Note 2 – Liquidation of Funds

On December 18, 2014 the Teucrium WTI Crude Oil Fund ("CRUD") and the Natural Gas Fund ("NAGS"), both series of the Trust ceased trading on the NYSE Arca and the Sponsor liquidated all commodity futures contracts held by these Funds. All positions were sold through an exchange to unrelated parties. On December 22, 2014 the Bank of New York Mellon who served as the Fund's Administrator and Custodian, proceeded to distribute cash to all shareholders in an amount equal to each shareholder's pro rata interest in the respective fund. On December 30, 2014, the Sponsor completed the liquidation of all of the assets of NAGS and CRUD. During 2014, CRUD had $728,663 in subscriptions and $2,008,553 in redemptions, including the shares redeemed as part of the liquidation. During 2014, NAGS had $576,142 in subscriptions and $2,311,504 in redemptions, including the shares redeemed as part of the liquidation. There were zero assets and liabilities as of December 31, 2014. The Form 15 was filed with the SEC on January 9, 2015.

The following summarized financial information presents the results of operations for NAGS and other data for all periods presented, which have been included in continuing operations for all years presented.

	Year ended			Year ended
	December 31, 2014			December 31, 2013
Total (Loss) Income	$	(16,003	)	$	60,077
Total Expenses	$	131,501		$	132,357
Total Expenses, net	$	21,890		$	51,387
Net (Loss) Income	$	(37,893	)	$	8,690

The following summarized financial information presents the results of operations for CRUD and other data for all periods presented, which have been included in continuing operations for all years presented.

	Year ended			Year ended
	December 31, 2014			December 31, 2013
Total (Loss) Income	$	(734,326	)	$	85,793
Total Expenses	$	166,176		$	106,875
Total Expenses, net	$	34,852		$	30,412
Net (Loss) Income	$	(769,178	)	$	55,381