WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders - Futures Only, July 26, 2005                   
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 5,000 BUSHELS)                                               :
     :          :                                                                            :
All  :    26,535:     2,134      2,312        598     18,129     16,103     20,861     19,013:     5,674      7,522
Old  :    26,445:     2,134      2,312        598     18,127     16,093     20,859     19,003:     5,586      7,442
Other:        90:         0          0          0          2         10          2         10:        88         80
     :          :                                                                            :
     :          :          Changes in Commitments from: July 19, 2005                        :
     :       833:      -294      1,071        -79      1,125       -860        752        132:        81        701
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       8.0        8.7        2.3       68.3       60.7       78.6       71.7:      21.4       28.3
Old  :     100.0:       8.1        8.7        2.3       68.5       60.9       78.9       71.9:      21.1       28.1
Other:     100.0:       0.0        0.0        0.0        2.2       11.1        2.2       11.1:      97.8       88.9
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        44:         7          7          3         24         16         33         25:
Old  :        44:         7          7          3         24         16         33         25:
Other:         4:         0          0          0          1          3          1          3:
     :----------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 39.9       48.6       52.1       57.2       36.1       40.1       46.5       46.8
Old  :                 40.1       48.7       52.3       57.4       36.2       40.3       46.7       47.0
Other:                  2.2       11.1        2.2       11.1        2.2       11.1        2.2       11.1
 
 

Updated July 29, 2005