WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, June 28, 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  :    28,109:     1,787      1,148        768     19,480     17,812     22,035     19,728:     6,074      8,381
Old  :     2,198:       119          0          0      1,011      1,376      1,130      1,376:     1,068        822
Other:    25,911:     1,770      1,250        666     18,469     16,436     20,905     18,352:     5,006      7,559
     :          :                                                                            :
     :          :          Changes in Commitments from: June 21, 2005                        :
     :    -4,546:       222       -819        -10       -805       -349       -593     -1,178:    -3,953     -3,368
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       6.4        4.1        2.7       69.3       63.4       78.4       70.2:      21.6       29.8
Old  :     100.0:       5.4        0.0        0.0       46.0       62.6       51.4       62.6:      48.6       37.4
Other:     100.0:       6.8        4.8        2.6       71.3       63.4       80.7       70.8:      19.3       29.2
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        36:         6          3          3         19         20         26         25:
Old  :        18:         1          0          0          9          9         10          9:
Other:        36:         5          4          3         18         18         25         23:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 46.5       47.0       60.4       57.9       45.9       43.0       56.6       50.5
Old  :                 43.7       53.7       50.4       62.6       39.4       53.7       46.0       58.3
Other:                 50.2       47.6       64.1       58.3       49.9       45.3       61.4       53.3
 
 

Updated July 1, 2005