Teucrium Soybean | 10-Q: FY2025 Q3 Revenue: USD 2.182 M

Revenue: As of FY2025 Q3, the actual value is USD 2.182 M.

EBIT: As of FY2025 Q3, the actual value is USD -1.688 M.

Teucrium Commodity Trust Financial Summary

Net Assets

• As of September 30, 2025, the Trust reported net assets of $211,541,516, a decrease from $224,647,418 as of December 31, 2024.

Cash and Cash Equivalents

• Cash and cash equivalents totaled $204,250,828 as of September 30, 2025, compared to $210,940,353 as of December 31, 2024.

Commodity Futures Contracts

• The fair value of commodity futures contracts was $390,261 as of September 30, 2025, down from $1,936,572 as of December 31, 2024.

Liabilities

• Total liabilities decreased to $9,000,166 as of September 30, 2025, from $17,047,836 as of December 31, 2024.

Segment Performance

• Teucrium Corn Fund: Net assets were $48,435,999 as of September 30, 2025, down from $64,724,238 as of December 31, 2024.
• Teucrium Soybean Fund: Net assets increased to $32,244,671 as of September 30, 2025, from $25,223,043 as of December 31, 2024.
• Teucrium Sugar Fund: Net assets were $13,505,413 as of September 30, 2025, up from $12,546,977 as of December 31, 2024.
• Teucrium Wheat Fund: Net assets decreased to $117,346,707 as of September 30, 2025, from $122,144,207 as of December 31, 2024.
• Teucrium Agricultural Fund: Net assets were $7,876,596 as of September 30, 2025, down from $10,353,411 as of December 31, 2024.

Operating Income and Expenses

• The Trust reported a net loss of $22,813,701 for the nine months ended September 30, 2025, compared to a net loss of $34,492,480 for the same period in 2024.
• Total expenses, net of waivers, were $5,579,323 for the nine months ended September 30, 2025, compared to $6,208,941 for the same period in 2024.

Cash Flow

• Net cash used in operating activities was - $16,397,324 for the nine months ended September 30, 2025, compared to - $26,893,098 for the same period in 2024.
• Net cash provided by financing activities was $9,707,799 for the nine months ended September 30, 2025, compared to - $32,010,545 for the same period in 2024.

Outlook

• The Trust aims to maintain the daily changes in the NAV of each Fund’s Shares to reflect the daily changes in the specified commodity market for future delivery as measured by the Benchmark.