WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, March 8, 2005                   
-------------------------------------------------------------------------------------------------------------------
     :   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  :    35,132:     1,111      2,902      1,052     21,248     18,635     23,411     22,590:    11,721     12,542
Old  :    27,532:     1,877      2,838        170     16,136     13,933     18,183     16,942:     9,349     10,590
Other:     7,600:        49        879         67      5,112      4,702      5,228      5,648:     2,372      1,952
     :          :                                                                            :
     :          :          Changes in Commitments from: March 1, 2005                        :
     :      -990:        48       -725       -371       -493       -374       -816     -1,470:      -174        480
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       3.2        8.3        3.0       60.5       53.0       66.6       64.3:      33.4       35.7
Old  :     100.0:       6.8       10.3        0.6       58.6       50.6       66.0       61.5:      34.0       38.5
Other:     100.0:       0.6       11.6        0.9       67.3       61.9       68.8       74.3:      31.2       25.7
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        38:         5          7          3         21         20         28         28:
Old  :        38:         6          6          2         17         20         24         27:
Other:        24:         1          2          2         13         15         15         18:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 34.1       33.0       50.1       44.9       21.2       17.6       31.7       24.7
Old  :                 40.4       32.1       51.5       44.8       22.3       21.1       31.9       29.1
Other:                 44.8       44.2       62.5       65.1       39.1       41.4       53.2       57.5
 
 

Updated March 11, 2005