WHEAT - MINNEAPOLIS GRAIN EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/08/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       35,132
COMMITMENTS
   1,111    2,902    1,052   21,248   18,635   23,411   22,590   11,721   12,542

CHANGES FROM 03/01/05 (CHANGE IN OPEN INTEREST:       -990)
      48     -725     -371     -493     -374     -816   -1,470     -174      480

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     3.2      8.3      3.0     60.5     53.0     66.6     64.3     33.4     35.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       38)
       5        7        3       21       20       28       28
 

Updated March 11, 2005