WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, March 1, 2005                   
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
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     :          : (CONTRACTS OF 5,000 BUSHELS)                                               :
     :          :                                                                            :
All  :    36,122:     1,063      3,627      1,423     21,741     19,010     24,228     24,060:    11,895     12,062
Old  :    28,782:     1,749      3,674        447     17,038     14,299     19,234     18,420:     9,548     10,363
Other:     7,340:       185        824        106      4,703      4,711      4,994      5,641:     2,346      1,700
     :          :                                                                            :
     :          :          Changes in Commitments from: February 22, 2005                    :
     :    -3,922:       174     -4,419       -982     -2,234      1,140     -3,042     -4,261:      -881        339
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       2.9       10.0        3.9       60.2       52.6       67.1       66.6:      32.9       33.4
Old  :     100.0:       6.1       12.8        1.6       59.2       49.7       66.8       64.0:      33.2       36.0
Other:     100.0:       2.5       11.2        1.4       64.1       64.2       68.0       76.8:      32.0       23.2
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        43:         6         10          6         19         21         29         33:
Old  :        43:         6         10          5         18         21         28         32:
Other:        26:         4          2          4         10         16         15         21:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 34.2       31.1       50.9       43.8       21.4       16.8       33.3       24.6
Old  :                 40.4       31.3       52.9       43.5       24.3       20.5       33.6       28.1
Other:                 44.3       44.8       61.4       66.3       39.7       41.9       52.4       59.1
 
 

Updated March 4, 2005