<SEC-DOCUMENT>0000891092-14-003590.txt : 20140502
<SEC-HEADER>0000891092-14-003590.hdr.sgml : 20140502
<ACCEPTANCE-DATETIME>20140502111531
ACCESSION NUMBER:		0000891092-14-003590
CONFORMED SUBMISSION TYPE:	POS EX
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20140502
DATE AS OF CHANGE:		20140502
EFFECTIVENESS DATE:		20140502

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Teucrium Commodity Trust
		CENTRAL INDEX KEY:			0001471824
		STANDARD INDUSTRIAL CLASSIFICATION:	 [6221]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		POS EX
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-187434
		FILM NUMBER:		14807682

	BUSINESS ADDRESS:	
		STREET 1:		232 HIDDEN LAKE ROAD
		CITY:			BRATTLEBORO
		STATE:			VT
		ZIP:			05301
		BUSINESS PHONE:		802-257-1617

	MAIL ADDRESS:	
		STREET 1:		232 HIDDEN LAKE ROAD
		CITY:			BRATTLEBORO
		STATE:			VT
		ZIP:			05301
</SEC-HEADER>
<DOCUMENT>
<TYPE>POS EX
<SEQUENCE>1
<FILENAME>e58734pos_ex.htm
<DESCRIPTION>POST-EFFECTIVE AMENDMENT NO. 3
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>As filed with the Securities and Exchange
Commission on May 2, 2014</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Registration No. 333-187434</B></P>

<HR SIZE="2" NOSHADE ALIGN="LEFT" STYLE="width: 100%; color: black">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>WASHINGTON, D.C. 20549</B></P>

<HR SIZE="1" NOSHADE ALIGN="CENTER" STYLE="width: 20%; color: black">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Post-Effective Amendment No. 3</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>to</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM S-1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>REGISTRATION STATEMENT UNDER THE SECURITIES
ACT OF 1933</B>&nbsp;</P>

<HR SIZE="1" NOSHADE ALIGN="CENTER" STYLE="width: 20%; color: black">

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Teucrium Commodity Trust</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(Registrant)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Delaware</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(State or other jurisdiction of incorporation
or organization)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>6799</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(Primary Standard Industrial Classification
Code Number)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>27-6715882</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(I.R.S. Employer Identification No.)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>c/o Teucrium Trading, LLC</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>232 Hidden Lake Road</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Building A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Brattleboro, Vermont 05301</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Phone: (802)&nbsp;257-1617</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(Address, including zip code, and telephone
number, including area code, of Registrant&rsquo;s principal executive offices)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<HR SIZE="1" NOSHADE ALIGN="CENTER" STYLE="width: 20%; color: black">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Dale Riker</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Chief Executive Officer</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Teucrium Trading, LLC</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>232 Hidden Lake Road</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Building A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Brattleboro, Vermont 05301</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Phone: (802)&nbsp;257-1617</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(Name, address, including zip code, and telephone
number, including area code, of agent for service)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<HR SIZE="1" NOSHADE ALIGN="CENTER" STYLE="width: 20%; color: black">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><I>Copy to:</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>W. Thomas Conner, Esq.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Reed Smith LLP</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>1301 K Street, N. W.<BR>
Suite 1100, East Tower<BR>
Washington DC 20005-3317</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<HR SIZE="1" NOSHADE ALIGN="CENTER" STYLE="width: 20%; color: black">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in">Approximate date of commencement of proposed
sale to the public: As soon as practicable after the effective date of this Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 3pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in">If any of the securities being registered on
this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following
box.&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">x</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in">If this Form is filed to register additional
securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement for the same offering.&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in">If this Form is a post-effective amendment filed
pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number
of the earlier effective registration statement for the same offering.&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in">If this Form is a post-effective amendment filed
pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number
of the earlier effective registration statement for the same offering.&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">x </FONT>Registration
No. 333-187434<FONT STYLE="font-family: Wingdings"> </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in">Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company under Rule 12b-2 of
the Securities Exchange Act of 1934.&nbsp;&nbsp;(Check one):</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top">
    <TD STYLE="width: 50%"><font style="font-size: 10pt">Large accelerated filer&nbsp;&nbsp;<font style="font-family: Wingdings">&#168;</font></font></td>
    <TD STYLE="width: 49%"><font style="font-size: 10pt">Accelerated filer&nbsp;&nbsp;<font style="font-family: Wingdings">x</font></font></td>
    <TD>&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD><font style="font-size: 10pt">Non-accelerated filer&nbsp;&nbsp;<font style="font-family: Wingdings">&#168;</font></font></td>
    <td colspan="2"><font style="font-size: 10pt">Smaller reporting company&nbsp;&nbsp;&nbsp;<font style="font-family: Wingdings">&#168;</font></font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt">It is proposed that this filing will become effective immediately
upon filing pursuant to Rule 462(d):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-align: center"><B>EXPLANATORY NOTE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt">This Post-Effective Amendment No. 3 to the Registration Statement
on Form S-1 (File No. 333-187434) of Teucrium Commodity Trust (the &ldquo;Registration Statement&rdquo;) consists of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 0pt">1. Facing Sheet of the Registration Statement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-bottom: 0pt; margin-left: 0">2. Part II of the Registration Statement, and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-bottom: 6pt; margin-left: 0">3. Exhibit 23.2 to Item 16 of the Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt">This Post-Effective Amendment No. 3 does not modify any other part
of the Registration Statement. The contents of those portions of the Registration Statement not included herein are hereby incorporated
by reference.</P>


