WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, April 26, 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  :    30,076:     1,776      3,741      2,227     17,936     14,056     21,938     20,023:     8,138     10,053
Old  :    18,717:     2,689      3,671        995      9,636      8,696     13,319     13,362:     5,397      5,355
Other:    11,359:       138      1,121        181      8,300      5,360      8,619      6,662:     2,741      4,698
     :          :                                                                            :
     :          :          Changes in Commitments from: April 19, 2005                       :
     :    -8,842:      -149     -6,375       -326     -6,085       -544     -6,560     -7,245:    -2,282     -1,597
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       5.9       12.4        7.4       59.6       46.7       72.9       66.6:      27.1       33.4
Old  :     100.0:      14.4       19.6        5.3       51.5       46.5       71.2       71.4:      28.8       28.6
Other:     100.0:       1.2        9.9        1.6       73.1       47.2       75.9       58.6:      24.1       41.4
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        46:         6         12          9         23         17         36         33:
Old  :        45:         9         10          8         17         17         30         32:
Other:        28:         3          6          4         14         13         20         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  :                 37.4       32.7       50.2       44.6       35.5       28.0       44.5       36.4
Old  :                 37.5       33.7       49.4       47.4       34.7       32.1       45.8       45.5
Other:                 43.3       39.2       64.0       49.6       42.6       29.3       57.8       39.3
 
 

Updated April 29, 2005