```
WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                      Code-001626
Commitments of Traders with Delta-adjusted Options and Futures Combined, December 20, 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  :    40,892:    14,118      2,166      3,391     14,429     24,733     31,938     30,290:     8,954     10,602
Old  :    33,158:    12,822      1,984      2,835     10,589     20,479     26,246     25,298:     6,912      7,860
Other:     7,734:     1,520        407        332      3,840      4,254      5,692      4,992:     2,042      2,742
     :          :                                                                            :
     :          :          Changes in Commitments from: December 13, 2011                    :
     :      -437:       107        560        268       -220       -993        155       -165:      -592       -272
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      34.5        5.3        8.3       35.3       60.5       78.1       74.1:      21.9       25.9
Old  :     100.0:      38.7        6.0        8.5       31.9       61.8       79.2       76.3:      20.8       23.7
Other:     100.0:      19.7        5.3        4.3       49.6       55.0       73.6       64.5:      26.4       35.5
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        49:        13          7         12         23         19         42         36:
Old  :        49:        13          7         12         23         18         42         35:
Other:        33:         7          3          5          9         13         19         20:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 33.9       44.0       50.6       53.4       33.5       41.0       45.5       47.9
Old  :                 38.9       46.0       54.8       55.9       38.8       42.5       50.9       50.8
Other:                 40.6       41.1       60.3       53.8       40.6       41.1       59.5       53.8
```

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Updated December 23, 2011