<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 3pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> -</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-align: center"><B>PART&nbsp;II</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-align: center"><B>Information Not Required in the Prospectus</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt"><B>Item 13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<I>Other Expenses
of Issuance and Distribution</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-align: justify; text-indent: 0.5in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Set forth below is an estimate (except as indicated) of the amount of fees and expenses (other than underwriting commissions and
discounts) payable by the registrant in connection with the issuance and distribution of the units pursuant to the prospectus contained
in this registration statement.</P>

<table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%">
<tr>
    <td style="vertical-align: bottom; padding-bottom: 1.5pt">&nbsp;</td>
    <td style="vertical-align: top; padding-bottom: 1.5pt">&nbsp;</td>
    <td nowrap colspan="2" style="vertical-align: bottom; border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>Amount</b> </font></td>
    <td style="vertical-align: top; padding-bottom: 1.5pt">&nbsp;</td></tr>
<tr style="background-color: #CCFFCC">
    <td style="vertical-align: bottom; width: 89%; padding-left: 9pt; text-indent: -9pt"><font style="font-size: 10pt">SEC registration fee (actual) </font></td>
    <td style="vertical-align: top; width: 1%">&nbsp;</td>
    <td style="vertical-align: top; width: 1%"><font style="font-size: 10pt">$ </font></td>
    <td style="vertical-align: top; width: 8%; text-align: right"><font style="font-size: 10pt">71,304</font></td>
    <td style="vertical-align: top; width: 1%">&nbsp;</td></tr>
<tr style="background-color: white">
    <td style="vertical-align: bottom; padding-left: 9pt; text-indent: -9pt"><font style="font-size: 10pt">NYSE Arca Listing Fee (actual) </font></td>
    <td style="vertical-align: top">&nbsp;</td>
    <td style="vertical-align: top"><font style="font-size: 10pt">$ </font></td>
    <td style="vertical-align: top; text-align: right"><font style="font-size: 10pt">5,000 </font></td>
    <td style="vertical-align: top">&nbsp;</td></tr>
<tr style="background-color: #CCFFCC">
    <td style="vertical-align: bottom; padding-left: 9pt; text-indent: -9pt"><font style="font-size: 10pt">FINRA filing fees (actual) </font></td>
    <td style="vertical-align: top">&nbsp;</td>
    <td style="vertical-align: top"><font style="font-size: 10pt">$ </font></td>
    <td style="vertical-align: top; text-align: right"><font style="font-size: 10pt">75,500 </font></td>
    <td style="vertical-align: top">&nbsp;</td></tr>
<tr style="background-color: white">
