Teucrium Trading, LLC (Teucrium) (www.teucrium.com), the first company to introduce single agricultural commodity Exchange Traded Products (“ETPs”) in the United States, and the sponsor of the Teucrium Family of Funds, today announced that Steve Kahler, who joined the firm in November 2011, has been named Teucrium’s Chief Operating Officer.
Kahler, who has spent most of his professional life trading agricultural commodities, will directly oversee Teucrium’s Trade Execution operations and will, along with Sal Gilbertie, Teucrium’s President and Chief Investment Officer, design the trade execution strategy.
Kahler, a veteran of the commodity industry, began his career in 1991 as a grain merchandiser with Harvest States Cooperative, which merged into CHS, Inc. In October of 1992, he was registered as a Floor Broker and served as Market Analyst with that firm. In April 1999, Kahler became the European Grain Marketing Representative for CHS and opened an office for the company in Paris, France. From April 2002 until April 2006, he worked in the energy division of CHS as Energy Risk Trader. In April 2006, Kahler joined the Energy Division of Cargill Inc. as Senior Petroleum Trader in April 2006, where he remained until November of 2011.
A graduate of the University of Minnesota with a Bachelor of Agricultural Business Administration degree, Kahler has been an active participant in the grain and energy markets for over two decades.
The Teucrium Family of Funds includes: the Teucrium Agricultural Fund (NYSE: TAGS); the Teucrium Corn Fund (NYSE: CORN); the Teucrium Wheat Fund (NYSE: WEAT); the Teucrium Sugar Fund (NYSE: CANE); the Teucrium Soybean Fund (NYSE: SOYB); the Teucrium Natural Gas Fund (NYSE: NAGS); the Teucrium WTI Crude Oil Fund (NYSE: CRUD).
All the funds, which are traded on the New York Stock Exchange, are specifically designed to reduce the cost of carry and rolling futures, resulting in the potential for better returns.
About Teucrium Trading, LLC
Teucrium Trading, LLC (Teucrium) is an issuer of single-commodity-focused next-generation ETPs. Teucrium designs investment vehicles that include transparency via the intraday indicative value (IIV), a publicly published valuation of the fund’s holdings provided by the NYSE, updated every 15 seconds as the ETP trades throughout the day. With today’s ever-evolving commodities markets’ landscape, Teucrium believes it has the expertise to deliver ETPs for liquid investing and hedging activities without the use of leverage. For more information, please visit: www.teucrium.com.
Each Teucrium Fund (“Fund”) is a commodity pool that will issue shares that may be purchased and sold on the NYSE Arca. The Funds are series of the Teucrium Commodity Trust, a Delaware statutory trust organized on September 11, 2009. The Funds are managed and controlled by the Sponsor, Teucrium Trading, LLC. The Sponsor is a limited liability company formed in Delaware on July 28, 2009 that is registered as a commodity pool operator (“CPO”) with the Commodities Futures Trading Commission (“CFTC”) and is a member of the National Futures Association (“NFA.”)
The Funds have a limited operating history, meaning there is little performance history that might serve as a basis to evaluate an investment in the Trust. Investing in a Fund subjects an investor to the risks of the applicable commodity market, which investment could result in substantial fluctuations in the price of Fund shares. Unlike mutual funds, the Funds generally will not distribute dividends to shareholders. The Sponsor has limited experience operating commodity pools; a commodity pool is defined as an enterprise in which several individuals contribute funds in order to trade futures or futures options collectively. Investors may choose to use a Fund as a vehicle to hedge against the risk of loss and there are risks involved in hedging activities. Commodities and futures generally are volatile and are not suitable for all investors. The Funds are not mutual funds 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. For a complete description of the risks associated with the Funds, please refer to the applicable prospectus.
Shares of the Funds are not FDIC insured, may lose value and have no bank guarantee. Foreside Fund Services, LLC is the distributor for the Teucrium Funds.
A copy of the prospectus for each Fund may be obtained at the
or by contacting the Funds toll-free at 877-376-0082.
Bill Blase, 212-221-1079