Fund Description: Teucrium Sugar Fund is a commodity pool that issues Shares that may be purchased and sold on the NYSE Arca. The Fund is a series of the Teucrium Commodity Trust. INVESTMENT OBJECTIVE: The Teucrium Sugar Fund seeks to have the daily changes in percentage terms of the Shares’ Net Asset Value (NAV) reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for sugar (Sugar Futures Contracts) that are traded on ICE Futures US, specifically: (1) the second-to-expire Sugar No. 11 Futures Contract, weighted 35%, (2) the third-to-expire Sugar No. 11 Futures Contract, weighted 30%, and (3) the Sugar No. 11 Futures Contract expiring in the March following the expiration month of the third-to-expire contract, weighted 35%. FUND STRATEGY: The Fund seeks to achieve its investment objective by investing under normal market conditions in Benchmark Component Futures Contracts or, in certain circumstances, in other Sugar Futures Contracts traded on ICE Futures or the New York Mercantile Exchange (NYMEX), or on foreign exchanges. The Fund also may invest in exchange-traded options on Sugar Futures Contracts and in sugar-based swap agreements that are cleared through ICE Futures or its affiliated provider of clearing services in furtherance of the Fund's investment objective. Once accountability levels in Sugar No. 11 Futures Contracts traded on ICE Futures are applicable, the Fund's intention is to invest first in Cleared Sugar Swaps to the extent practicable under the accountability levels applicable to Cleared Sugar Swaps and appropriate in light of the liquidity in the Cleared Sugar Swap market, and then in contracts and instruments such as cash-settled options on Sugar Futures Contracts and forward contracts, swaps other than Cleared Sugar Swaps, and other over-the-counter transactions that are based on the price of sugar and Sugar Futures Contracts (collectively, Other Sugar Interests.) Sugar No. 11 Futures Contracts traded on the ICE Futures expire on a specified day in four different months: March, May, July, and October. The Fund seeks to achieve its investment objective primarily by investing in Sugar Interests such that daily changes in the Fund’s NAV will be expected to closely track the changes in the Benchmark. The Fund’s positions in Sugar Interests will be changed or rolled on a regular basis in order to track the changing nature of the Benchmark. The Fund invests in Sugar Interests to the fullest extent possible without being leveraged or unable to satisfy its expected current or potential margin or collateral obligations with respect to its investments in Sugar Interests. After fulfilling such margin and collateral requirements, the Fund will invest the remainder of its proceeds from the sale of baskets in obligations of the United States government (Treasury Securities) or cash equivalents, and/or merely hold such assets in cash (generally in interest-bearing accounts). FUND MANAGEMENT: The Sponsor of the Trust is Teucrium Trading, LLC,. The Sponsor is required to oversee the purchase and sale of Shares, manage the Fund’s investments and other administrative duties.