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ETF, Commodity, and Agriculture Glossary

Clear definitions of key terms used across Teucrium’s ETFs, research, and market commentary—provided for general educational purposes. 

Glossary

Anchor Month

Authorized Participant (AP):

Backwardation

Basis Points (BPS)

Bid-Ask/Midpoint

Chicago Board of Trade (CBOT)

Cleared Swap

Closing Price

Commodity ETF

Commodity Futures Trading Comission (CFTC)

Commodity Pool

Contango

Creation/Redemption Basket

Diversification

ETF

ETP

Form 1099

Futures Contract

Intraday Indicative Value

K-1

Liquidity

Margin

Market Order

Market Price

National Futures Association (NFA)

Net Asset Value (NAV)

Position Limit

Premium/Discount

Rolling

Spot Month

Teucrium Agricultural (TTAGS) Index

Teucrium Corn (TCORN) Index

Teucrium Soybean (TSOYB) Index

Teucrium Sugar (TCANE) Index

Teucrium Wheat (TWEAT) Index

Teucrium

Total Net Assets (TNA)

Transparency

Weighted Average Price

This glossary is provided for educational purposes only. It does not constitute investment, tax, or legal advice. Please consult a qualified professional for guidance specific to your situation.

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