WHEAT - MINNEAPOLIS GRAIN EXCHANGE
FUTURES ONLY POSITIONS AS OF 07/12/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       26,112
COMMITMENTS
   2,440    1,523      356   17,873   17,246   20,669   19,125    5,443    6,987

CHANGES FROM 07/05/05 (CHANGE IN OPEN INTEREST:        208)
      45      -21      103     -391      288     -243      370      451     -162

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     9.3      5.8      1.4     68.4     66.0     79.2     73.2     20.8     26.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       41)
       7        5        3       20       19       29       26
 

Updated July 15, 2005