Teucrium Wheat Fund Stock Price, News & Analysis

Teucrium Wheat Fund (WEAT) is an exchange-traded product that is part of the Teucrium Commodity Trust and is sponsored by Teucrium Trading, LLC. According to multiple regulatory filings and press releases, WEAT is structured as a commodity pool and is not a mutual fund or any other type of investment company within the meaning of the Investment Company Act of 1940. The fund’s shares trade on NYSE Arca under the ticker symbol WEAT.

Teucrium Trading, LLC, described in the fund’s press materials as an ETF provider focused solely on U.S. agriculture, serves as the Sponsor of Teucrium Wheat Fund. The Sponsor is a commodity pool operator and commodity trading advisor subject to regulation by the Commodity Futures Trading Commission and the National Futures Association in connection with other series of the Teucrium Commodity Trust, and it oversees the operation of WEAT as a series of that trust. The fund is distributed by entities identified in its press releases, including PINE Distributors LLC and, in earlier communications, Foreside Fund Services, LLC.

Teucrium Wheat Fund offers its shares on a continuous basis. When all registered shares have been sold, additional shares are registered in subsequent registration statements with the Securities and Exchange Commission. Press releases from the Sponsor explain that, when the fund has sold all currently registered shares, it may temporarily suspend creations of new shares until a new registration statement becomes effective. During such periods, investors can still buy and sell existing shares on the stock exchange through broker-dealers, and the fund continues to accept redemption requests from authorized purchasers as described in its prospectus.

In March 2022, Teucrium Trading, LLC announced that Teucrium Wheat Fund had sold all available registered shares and had suspended creations. A follow-up announcement stated that the Securities and Exchange Commission had accelerated a new registration statement for an indefinite amount of new shares and that sales of WEAT shares had commenced again after that registration became effective. This sequence illustrates how the fund manages the registration and availability of its shares under SEC rules.

On November 4, 2025, Teucrium Trading, LLC announced a one-for-five reverse share split for WEAT. An accompanying Form 8-K filed by Teucrium Commodity Trust describes that the reverse share split would take place at 5:00 p.m. Eastern Standard Time on November 24, 2025 and be effective on November 25, 2025. The reverse split reduces the number of WEAT shares outstanding while increasing the net asset value per share proportionately, such that every five pre-split shares result in one post-split share priced at five times the pre-split net asset value. The press release notes that WEAT’s ticker symbol remains "WEAT" and that shares continue to trade on NYSE Arca under a new CUSIP number.

The reverse share split affects all WEAT shareholders in the same ratio. The Sponsor explains that the transaction does not change any shareholder’s percentage interest in the fund, except where fractional shares arise. Because NYSE Arca does not permit trading of fractional shares, shareholders otherwise entitled to fractional shares as a result of the reverse split receive cash in lieu of such fractions, which may result in taxable gains or losses. The press release also notes that certain authorized purchasers may hold "odd-lot" share aggregations below the standard creation basket size and are given a one-time opportunity to redeem those odd-lot shares.

Teucrium’s public materials emphasize that investing in Teucrium Wheat Fund subjects investors to the risks of the applicable commodity market and that the price of fund shares can experience substantial fluctuations. The Sponsor states that the fund generally does not distribute dividends to shareholders and that the Sponsor has limited experience operating commodity pools. It also notes that investors may choose to use the fund as a vehicle to hedge against the risk of loss and that there are risks involved in hedging activities.

Regulatory disclosures for Teucrium Wheat Fund highlight that commodities and futures generally are volatile and may not be suitable for all investors. The fund is described as not being insured by the Federal Deposit Insurance Corporation, and shares may lose value and have no bank guarantee. The fund’s materials also reiterate that it is not registered under the Investment Company Act of 1940 and therefore is not subject to regulation under that statute, which differentiates it from traditional mutual funds and many other exchange-traded products.

Teucrium Commodity Trust, of which WEAT is a series, has adopted an amended and restated Declaration of Trust that, among other things, grants the Sponsor authority to make tax elections and determine or change the federal income tax classification of each fund series. An 8-K filing dated December 18, 2025 explains that shareholders waive any right to challenge a tax classification determination made by the Sponsor and clarifies that a tax classification decision for one fund does not affect the classification of any other fund in the trust. These provisions are part of the structural framework within which Teucrium Wheat Fund operates.

Governance and compliance for the Teucrium Commodity Trust and its series, including Teucrium Wheat Fund, are overseen by Teucrium Trading, LLC. An 8-K filing dated January 2, 2026 reports a change in the Sponsor’s Chief Compliance Officer and describes the responsibilities of that role, including developing, instituting, and monitoring processes and procedures to comply with regulatory requirements. The filing also notes that officers of the Sponsor do not receive compensation from the funds themselves.

Overall, Teucrium Wheat Fund (WEAT) is presented in its official documents as a commodity pool and exchange-traded product associated with the Teucrium Commodity Trust and sponsored by Teucrium Trading, LLC, with a focus on exposure to a specific commodity market and subject to the risks and regulatory framework described in its prospectus and SEC filings.