Teucrium Wheat Fund
WEAT
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 212 Elm Street, Suite 200 Cohasset MA United States of America 2025
- IPO Date
- Sep 19, 2011
- CIK
- 0001471824
- Website
- teucrium.com
- Similar Companies
- Business
- Teucrium Wheat Fund (NYSE Arca: WEAT) is a commodity exchange-traded fund sponsored by Teucrium Trading, LLC that provides investors with unleveraged exposure to the wheat futures markets traded on the Chicago Board of Trade (CBOT). The fund tracks the daily percentage changes in a benchmark index composed of a weighted average of closing settlement prices for three CBOT wheat futures contracts, specifically 35% second-to-expire contract, 30% third-to-expire contract, and 35% contract expiring in the subsequent December; this structure mitigates the effects of contango by avoiding front-month contracts and spanning multiple delivery months. WEAT offers access through standard brokerage accounts without requiring a separate futures account, issues Schedule K-1 forms, and qualifies for Section 1256 tax treatment with 60% long-term and 40% short-term capital gains regardless of holding period. The fund targets investors seeking commodity diversification, inflation hedging, or directional views on wheat prices, a key global agricultural staple, and is part of Teucrium's suite of agriculture-focused ETFs including CORN, SOYB, and TAGS. Launched on September 19, 2011, WEAT operates as a series of the Teucrium Commodity Trust, a Delaware statutory trust headquartered at Three Main Street, Suite 215, Burlington, Vermont 05401. Teucrium Trading, LLC serves as sponsor and manager, with the fund domiciled in the United States and regulated as a commodity pool by the Commodity Futures Trading Commission. In a significant recent operational change, Teucrium Trading announced and executed a one-for-five reverse share split effective after market close on November 24, 2025, with trading on adjusted prices and a new CUSIP (88166A870) commencing November 25, 2025, aimed at aligning share price with market norms amid a year-to-date decline. This follows Teucrium's broader innovations, including the 2024 launch of 2x leveraged agriculture funds (CXRN, WXET) and the April 2025 debut of the first U.S.-listed XRP ETF (XXRP), reflecting the sponsor's ongoing expansion into leveraged and non-traditional asset strategies. No major partnerships, acquisitions, or funding rounds specific to WEAT were reported in the last 1-2 years, though the fund maintains assets under management around $117-123 million as of late 2025.