WHEAT - MINNEAPOLIS GRAIN EXCHANGE
FUTURES ONLY POSITIONS AS OF 05/24/05                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 BUSHELS)                         OPEN INTEREST:       30,228
COMMITMENTS
   2,650    3,550    1,548   18,845   16,113   23,043   21,211    7,185    9,017

CHANGES FROM 05/17/05 (CHANGE IN OPEN INTEREST:      1,895)
     580   -2,442      127      608    2,153    1,315     -162      580    2,057

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
     8.8     11.7      5.1     62.3     53.3     76.2     70.2     23.8     29.8

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:       47)
      11       11        9       23       14       38       30
 

Updated May 27, 2005