WHEAT - MINNEAPOLIS GRAIN EXCHANGE
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 4, 2005
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: Total : Reportable Positions : Nonreportable
:---------------------------------------------------------------------------------------- Positions
: Open : Non-Commercial : Commercial : Total :
: Interest : Long : Short : Spreading: Long : Short : Long : Short : Long : Short
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: : (CONTRACTS OF 5,000 BUSHELS) :
: : :
All : 36,901: 462 10,723 2,746 25,508 16,500 28,716 29,969: 8,185 6,932
Old : 34,542: 1,440 10,711 1,673 23,838 15,829 26,951 28,213: 7,591 6,329
Other: 2,359: 18 1,007 77 1,670 671 1,765 1,756: 594 603
: : :
: : Changes in Commitments from: December 28, 2004 :
: 1,451: -346 1,003 90 1,998 675 1,742 1,768: -291 -316
: : :
: : Percent of Open Interest Represented by Each Category of Trader :
All : 100.0: 1.3 29.1 7.4 69.1 44.7 77.8 81.2: 22.2 18.8
Old : 100.0: 4.2 31.0 4.8 69.0 45.8 78.0 81.7: 22.0 18.3
Other: 100.0: 0.8 42.7 3.3 70.8 28.4 74.8 74.4: 25.2 25.6
: : :
:# Traders : Number of Traders in Each Category :
All : 76: 8 25 12 37 23 50 56:
Old : 75: 9 24 10 36 21 49 52:
Other: 30: 3 6 6 12 12 18 21:
:----------------------------------------------------------------------------------------------------
: 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 : 37.5 31.8 49.7 47.6 19.1 19.2 27.1 28.4
Old : 39.3 33.5 50.6 50.3 19.2 20.6 27.8 30.4
Other: 49.0 56.0 64.4 67.7 41.5 50.5 55.0 58.2
Updated January 7, 2005