WHEAT - MINNEAPOLIS GRAIN EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/01/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       36,122
COMMITMENTS
   1,063    3,627    1,423   21,741   19,010   24,228   24,060   11,895   12,062

CHANGES FROM 02/22/05 (CHANGE IN OPEN INTEREST:     -3,922)
     174   -4,419     -982   -2,234    1,140   -3,042   -4,261     -881      339

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     2.9     10.0      3.9     60.2     52.6     67.1     66.6     32.9     33.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       43)
       6       10        6       19       21       29       33
 

Updated March 4, 2005