Teucrium Commodity Trust - Teucrium Wheat Fund

Teucrium Commodity Trust - Teucrium Wheat Fund is an exchange-traded fund that provides investors with cost-efficient exposure to wheat futures contracts traded on the Chicago Board of Trade (CBOT). The fund holds futures contracts across multiple expiration dates rather than concentrating in front-month contracts, allowing it to capture broader wheat market dynamics while minimizing the impact of contango on returns. Investors can access wheat price movements through a traditional brokerage account without requiring a separate futures trading account. The fund invests approximately 35% in the second-to-expire wheat futures contract, 30% in the third-to-expire contract, and 35% in the December-following contract, with remaining assets held in cash and cash equivalents. As a commodity-focused ETF in the agriculture sector, it enables portfolio diversification and access to one of the world's essential grains. The fund is regulated by the Commodity Futures Trading Commission and does not track spot wheat prices; instead, its performance is influenced by futures curve dynamics and prevailing interest rates.