WHEAT - MINNEAPOLIS GRAIN EXCHANGE
FUTURES ONLY POSITIONS AS OF 07/05/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       25,904
COMMITMENTS
   2,395    1,544      253   18,264   16,958   20,912   18,755    4,992    7,149

CHANGES FROM 06/28/05 (CHANGE IN OPEN INTEREST:     -1,257)
     472      396     -296     -796     -726     -620     -626     -637     -631

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     9.2      6.0      1.0     70.5     65.5     80.7     72.4     19.3     27.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       39)
       7        5        2       19       19       27       25
 

Updated July 8, 2005