WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, April 5, 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  :    31,934:     1,107      3,370      1,630     20,652     15,824     23,389     20,824:     8,545     11,111
Old  :    22,260:     1,740      3,236        902     13,567     10,798     16,209     14,935:     6,051      7,324
Other:     9,674:         0        767         95      7,086      5,026      7,181      5,888:     2,494      3,786
     :          :                                                                            :
     :          :          Changes in Commitments from: March 29, 2005                       :
     :    -3,387:      -675      1,895        102     -1,017     -3,357     -1,590     -1,360:    -1,797     -2,028
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       3.5       10.6        5.1       64.7       49.6       73.2       65.2:      26.8       34.8
Old  :     100.0:       7.8       14.5        4.1       60.9       48.5       72.8       67.1:      27.2       32.9
Other:     100.0:       0.0        7.9        1.0       73.2       52.0       74.2       60.9:      25.8       39.1
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        39:         5          9          6         22         17         31         28:
Old  :        39:         7          7          6         20         16         29         27:
Other:        26:         0          6          5         12         14         17         20:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 33.9       31.8       51.0       44.4       26.5       20.8       38.3       29.0
Old  :                 37.8       34.7       52.4       48.3       26.2       28.8       39.0       39.7
Other:                 43.8       33.6       67.6       48.7       39.5       30.7       58.3       42.2
 
 

Updated April 8, 2005