WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, March 29, 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  :    35,322:     1,782      1,474      1,528     21,669     19,180     24,979     22,183:    10,342     13,139
Old  :    26,092:     2,425      1,317        755     14,779     14,343     17,959     16,416:     8,133      9,677
Other:     9,229:         0        801        129      6,891      4,838      7,020      5,767:     2,209      3,462
     :          :                                                                            :
     :          :          Changes in Commitments from: March 22, 2005                       :
     :    -2,579:       -53       -480       -529     -1,326       -874     -1,908     -1,883:      -671       -696
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       5.0        4.2        4.3       61.3       54.3       70.7       62.8:      29.3       37.2
Old  :     100.0:       9.3        5.0        2.9       56.6       55.0       68.8       62.9:      31.2       37.1
Other:     100.0:       0.0        8.7        1.4       74.7       52.4       76.1       62.5:      23.9       37.5
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        39:         5          8          7         22         17         33         27:
Old  :        39:        10          4          6         18         17         29         26:
Other:        26:         0          6          4         12         14         16         20:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 32.9       34.0       49.9       46.4       23.0       19.6       35.6       26.7
Old  :                 38.0       34.8       51.8       48.8       22.8       27.7       35.9       37.5
Other:                 41.7       34.9       67.7       49.5       36.8       30.4       58.1       41.3
 

Updated April 1, 2005