WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, April 12, 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  :    32,431:     1,096      4,240      1,865     20,499     15,283     23,459     21,388:     8,972     11,044
Old  :    22,319:     1,650      4,256      1,050     13,129     10,171     15,828     15,477:     6,491      6,843
Other:    10,112:       134        672        127      7,370      5,112      7,631      5,911:     2,481      4,201
     :          :                                                                            :
     :          :          Changes in Commitments from: April 5, 2005                        :
     :       497:       -11        871        235       -154       -541         70        564:       427        -67
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       3.4       13.1        5.7       63.2       47.1       72.3       65.9:      27.7       34.1
Old  :     100.0:       7.4       19.1        4.7       58.8       45.6       70.9       69.3:      29.1       30.7
Other:     100.0:       1.3        6.7        1.3       72.9       50.5       75.5       58.5:      24.5       41.5
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        42:         4         12          7         24         17         34         30:
Old  :        42:         7          9          6         21         17         30         30:
Other:        27:         2          5          5         13         13         19         19:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 34.5       30.2       49.9       43.7       27.1       19.3       39.1       29.1
Old  :                 36.4       32.6       49.1       48.3       29.3       28.6       40.6       40.8
Other:                 44.8       34.2       67.2       49.4       39.8       28.6       57.5       40.4
 
 

Updated April 15, 2005