    <td style="vertical-align: bottom; padding-left: 9pt; text-indent: -9pt"><font style="font-size: 10pt">Blue Sky expenses </font></td>
    <td style="vertical-align: top">&nbsp;</td>
    <td style="vertical-align: top">&nbsp;</td>
    <td style="vertical-align: top; text-align: right"><font style="font-size: 10pt">n/a </font></td>
    <td style="vertical-align: top">&nbsp;</td></tr>
<tr style="background-color: #CCFFCC">
    <td style="vertical-align: bottom; padding-left: 9pt; text-indent: -9pt"><font style="font-size: 10pt">Auditor&rsquo;s fees and expenses </font></td>
    <td style="vertical-align: top">&nbsp;</td>
    <td style="vertical-align: top"><font style="font-size: 10pt">$ </font></td>
    <td style="vertical-align: top; text-align: right"><font style="font-size: 10pt">47,500</font></td>
    <td style="vertical-align: top">&nbsp;</td></tr>
<tr style="background-color: white">
    <td style="vertical-align: bottom; padding-left: 9pt; text-indent: -9pt"><font style="font-size: 10pt">Legal fees and expenses </font></td>
    <td style="vertical-align: top">&nbsp;</td>
    <td style="vertical-align: top"><font style="font-size: 10pt">$ </font></td>
    <td style="vertical-align: top; text-align: right"><font style="font-size: 10pt">250,000</font></td>
    <td style="vertical-align: top">&nbsp;</td></tr>
<tr style="background-color: #CCFFCC">
    <td style="vertical-align: bottom; padding-left: 9pt; text-indent: -9pt"><font style="font-size: 10pt">Printing expenses </font></td>
    <td style="vertical-align: top">&nbsp;</td>
    <td style="vertical-align: top"><font style="font-size: 10pt">$ </font></td>
    <td style="vertical-align: top; text-align: right"><font style="font-size: 10pt">50,000 </font></td>
    <td style="vertical-align: top">&nbsp;</td></tr>
<tr style="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-bottom: 1.5pt; padding-left: 9pt; text-indent: -9pt"><font style="font-size: 10pt">Miscellaneous expenses </font></td>
    <TD STYLE="vertical-align: top; padding-bottom: 1.5pt">&nbsp;</td>
    <TD STYLE="vertical-align: top">&nbsp;</td>
    <TD STYLE="vertical-align: top; text-align: right"><font style="font-size: 10pt">n/a </font></td>
    <TD STYLE="vertical-align: top; padding-bottom: 1.5pt">&nbsp;</td></tr>
<tr style="background-color: #CCFFCC">
    <td style="vertical-align: bottom; padding-bottom: 3pt; padding-left: 9pt; text-indent: -9pt"><font style="font-size: 10pt">Total </font></td>
    <td style="vertical-align: top; padding-bottom: 3pt">&nbsp;</td>
    <td style="vertical-align: top; border-bottom: black 2.25pt double"><font style="font-size: 10pt">$ </font></td>
    <td style="vertical-align: top; border-bottom: black 2.25pt double; text-align: right"><font style="font-size: 10pt">499,304</font></td>
    <td style="vertical-align: top; padding-bottom: 3pt">&nbsp;</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in">&nbsp;</P>



