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, 2019 and 2018.

	Three months ended			Three months ended		Three months ended			Three months ended
	March 31, 2019			June 30, 2019		September 30, 2019			December 31, 2019
Total Income (Loss)	$	(2,641,781	)	$	4,818,848	$	(6,305,081	)	$	(1,567,297	)
Total Expenses		510,239			682,968		814,454			729,564
Total Expenses, net		504,600			682,968		804,454			729,564
Net Income (Loss)	$	(3,146,381	)	$	4,135,880	$	(7,109,535	)	$	(2,296,861	)
Net Income (Loss) per share	$	(0.89	)	$	1.18	$	(1.18	)	$	(0.40	)

	Three months ended		Three months ended			Three months ended			Three months ended
	March 31, 2018		June 30, 2018			September 30, 2018			December 31, 2018
Total Income (Loss)	$	5,507,209	$	(6,465,079	)	$	(1,727,463	)	$	1,792,478
Total Expenses		670,883		754,733			683,626			692,119
Total Expenses, net		630,201		656,692			651,503			582,148
Net Income (Loss)	$	4,877,008	$	(7,121,771	)	$	(2,378,966	)	$	1,210,330
Net Income (Loss) per share	$	1.24	$	(1.56	)	$	(0.59	)	$	(1.49	)

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, 2019 and 2018.

	Three months ended			Three months ended			Three months ended			Three months ended
	March 31, 2019			June 30, 2019			September 30, 2019			December 31, 2019
Total (Loss) Income	$	(303,245	)	$	744,160		$	(305,701	)	$	846,227
Total Expenses		288,839			303,108			271,010			241,988
Total Expenses, net		225,927			269,717			271,010			241,988
Net Income (Loss)	$	(529,172	)	$	474,443		$	(576,711	)	$	604,239
Net Income (Loss) per share	$	(0.41	)	$	(0.07	)	$	(0.21	)	$	0.34

	Three months ended		Three months ended			Three months ended			Three months ended
	March 31, 2018		June 30, 2018			September 30, 2018			December 31, 2018
Total (Loss) Income	$	854,752	$	(2,378,109	)	$	(292,647	)	$	827,947
Total Expenses		215,850		240,283			424,902			290,357
Total Expenses, net		115,908		155,798			261,424			243,671
Net Income (Loss)	$	738,844	$	(2,533,907	)	$	(554,071	)	$	584,276
Net Income (Loss) per share	$	1.19	$	(2.82	)	$	(0.39	)	$	0.37

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, 2019 and 2018.

	Three months ended		Three months ended			Three months ended			Three months ended
	March 31, 2019		June 30, 2019			September 30, 2019			December 31, 2019
Total Income (Loss)	$	488,023	$	(271,558	)	$	(486,975	)	$	785,997
Total Expenses		135,037		151,926			118,027			133,697
Total Expenses, net		93,555		93,972			80,834			98,580
Net Income (Loss)	$	394,468	$	(365,530	)	$	(567,809	)	$	687,417
Net Income (Loss) per share	$	0.23	$	(0.20	)	$	(0.45	)	$	0.39

	Three months ended			Three months ended			Three months ended			Three months ended
	March 31, 2018			June 30, 2018			September 30, 2018			December 31, 2018
Total Income (Loss)	$	(1,127,935	)	$	(689,717	)	$	(1,857,077	)	$	1,678,297
Total Expenses		141,974			182,157			213,470			170,674
Total Expenses, net		61,284			115,948			142,099			120,024
Net Income (Loss)	$	(1,189,219	)	$	(805,665	)	$	(1,999,176	)	$	1,558,273
Net Income (Loss) per share	$	(1.50	)	$	(0.67	)	$	(0.99	)	$	0.44

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, 2019 and 2018.

	Three months ended			Three months ended		Three months ended			Three months ended
	March 31, 2019			June 30, 2019		September 30, 2019			December 31, 2019
Total Income (Loss)	$	(5,839,784	)	$	5,372,766	$	(3,968,920	)	$	5,186,121
Total Expenses		495,266			544,200		409,653			395,509
Total Expenses, net		492,766			544,200		409,653			395,509
Net Income (Loss)	$	(6,332,550	)	$	4,828,566	$	(4,378,573	)	$	4,790,612
Net Income (Loss) per share	$	(0.65	)	$	0.45	$	(0.44	)	$	0.53

	Three months ended		Three months ended		Three months ended			Three months ended
	March 31, 2018		June 30, 2018		September 30, 2018			December 31, 2018
Total Income (Loss)	$	2,696,228	$	2,560,956	$	(533,797	)	$	(2,267,398	)
Total Expenses		656,128		772,566		679,205			567,581
Total Expenses, net		632,359		651,551		635,374			521,460
Net Income (Loss)	$	2,063,869	$	1,909,405	$	(1,169,171	)	$	(2,788,858	)
Net Income (Loss) per share	$	0.20	$	0.18	$	(0.13	)	$	(0.29	)

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, 2019 and 2018.

	Three months ended			Three months ended		Three months ended			Three months ended
	March 31, 2019			June 30, 2019		September 30, 2019			December 31, 2019
Total (Loss) Income	$	(60,556	)	$	47,570	$	(84,363	)	$	54,151
Total Expenses		22,301			7,876		4,686			8,436
Total Expenses, net		717			695		683			687
Net (Loss) Income	$	(61,273	)	$	46,875	$	(85,046	)	$	53,464
Net (Loss) Income per share	$	(0.82	)	$	0.63	$	(1.14	)	$	0.72

	Three months ended		Three months ended			Three months ended			Three months ended
	March 31, 2018		June 30, 2018			September 30, 2018			December 31, 2018
Total Income (Loss)	$	3,444	$	(133,431	)	$	(80,986	)	$	26,092
Total Expenses		18,629		12,096			10,539			14,207
Total Expenses, net		1,414		2,010			1,911			1,770
Net Income (Loss)	$	2,030	$	(135,441	)	$	(82,897	)	$	24,322
Net Income (Loss) per share	$	0.04	$	(1.68	)	$	(1.10	)	$	0.32