WHEAT - MINNEAPOLIS GRAIN EXCHANGE
FUTURES ONLY POSITIONS AS OF 07/19/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       25,702
COMMITMENTS
   2,428    1,241      677   17,004   16,963   20,109   18,881    5,593    6,821

CHANGES FROM 07/12/05 (CHANGE IN OPEN INTEREST:       -410)
     -12     -282      321     -869     -283     -560     -244      150     -166

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     9.4      4.8      2.6     66.2     66.0     78.2     73.5     21.8     26.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       44)
       7        8        5       22       20       33       29
 

Updated July 22, 2005