WHEAT - MINNEAPOLIS GRAIN EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/15/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       37,731
COMMITMENTS
   1,537    2,185    1,059   22,875   20,200   25,470   23,444   12,261   14,287

CHANGES FROM 03/08/05 (CHANGE IN OPEN INTEREST:      2,599)
     426     -717        7    1,627    1,565    2,059      855      540    1,745

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.1      5.8      2.8     60.6     53.5     67.5     62.1     32.5     37.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       36)
       4        6        3       21       17       27       24
 

Updated March 18, 2005