WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, June 7, 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  :    31,143:     2,396      3,030      1,253     19,968     16,254     23,618     20,538:     7,525     10,605
Old  :    12,949:     2,897      3,080        121      5,219      5,119      8,238      8,321:     4,711      4,628
Other:    18,194:       147        599        484     14,749     11,135     15,380     12,217:     2,814      5,977
     :          :                                                                            :
     :          :          Changes in Commitments from: May 31, 2005                         :
     :    -1,485:       -91         29       -353       -360     -1,074       -804     -1,398:      -682        -87
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       7.7        9.7        4.0       64.1       52.2       75.8       65.9:      24.2       34.1
Old  :     100.0:      22.4       23.8        0.9       40.3       39.5       63.6       64.3:      36.4       35.7
Other:     100.0:       0.8        3.3        2.7       81.1       61.2       84.5       67.2:      15.5       32.8
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        41:         6         12          6         19         14         30         27:
Old  :        39:         9          9          2         14         11         24         21:
Other:        28:         2          5          3         16         13         21         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  :                 44.0       41.1       55.7       51.1       42.8       37.7       53.1       44.4
Old  :                 28.9       35.4       43.9       50.3       28.2       34.4       43.1       49.3
Other:                 62.9       49.1       74.0       59.1       62.5       45.9       71.5       51.7
 
 

Updated June 10, 2005