WHEAT - MINNEAPOLIS GRAIN EXCHANGE
OPTION AND FUTURES COMBINED POSITIONS AS OF 05/31/05          |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  Long  | Short  |Spreads |  Long  | Short  |  Long  | Short  |  Long  | Short
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       32,628
COMMITMENTS
   2,487    3,002    1,606   20,328   17,328   24,422   21,936    8,207   10,692

CHANGES FROM 05/24/05 (CHANGE IN OPEN INTEREST:        781)
     127     -577     -575      653      812      205     -340      577    1,121

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADER
     7.6      9.2      4.9     62.3     53.1     74.8     67.2     25.2     32.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       42)
       7       11        7       21       16       33       29
 

Updated June 3, 2005