```
WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                      Code-001626
Commitments of Traders with Delta-adjusted Options and Futures Combined, January 25, 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  :    71,593:    20,186      3,263      9,407     25,439     43,397     55,032     56,067:    16,561     15,527
Old  :    49,813:    15,746      5,597      5,810     15,486     28,945     37,041     40,352:    12,772      9,461
Other:    21,780:     7,212        437        825      9,953     14,452     17,991     15,715:     3,789      6,065
     :          :                                                                            :
     :          :          Changes in Commitments from: January 18, 2011                     :
     :     1,547:       205        157        371        848        523      1,424      1,051:       123        496
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      28.2        4.6       13.1       35.5       60.6       76.9       78.3:      23.1       21.7
Old  :     100.0:      31.6       11.2       11.7       31.1       58.1       74.4       81.0:      25.6       19.0
Other:     100.0:      33.1        2.0        3.8       45.7       66.4       82.6       72.2:      17.4       27.8
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        89:        30         14         24         32         30         74         58:
Old  :        86:        22         21         19         29         29         65         57:
Other:        56:        20          5         11         16         20         39         33:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 22.4       39.1       33.3       48.4       18.1       36.3       26.6       43.2
Old  :                 19.0       34.2       28.9       46.7       18.7       31.0       27.4       42.5
Other:                 47.4       53.4       59.4       59.7       47.4       53.4       59.3       59.6
```

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Updated January 28, 2011