WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders - Futures Only, June 28, 2005                   
-------------------------------------------------------------------------------------------------------------------
     :   Total  :                        Reportable Positions                                :   Nonreportable
     :----------------------------------------------------------------------------------------     Positions
     :   Open   :           Non-Commercial       :     Commercial      :       Total         :
     : Interest :   Long   :  Short   : Spreading:   Long   :  Short   :   Long   :  Short   :   Long   :  Short
-------------------------------------------------------------------------------------------------------------------
     :          : (CONTRACTS OF 5,000 BUSHELS)                                               :
     :          :                                                                            :
All  :    27,161:     1,923      1,148        549     19,060     17,684     21,532     19,381:     5,629      7,780
Old  :     2,198:       119          0          0      1,011      1,376      1,130      1,376:     1,068        822
Other:    24,963:     1,906      1,250        447     18,049     16,308     20,402     18,005:     4,561      6,958
     :          :                                                                            :
     :          :          Changes in Commitments from: June 21, 2005                        :
     :    -3,616:       250       -810        138       -344         82         44       -590:    -3,660     -3,026
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       7.1        4.2        2.0       70.2       65.1       79.3       71.4:      20.7       28.6
Old  :     100.0:       5.4        0.0        0.0       46.0       62.6       51.4       62.6:      48.6       37.4
Other:     100.0:       7.6        5.0        1.8       72.3       65.3       81.7       72.1:      18.3       27.9
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        35:         6          3          3         19         19         26         24:
Old  :        18:         1          0          0          9          9         10          9:
Other:        35:         5          4          3         18         17         25         22:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 47.5       48.6       61.6       59.9       47.1       44.5       57.3       52.2
Old  :                 43.7       53.7       50.4       62.6       39.4       53.7       46.0       58.3
Other:                 51.4       49.4       65.1       60.5       51.4       47.0       62.4       55.3
 
 

Updated July 1, 2005