Teucrium Wheat Fund adds KC, spring wheat futures
Rhea-AI Filing Summary
Teucrium Commodity Trust (BTCK), through its sponsor Teucrium Trading, LLC, has authorized the Teucrium Wheat Fund to invest, at the Sponsor’s discretion, in KC Hard Red Winter Wheat futures on the Chicago Board of Trade and Hard Red Spring Wheat futures on the Minneapolis Grain Exchange.
The Fund will use these Alternative Wheat Futures Contracts only when position limits, accountability levels or price fluctuation limits restrict its ability to hold its usual Benchmark Component Futures Contracts in amounts needed to pursue its objective. The investment objective, Benchmark and Benchmark Component Futures Contracts remain unchanged, and under normal conditions the Fund will continue to focus on those benchmark contracts and cash equivalents.
The Trust notes that because these alternative contracts reference different wheat classes, delivery locations and specifications, and trade in less liquid markets, the Fund’s NAV may correlate less closely with its Benchmark when they are used. On August 31, 2026, the Trust filed a Rule 424(b)(3) prospectus supplement describing these changes.
Positive
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Negative
- None.
Filing Explained
Effective immediately, WEAT can use alternative wheat futures, but the filing does not commit the Fund to buying them.
This Form 8-K reports that, effective immediately, the sponsor has authorized the Fund to use KC Hard Red Winter Wheat and MGEX Hard Red Spring Wheat futures at its discretion.
That authorization creates investment capacity rather than a disclosed purchase: under normal conditions the Fund will continue using its benchmark futures and cash, and may use the alternatives only when limits restrict benchmark positions.
The Fund intends to use the same contract months as its benchmark holdings; its next calculated NAV holdings list is available on the Fund’s website, which can show whether the new capacity is being used.
8-K Event Classification
Key Figures
Key Terms
Benchmark Component Futures Contracts financial
Alternative Wheat Futures Contracts financial
position limits financial
accountability levels financial
price fluctuation limits financial
core referenced futures contracts financial
FAQ
What change did Teucrium Commodity Trust (BTCK) announce for the Teucrium Wheat Fund?
When will the new investment flexibility for the Teucrium Wheat Fund take effect?
Does the Teucrium Wheat Fund (WEAT) change its investment objective or Benchmark?
Under what conditions will BTCK’s Teucrium Wheat Fund use Alternative Wheat Futures Contracts?
What additional disclosure did Teucrium Commodity Trust (BTCK) file on August 31, 2026?
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