WHEAT - MINNEAPOLIS GRAIN EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 06/28/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       28,109
COMMITMENTS
   1,787    1,148      768   19,480   17,812   22,035   19,728    6,074    8,381

CHANGES FROM 06/21/05 (CHANGE IN OPEN INTEREST:     -4,546)
     222     -819      -10     -805     -349     -593   -1,178   -3,953   -3,368

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     6.4      4.1      2.7     69.3     63.4     78.4     70.2     21.6     29.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       36)
       6        3        3       19       20       26       25
 

Updated July 1, 2005