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Subsequent Events
3 Months Ended
Mar. 31, 2022
Teucrium Commodity Trust - Combined [Member]  
Note 8 - Subsequent Event

Note 8 – Subsequent Events

 

Management has evaluated the financial statements for the quarter-ended March 31, 2022 for subsequent events through the date of this filing and noted no material events requiring either recognition through the date of the filing or disclosure herein for the Trust and Funds other than those noted below:

 

War and other geopolitical events in eastern Europe, including but not limited to Russia and Ukraine, may cause volatility in commodity prices including energy and grain prices, due to the region’s importance to these markets, potential impacts to global transportation and shipping, and other supply chain disruptions. These events are unpredictable and may lead to extended periods of price volatility. The impact of these geopolitical events to the Trust and the Funds is described in more detail in Part II of this 10Q.

 

CORN:

 

The total net assets of the Fund increased by $75,797,035, or 34%, for the period March 31, 2022 to May 9, 2022. This was driven by a 4% increase in the NAV per share and a 28% increase in the shares outstanding.

 

A registration statement for CORN was declared effective by the SEC on April 7, 2022. This registration statement for CORN registered an indeterminate amount of shares.

 

SOYB:

 

The total net assets of the Fund increased by $14,758,922, or 23%, for the period March 31, 2022 to May 9, 2022. This was driven by a 2% increase in the NAV per share and a 21% increase in the shares outstanding.

 

A registration statement for SOYB was declared effective by the SEC on April 7, 2022. This registration statement for SOYB registered an indeterminate amount of shares.

 

The Sponsor opened an account with StoneX, as a new FCM and clearing broker for the Fund. The Fund transferred soybean futures contract positions from E D & F Man to StoneX on April 13, 2022.

 

CANE:

 

The total net assets of the Fund increased by $8,669,045, or 34%, for the period March 31, 2022 to May 9, 2022. This was driven by a 37% increase in the shares outstanding and partially offset by a 2% decrease in the NAV per share.

 

A registration statement for CANE was declared effective by the SEC on April 7, 2022. This registration statement for CANE registered an indeterminate amount of shares.

 

The Sponsor opened an account with StoneX, as a new FCM and clearing broker for the Fund. The Fund transferred sugar futures contract positions from E D & F Man to StoneX on April 13, 2022.

 

WEAT:

 

Nothing additional to report.

 

TAGS:

 

The total net assets of the Fund increased by $7,799,110, or 27%, for the period March 31, 2022 to May 9, 2022. This was driven by a 4% increase in the NAV per share and a 22% increase in the shares outstanding.

 

A registration statement for TAGS was declared effective by the SEC on April 7, 2022. This registration statement for TAGS registered an indeterminate amount of shares.

Teucrium Corn Fund [Member]  
Note 8 - Subsequent Event

Note 8 – Subsequent Events

 

Management has evaluated the financial statements for the quarter-ended March 31, 2022 for subsequent events through the date of this filing and noted no material events requiring either recognition through the date of the filing or disclosure herein for the Fund other than those noted below:

 

The total net assets of the Fund increased by $75,797,035, or 34%, for the period March 31, 2022 to May 9, 2022. This was driven by a 4% increase in the NAV per share and a 28% increase in the shares outstanding.

 

A registration statement for CORN was declared effective by the SEC on April 7, 2022. This registration statement for CORN registered an indeterminate amount of shares.

Teucrium Wheat Fund [Member]  
Note 8 - Subsequent Event

Note 8 – Subsequent Events

 

Management has evaluated the financial statements for the quarter-ended March 31, 2022 for subsequent events through the date of this filing and noted no material events requiring either recognition through the date of the filing or disclosure herein for the Fund other than those noted below:

 

Nothing additional to report.

Teucrium Sugar Fund [Member]  
Note 8 - Subsequent Event

Note 8 – Subsequent Events

 

Management has evaluated the financial statements for the quarter-ended March 31, 2022 for subsequent events through the date of this filing and noted no material events requiring either recognition through the date of the filing or disclosure herein for the Fund other than those noted below:

 

The total net assets of the Fund increased by $8,669,045, or 34%, for the period March 31, 2022 to May 9, 2022. This was driven by a 37% increase in the shares outstanding and partially offset by a 2% decrease in the NAV per share.

 

A registration statement for CANE was declared effective by the SEC on April 7, 2022. This registration statement for CANE registered an indeterminate amount of shares.

 

The Sponsor opened an account with StoneX, as a new FCM and clearing broker for the Fund. The Fund transferred sugar futures contract positions from E D & F Man to StoneX on April 13, 2022.

 

Teucrium Soyabean Fund [Member]  
Note 8 - Subsequent Event

Note 8 – Subsequent Events

 

Management has evaluated the financial statements for the quarter-ended March 31, 2022 for subsequent events through the date of this filing and noted no material events requiring either recognition through the date of the filing or disclosure herein for the Fund other than those noted below:

 

The total net assets of the Fund increased by $14,758,922, or 23%, for the period March 31, 2022 to May 9, 2022. This was driven by a 2% increase in the NAV per share and a 21% increase in the shares outstanding.

 

A registration statement for SOYB was declared effective by the SEC on April 7, 2022. This registration statement for SOYB registered an indeterminate amount of shares.

 

The Sponsor opened an account with StoneX, as a new FCM and clearing broker for the Fund. The Fund transferred soybean futures contract positions from E D & F Man to StoneX on April 13, 2022.

 

Teucrium Agriculture Fund [Member]  
Note 8 - Subsequent Event

Note 7 – Subsequent Events

 

Management has evaluated the financial statements for the quarter-ended March 31, 2022 for subsequent events through the date of this filing and noted no material events requiring either recognition through the date of the filing or disclosure herein for the Fund other than those noted below:

 

The total net assets of the Fund increased by $7,799,110, or 27%, for the period March 31, 2022 to May 9, 2022. This was driven by a 4% increase in the NAV per share and a 22% increase in the shares outstanding.

 

A registration statement for TAGS was declared effective by the SEC on April 7, 2022. This registration statement for TAGS registered an indeterminate amount of shares.