WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, April 19, 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  :    38,918:     1,925     10,116      2,552     24,021     14,600     28,498     27,268:    10,420     11,650
Old  :    27,511:     3,171     10,177      1,069     15,737      8,988     19,977     20,234:     7,534      7,277
Other:    11,407:       136      1,321        102      8,284      5,612      8,521      7,034:     2,886      4,373
     :          :                                                                            :
     :          :          Changes in Commitments from: April 12, 2005                       :
     :     6,487:       829      5,876        688      3,522       -683      5,039      5,881:     1,448        606
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       4.9       26.0        6.6       61.7       37.5       73.2       70.1:      26.8       29.9
Old  :     100.0:      11.5       37.0        3.9       57.2       32.7       72.6       73.5:      27.4       26.5
Other:     100.0:       1.2       11.6        0.9       72.6       49.2       74.7       61.7:      25.3       38.3
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        52:        11         12          9         27         16         41         35:
Old  :        52:        13         11          6         26         15         39         32:
Other:        30:         2          8          4         15         13         21         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  :                 32.9       30.7       47.2       45.9       28.0       26.4       38.1       35.9
Old  :                 32.8       35.4       45.8       50.2       28.7       35.4       39.2       44.8
Other:                 45.7       36.4       64.3       49.7       40.6       29.4       54.5       39.5
 
 

Updated April 22, 2005