WHEAT - MINNEAPOLIS GRAIN EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 07/19/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       26,725
COMMITMENTS
   2,426    1,352      761   17,357   17,112   20,545   19,226    6,180    7,499

CHANGES FROM 07/12/05 (CHANGE IN OPEN INTEREST:       -354)
     115     -174      200     -884     -276     -569     -250      216     -103

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     9.1      5.1      2.8     64.9     64.0     76.9     71.9     23.1     28.1

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       45)
       6        9        5       22       21       33       30
 

Updated July 22, 2005