WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, July 5, 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  :    26,925:     2,282      1,544        459     18,659     17,134     21,400     19,137:     5,525      7,788
Old  :    26,857:     2,262      1,544        459     18,659     17,130     21,380     19,133:     5,477      7,724
Other:        68:        20          0          0          0          4         20          4:        48         64
     :          :                                                                            :
     :          :          Changes in Commitments from: June 28, 2005                        :
     :    -1,184:       496        396       -310       -821       -677       -635       -591:      -549       -593
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       8.5        5.7        1.7       69.3       63.6       79.5       71.1:      20.5       28.9
Old  :     100.0:       8.4        5.7        1.7       69.5       63.8       79.6       71.2:      20.4       28.8
Other:     100.0:      29.4        0.0        0.0        0.0        5.9       29.4        5.9:      70.6       94.1
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        40:         7          5          2         19         20         27         26:
Old  :        40:         7          5          2         19         20         27         26:
Other:         3:         1          0          0          0          2          1          2:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 48.8       47.3       61.8       58.2       48.4       43.7       59.6       51.6
Old  :                 48.9       47.4       62.0       58.3       48.5       43.8       59.8       51.8
Other:                 29.4        5.9       29.4        5.9       29.4        5.9       29.4        5.9
 
 

Updated July 8, 2005