WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, July 26, 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  :    27,459:     2,132      2,425        663     18,554     16,169     21,349     19,257:     6,110      8,202
Old  :    27,369:     2,132      2,425        663     18,552     16,159     21,347     19,247:     6,022      8,122
Other:        90:         0          0          0          2         10          2         10:        88         80
     :          :                                                                            :
     :          :          Changes in Commitments from: July 19, 2005                        :
     :       734:      -294      1,073        -98      1,196       -943        804         31:       -70        703
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       7.8        8.8        2.4       67.6       58.9       77.7       70.1:      22.3       29.9
Old  :     100.0:       7.8        8.9        2.4       67.8       59.0       78.0       70.3:      22.0       29.7
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:         6          8          3         24         18         33         27:
Old  :        44:         6          8          3         24         18         33         27:
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  :                 39.2       47.0       51.0       55.4       35.3       38.8       45.8       45.3
Old  :                 39.3       47.1       51.2       55.5       35.4       38.9       45.9       45.4
Other:                  2.2       11.1        2.2       11.1        2.2       11.1        2.2       11.1
 
 

Updated July 29, 2005