```
WHEAT - MINNEAPOLIS GRAIN EXCHANGE                                                                      Code-001626
Commitments of Traders with Delta-adjusted Options and Futures Combined, December 13, 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  :    41,329:    14,011      1,606      3,123     14,649     25,726     31,783     30,455:     9,546     10,874
Old  :    34,236:    12,612      1,444      2,656     11,259     21,967     26,527     26,067:     7,709      8,169
Other:     7,093:     1,443        206        423      3,390      3,759      5,256      4,388:     1,837      2,705
     :          :                                                                            :
     :          :          Changes in Commitments from: December 6, 2011                     :
     :      -957:      -357        -94         93        714        346        449        345:    -1,406     -1,302
     :          :                                                                            :
     :          :    Percent of Open Interest Represented by Each Category of Trader         :
All  :     100.0:      33.9        3.9        7.6       35.4       62.2       76.9       73.7:      23.1       26.3
Old  :     100.0:      36.8        4.2        7.8       32.9       64.2       77.5       76.1:      22.5       23.9
Other:     100.0:      20.4        2.9        6.0       47.8       53.0       74.1       61.9:      25.9       38.1
     :          :                                                                            :
     :# Traders :              Number of Traders in Each Category                            :
All  :        47:        13          4         11         23         19         40         34:
Old  :        47:        13          5         11         23         18         40         33:
Other:        29:         7          2          3          9         11         17         15:
     :----------------------------------------------------------------------------------------------------
     :             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  :                 33.0       45.5       49.1       55.9       32.9       44.0       45.9       50.9
Old  :                 37.1       47.1       52.7       58.1       37.0       44.9       50.2       52.9
Other:                 40.0       43.5       62.6       58.0       40.0       43.4       60.6       53.9
```

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Updated December 16, 2011