,381    5,629    7,780

CHANGES FROM 06/21/05 (CHANGE IN OPEN INTEREST:     -3,616)
     250     -810      138     -344       82       44     -590   -3,660   -3,026

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     7.1      4.2      2.0     70.2     65.1     79.3     71.4     20.7     28.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       35)
       6        3        3       19       19       26       24
 

Updated July 1, 2005