The following summarized quarterly financial information presents the results of operations for the Teucrium Corn Fund and other data for three-month periods ended March 31, June 30, September 30 and December 31, 2017 and 2016.

	Three months ended March 31, 2017		Three months ended June 30, 2017		Three months ended September 30, 2017			Three months ended December 31, 2017
Total Income (Loss)	$	1,369,398	$	910,237	$	(4,763,833	)	$	(2,721,518	)
Total Expenses		724,668		762,626		729,672			701,970
Total Expenses, net		689,668		628,806		633,836			557,064
Net Income (Loss)		679,730		281,431		(5,397,669	)		(3,278,582	)
Net Income (Loss) per share	$	0.24	$	0.08	$	(1.49	)	$	(0.85	)

	Three months ended March 31, 2016			Three months ended June 30, 2016			Three months ended September 30, 2016			Three months ended December 31, 2016
Total (Loss) Income	$	(2,166,864	)	$	190,068		$	(5,440,285	)	$	822,595
Total Expenses		773,352			700,320			878,103			1,060,142
Total Expenses, net		773,352			700,320			743,942			751,969
Net (Loss) Income		(2,940,216	)		(510,252	)		(6,184,227	)		70,626
Net (Loss) Income per share	$	(1.05	)	$	0.15		$	(1.63	)	$	0.06

Quarterly Financial Data (Unaudited)

The following summarized quarterly financial information presents the results of operations for the Teucrium Soybean Fund and other data for three-month periods ended March 31, June 30, September 30 and December 31, 2017 and 2016.

	Three months ended March 31, 2017			Three months ended June 30, 2017			Three months ended September 30, 2017		Three months ended December 31, 2017
Total (Loss) Income	$	(462,474	)	$	98,980		$	257,072	$	(525,746	)
Total Expenses		126,800			118,451			147,452		217,398
Total Expenses, net		111,800			106,342			116,104		149,366
Net (Loss) Income		(574,274	)		(7,362	)		140,968		(675,112	)
Net (Loss) Income per share	$	(0.97	)	$	(0.01	)	$	0.23	$	(0.48	)

	Three months ended March 31, 2016		Three months ended June 30, 2016		Three months ended September 30, 2016			Three months ended December 31, 2016
Total Income (Loss)	$	456,077	$	2,124,042	$	(1,566,866	)	$	558,954
Total Expenses		86,484		122,710		189,647			147,752
Total Expenses, net		86,484		122,710		126,534			141,951
Net Income (Loss)		369,593		2,001,332		(1,693,400	)		417,003
Net Income (Loss) per share	$	0.68	$	3.35	$	(2.84	)	$	0.55

Quarterly Financial Data (Unaudited)

The following summarized quarterly financial information presents the results of operations for the Teucrium Sugar Fund and other data for three-month periods ended March 31, June 30, September 30 and December 31, 2017 and 2016.

	Three months ended March 31, 2017			Three months ended June 30, 2017			Three months ended September 30, 2017			Three months ended December 31, 2017
Total (Loss) Income	$	(572,243	)	$	(1,575,978	)	$	(120,913	)	$	176,299
Total Expenses		49,635			79,000			102,485			95,467
Total Expenses, net		36,557			53,714			57,299			49,683
Net (Loss) Income		(608,800	)		(1,629,692	)		(178,212	)		126,616
Net (Loss) Income per share	$	(1.18	)	$	(2.15	)	$	(0.21	)	$	0.36

	Three months ended March 31, 2016			Three months ended June 30, 2016		Three months ended September 30, 2016		Three months ended December 31, 2016
Total Income (Loss)	$	1,628		$	1,344,301	$	939,912	$	(796,550	)
Total Expenses		42,333			93,020		88,916		64,040
Total Expenses, net		27,353			34,614		40,873		37,188
Net (Loss) Income		(25,725	)		1,309,687		899,039		(833,738	)
Net Income (Loss) per share	$	0.51		$	2.39	$	1.73	$	(1.68	)

Quarterly Financial Data (Unaudited)

The following summarized quarterly financial information presents the results of operations for the Teucrium Wheat Fund and other data for three-month periods ended March 31, June 30, September 30 and December 31, 2017 and 2016.

	Three months ended March 31, 2017		Three months ended June 30, 2017		Three months ended September 30, 2017			Three months ended December 31, 2017
Total Income (Loss)	$	924,694	$	10,004,367	$	(8,961,538	)	$	(5,201,741	)
Total Expenses		594,271		615,698		714,365			754,279
Total Expenses, net		594,271		615,698		608,423			536,977
Net Income (Loss)		330,423		9,388,669		(9,569,961	)		(5,738,718	)
Net Income (Loss) per share	$	0.04	$	0.91	$	(1.27	)	$	(0.58	)

	Three months ended March 31, 2016			Three months ended June 30, 2016			Three months ended September 30, 2016			Three months ended December 31, 2016
Total Loss	$	(139,504	)	$	(2,771,883	)	$	(6,298,223	)	$	(2,187,317	)
Total Expenses		265,750			309,403			608,506			670,923
Total Expenses, net		265,750			309,403			558,990			580,411
Net Loss		(405,254	)		(3,081,286	)		(6,857,213	)		(2,767,728	)
Net Loss per share	$	(0.14	)	$	(0.79	)	$	(1.03	)	$	(0.30	)

Quarterly Financial Data (Unaudited)

The following summarized quarterly financial information presents the results of operations for the Teucrium Agricultural Fund and other data for three-month periods ended March 31, June 30, September 30 and December 31, 2017 and 2016.

	Three months ended March 31, 2017			Three months ended June 30, 2017			Three months ended September 30, 2017			Three months ended December 31, 2017
Total Loss	$	(39,152	)	$	(19,522	)	$	(76,451	)	$	(37,395	)
Total Expenses		23,355			7,036			7,525			8,565
Total Expenses, net		1,672			1,547			1,538			1,454
Net Loss		(40,824	)		(21,069	)		(77,989	)		(38,849	)
Net Loss per share	$	(0.82	)	$	(0.42	)	$	(1.56	)	$	(0.78	)

	Three months ended March 31, 2016		Three months ended June 30, 2016		Three months ended September 30, 2016			Three months ended December 31, 2016
Total Income (Loss)	$	9,249	$	104,911	$	(78,441	)	$	(41,940	)
Total Expenses		21,991		6,573		11,603			5,092
Total Expenses, net		1,634		1,760		1,710			1,696
Net Income (Loss)		7,615		103,151		(80,151	)		(43,636	)
Net Income (Loss) per share	$	0.15	$	2.06	$	(1.60	)	$	(0.87	)