```
WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                      Code-001626
Commitments of Traders with Delta-adjusted Options and Futures Combined, November 22, 2011               
-------------------------------------------------------------------------------------------------------------------
     :   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  :    45,076:    15,717      1,068      3,789     13,188     28,471     32,694     33,328:    12,382     11,748
Old  :    38,603:    14,085        867      3,497     10,561     24,793     28,143     29,157:    10,461      9,446
Other:     6,473:     1,755        323        170      2,627      3,679      4,551      4,171:     1,922      2,302
     :          :                                                                            :
     :          :          Changes in Commitments from: November 15, 2011                    :
     :    -3,768:    -1,175          0        205     -1,477     -3,899     -2,447     -3,694:    -1,321        -74
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      34.9        2.4        8.4       29.3       63.2       72.5       73.9:      27.5       26.1
Old  :     100.0:      36.5        2.2        9.1       27.4       64.2       72.9       75.5:      27.1       24.5
Other:     100.0:      27.1        5.0        2.6       40.6       56.8       70.3       64.4:      29.7       35.6
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        55:        18          2         16         26         21         51         39:
Old  :        55:        19          2         16         26         20         51         38:
Other:        29:         5          3          2          9         13         15         18:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 28.4       48.2       41.7       56.5       27.0       47.0       38.8       53.5
Old  :                 29.5       49.5       42.6       57.8       28.5       48.1       39.8       54.7
Other:                 42.6       44.5       65.8       56.7       42.6       44.3       63.6       55.2
```

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Updated November 28, 2011