WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, May 10, 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  :    28,766:     1,794      3,768      1,692     17,630     14,047     21,116     19,506:     7,651      9,260
Old  :    15,864:     2,775      3,833        298      8,174      7,711     11,247     11,841:     4,617      4,022
Other:    12,903:       156      1,072        257      9,455      6,336      9,868      7,665:     3,034      5,238
     :          :                                                                            :
     :          :          Changes in Commitments from: May 3, 2005                          :
     :       559:      -171        714        164        135        183        127      1,061:       432       -502
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       6.2       13.1        5.9       61.3       48.8       73.4       67.8:      26.6       32.2
Old  :     100.0:      17.5       24.2        1.9       51.5       48.6       70.9       74.6:      29.1       25.4
Other:     100.0:       1.2        8.3        2.0       73.3       49.1       76.5       59.4:      23.5       40.6
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        41:         8         10          7         19         13         30         27:
Old  :        40:        10          8          3         15         12         25         23:
Other:        26:         3          5          4         13         12         19         18:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 39.5       36.5       52.9       50.3       36.7       32.5       46.7       41.7
Old  :                 40.7       36.9       52.3       55.1       37.4       36.6       48.4       54.6
Other:                 46.9       44.5       64.4       52.8       46.4       34.5       58.5       41.6
 
 

Updated May 13, 2005