WHEAT - MINNEAPOLIS GRAIN EXCHANGE
FUTURES ONLY POSITIONS AS OF 07/26/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       26,535
COMMITMENTS
   2,134    2,312      598   18,129   16,103   20,861   19,013    5,674    7,522

CHANGES FROM 07/19/05 (CHANGE IN OPEN INTEREST:        833)
    -294    1,071      -79    1,125     -860      752      132       81      701

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     8.0      8.7      2.3     68.3     60.7     78.6     71.7     21.4     28.3

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       44)
       7        7        3       24       16       33       25
 

Updated July 29, 2005