WHEAT - MINNEAPOLIS GRAIN EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 07/26/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       27,459
COMMITMENTS
   2,132    2,425      663   18,554   16,169   21,349   19,257    6,110    8,202

CHANGES FROM 07/19/05 (CHANGE IN OPEN INTEREST:        734)
    -294    1,073      -98    1,196     -943      804       31      -70      703

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     7.8      8.8      2.4     67.6     58.9     77.7     70.1     22.3     29.9

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       44)
       6        8        3       24       18       33       27
 

Updated July 29, 2005