WHEAT - MINNEAPOLIS GRAIN EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 03/22/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       37,900
COMMITMENTS
   1,835    1,954    2,057   22,995   20,054   26,887   24,066   11,013   13,834

CHANGES FROM 03/15/05 (CHANGE IN OPEN INTEREST:        169)
     298     -231      998      121     -146    1,417      621   -1,248     -452

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.8      5.2      5.4     60.7     52.9     70.9     63.5     29.1     36.5

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       43)
       5       10        9       24       18       37       30
 

Updated March 25, 2005