WHEAT - MINNEAPOLIS GRAIN EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 06/21/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       32,655
COMMITMENTS
   1,565    1,967      778   20,285   18,161   22,628   20,906   10,027   11,750

CHANGES FROM 06/14/05 (CHANGE IN OPEN INTEREST:      1,723)
    -547   -1,244      -22      955    3,011      386    1,745    1,337      -22

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     4.8      6.0      2.4     62.1     55.6     69.3     64.0     30.7     36.0

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       35)
       3        8        3       18       18       24       26
 

Updated June 24, 2005