WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, June 21, 2005                   
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     :   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  :    32,655:     1,565      1,967        778     20,285     18,161     22,628     20,906:    10,027     11,750
Old  :     7,881:         0        862        169      2,750      2,472      2,919      3,504:     4,961      4,377
Other:    24,775:     1,588      1,127        586     17,535     15,689     19,709     17,402:     5,066      7,373
     :          :                                                                            :
     :          :          Changes in Commitments from: June 14, 2005                        :
     :     1,723:      -547     -1,244        -22        955      3,011        386      1,745:     1,337        -22
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       4.8        6.0        2.4       62.1       55.6       69.3       64.0:      30.7       36.0
Old  :     100.0:       0.0       10.9        2.2       34.9       31.4       37.0       44.5:      63.0       55.5
Other:     100.0:       6.4        4.5        2.4       70.8       63.3       79.6       70.2:      20.4       29.8
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        35:         3          8          3         18         18         24         26:
Old  :        23:         0          6          2         12          8         14         14:
Other:        32:         4          4          2         17         17         22         22:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 43.8       41.8       55.5       51.0       41.5       37.9       52.9       46.1
Old  :                 26.6       26.3       34.9       39.0       19.5       25.4       26.5       33.5
Other:                 55.2       47.8       67.2       59.5       54.8       46.7       66.8       56.8
 
 

Updated June 24, 2005