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WEAT: an ETF for Exposure to Wheat Futures Markets

The Teucrium WEAT ETF provides price exposure to the wheat futures market. Designed for investors seeking targeted commodity access in an ETF format.

 

The WEAT ETF holds futures contracts across multiple expiration dates for broader market representation. Built for investors seeking targeted commodity exposure, real asset diversification, or to express a directional market outlook. 
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What is WEAT?

Teucrium Wheat Fund (WEAT) is designed to provide investors with a cost-effective means to gain price exposure to the
wheat market for future delivery. WEAT is an ETF that provides investors with exposure to CBOT wheat futures. By holding contracts across multiple delivery months, the fund seeks to capture the broader dynamics of the wheat market. Investors can access WEAT through a traditional brokerage account, allowing them to participate in wheat futures price movements without the need for a separate futures account.

WEAT offers price access to one of the world’s most essential grains.

Tax Treatment

WEAT issues a K-1 and typically qualifies for Section 1256 tax treatment: 60% long-term / 40% short-term capital gains, regardless of holding period. 

Targeted Exposure

Looking for price exposure to wheat, and only wheat?  Obtain wheat futures price exposure through the WEAT ETF. 

Multiple Uses

Express directional price views, seek a potential inflation hedge, or diversify portfolios with an asset class that has historically shown low correlation to U.S. equities.1

[1] https://www.cmegroup.com/education/articles-and-reports/relationship-between-major-grain-commodity-benchmarks-and-equities-prices-during-economic-downturns.html.

 

Did You Know?

Wheat is the staple food for roughly 35% of the world’s population, making it one of the most strategically important global commodities, with China as the world’s largest producer.2

[2] International Development Research Centre. Facts & Figures on Food and Biodiversity. Accessed August 25, 2025. https://idrc-crdi.ca/en/research-in-action/facts-figures-food-and-biodiversity.

FAQs – WEAT ETF

How does the fund track wheat prices?

Do I need a futures account to invest in WEAT?

Is WEAT a leveraged product?

How does this compare to trading wheat futures directly?

Holdings & Performance

WEAT Roll Dates

 

Start Date End Date Old Contract New Contract
12/12/2024 12/12/2024 March '2025 July '2025
3/13/2025 3/13/2025 May '2025 September '2025
5/9/2025 5/13/2025 July '2025 December '2026
7/11/2025 7/11/2024 September '2025 March '2026
9/11/2025 9/11/2025 December '2025 May '2026
12/11/2025 12/11/2025 March '2026 July '2026

Roll Date: The date on which an investor replaces an existing futures position by closing it and simultaneously opening a new position with a later expiration date.

Considering Agricultural ETFs?

Teucrium's ETFs trade on the New York Stock Exchange (NYSE). This means that you may obtain price exposure directly from your brokerage account!
How To Invest

Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged. You cannot invest directly in an index.

This material must be accompanied or preceded by a prospectus. Please read the prospectus carefully before investing. An investor should consider investment objectives, risks, charges and expenses carefully before investing.

Diversification does not ensure a profit or protect against loss.

An investment in the Funds involves risk, including possible loss of principal. Commodities and futures are generally volatile and are not suitable for all investors. An investor may lose all or substantially all of an investment. Investing in commodity interests subject each Fund to the risks of its related industry. These risks could result in large fluctuations in the price of a particular Fund's respective shares. Funds that focus on a single sector generally experience greater volatility.

Investing in Wheat Interests subjects WEAT to the risks of the wheat market, and this could result in substantial fluctuations in the price of WEAT’s Shares. Unlike mutual funds, WEAT generally will not distribute dividends to Shareholders. Investors may choose to use WEAT as a means of investing indirectly in wheat as a vehicle to hedge against the risk of loss, and there are risks involved in such investments and activities.

For further discussion of these and additional risks associated with an investment in the Funds please read the respective Fund Prospectus before investing.

CORN, CANE, SOYB, WEAT, and TAGS are commodity pools regulated by the Commodity Futures Trading Commission (CFTC). The funds do not track the spot price of corn, sugar, soybeans or wheat. These Funds, which are ETPs, are not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and are not subject to regulation thereunder.

Teucrium Investment Advisors, LLC is the investment adviser for TILL, CXRN, WXET and XXRP. Teucrium Trading, LLC is the Sponsor for CORN, CANE, SOYB, WEAT, and TAGS.

 PINE Distributors LLC is the distributor for TILL, CXRN, WXET and XXRP, and the Marketing Agent for CORN, CANE, SOYB, WEAT, and TAGS, and is not affiliated with Teucrium Investment Advisors, LLC and Teucrium Trading, LLC.

Shares of the Funds are not FDIC Insured, may lose value, and have no bank guarantee.

Check the background of our investment professional’s on FINRA’s BrokerCheck.

 

 

PROSPECTUS