WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, May 3, 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  :    28,207:     1,965      3,054      1,528     17,495     13,864     20,988     18,446:     7,219      9,762
Old  :    16,245:     2,916      3,101        239      8,725      8,209     11,880     11,548:     4,365      4,696
Other:    11,963:       139      1,043        199      8,770      5,655      9,108      6,897:     2,854      5,065
     :          :                                                                            :
     :          :          Changes in Commitments from: April 26, 2005                       :
     :    -1,869:       189       -687       -698       -441       -192       -950     -1,578:      -919       -291
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       7.0       10.8        5.4       62.0       49.1       74.4       65.4:      25.6       34.6
Old  :     100.0:      18.0       19.1        1.5       53.7       50.5       73.1       71.1:      26.9       28.9
Other:     100.0:       1.2        8.7        1.7       73.3       47.3       76.1       57.7:      23.9       42.3
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        42:         6         11          7         22         16         33         29:
Old  :        41:         9          8          3         17         14         27         24:
Other:        27:         3          5          4         14         13         20         19:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 39.3       35.9       53.2       48.5       36.9       30.3       47.7       38.9
Old  :                 40.4       35.3       51.9       53.0       36.2       33.6       46.8       50.0
Other:                 47.8       42.3       65.1       51.5       47.3       33.6       60.2       41.7
 
 

Updated May 6, 2005