WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                            
Commitments of Traders with Delta-adjusted Options and Futures Combined, July 12, 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  :    27,078:     2,311      1,527        562     18,241     17,388     21,114     19,476:     5,964      7,602
Old  :    27,010:     2,311      1,547        542     18,241     17,384     21,094     19,472:     5,916      7,538
Other:        68:        20          0          0          0          4         20          4:        48         64
     :          :                                                                            :
     :          :          Changes in Commitments from: July 5, 2005                         :
     :       153:        29        -17        103       -417        254       -286        339:       439       -186
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:       8.5        5.6        2.1       67.4       64.2       78.0       71.9:      22.0       28.1
Old  :     100.0:       8.6        5.7        2.0       67.5       64.4       78.1       72.1:      21.9       27.9
Other:     100.0:      29.4        0.0        0.0        0.0        5.9       29.4        5.9:      70.6       94.1
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        42:         6          6          3         20         20         29         27:
Old  :        42:         6          6          3         20         20         29         27:
Other:         3:         1          0          0          0          2          1          2:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 46.8       47.5       59.9       57.4       46.5       43.3       57.6       51.6
Old  :                 46.9       47.6       60.0       57.5       46.6       43.4       57.7       51.8
Other:                 29.4        5.9       29.4        5.9       29.4        5.9       29.4        5.9
 
 

Updated July 15, 2005