<HR SIZE="1" NOSHADE ALIGN="LEFT" STYLE="width: 100%; color: black">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in"><B>&nbsp;&nbsp; </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt"><B>Item&nbsp;14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Indemnification
of Directors and Officers</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in">The Trust&rsquo;s Second Amended and Restated
Declaration of Trust and Trust Agreement (the &ldquo;Trust Agreement&rdquo;) provides that the Sponsor shall be indemnified by
the Trust (or, by a series of the Trust separately to the extent the matter in question relates to a single series or disproportionately
affects a series in relation to other series) against any losses, judgments, liabilities, expenses and amounts paid in settlement
of any claims sustained by it in connection with its activities for the Trust, provided that (i) the Sponsor was acting on behalf
of or performing services for the Trust and has determined, in good faith, that such course of conduct was in the best interests
of the Trust and such liability or loss was not the result of gross negligence, willful misconduct, or a breach of the Trust Agreement
on the part of the Sponsor and (ii) any such indemnification will only be recoverable from the applicable trust estate or trust
estates.&nbsp;&nbsp;All rights to indemnification permitted by the Trust Agreement and payment of associated expenses shall not
be affected by the dissolution or other cessation to exist of the Sponsor, or the withdrawal, adjudication of bankruptcy or insolvency
of the Sponsor, or the filing of a voluntary or involuntary petition in bankruptcy under Title 11 of the Bankruptcy Code by or
against the Sponsor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in">Notwithstanding the foregoing, the Sponsor shall
not be indemnified for any losses, liabilities or expenses arising from or out of an alleged violation of U.S. federal or state
securities laws unless (i) there has been a successful adjudication on the merits of each count involving alleged securities law
violations as to the particular indemnitee and the court approves the indemnification of such expenses (including, without limitation,
litigation costs), (ii) such claims have been dismissed with prejudice on the merits by a court of competent jurisdiction as to
the particular indemnitee and the court approves the indemnification of such expenses (including, without limitation, litigation
costs) or (iii) a court of competent jurisdiction approves a settlement of the claims against a particular indemnitee and finds
that indemnification of the settlement and related costs should be made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in">The Trust and its series shall not incur the
cost of that portion of any insurance which insures any party against any liability, the indemnification of which is prohibited
by the Trust Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in">Expenses incurred in defending a threatened
or pending civil, administrative or criminal action suit or proceeding against the Sponsor shall be paid by the Trust in advance
of the final disposition of such action, suit or proceeding, if (i) the legal action relates to the performance of duties or services
by the Sponsor on behalf of the Trust; (ii) the legal action is initiated by a party other than the Trust; and (iii) the Sponsor
undertakes to repay the advanced funds with interest to the Trust in cases in which it is not entitled to indemnification under
the Trust Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 3pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --> -</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in">For purposes of the indemnification provisions
of the Trust Agreement, the term &ldquo;Sponsor&rdquo; includes, in addition to the Sponsor, any other covered person performing
services on behalf of the Trust and acting within the scope of the Sponsor&rsquo;s authority as set forth in the Trust Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in">In the event the Trust is made a party to any
claim, dispute, demand or litigation or otherwise incurs any loss, liability, damage, cost or expense as a result of or in connection
with any Shareholder&rsquo;s (or assignee&rsquo;s) obligations or liabilities unrelated to Trust business, such Shareholder (or
assignees cumulatively) shall indemnify, defend, hold harmless, and reimburse the Trust for all such loss, liability, damage, cost
and expense incurred, including attorneys&rsquo; and accountants&rsquo; fees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt">The payment of any amount pursuant to the Trust Agreement shall
take into account the allocation of liabilities and other amounts, as appropriate, among the series of the Trust.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt"><B>Item&nbsp;15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Recent
Sales of Unregistered Securities</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in">On July 31, 2010, the Sponsor made a $100.00&nbsp;capital
contribution to the Fund.&nbsp;&nbsp;In connection with the commencement of the offering, the Sponsor will receive 4 Sponsor&rsquo;s
Shares of the Fund to be issued in exchange for the previously received capital contribution, representing a beneficial interest
in the pool.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.5in">The above-described transaction was exempt from
registration pursuant to Section 4(2) of the Securities Act or Regulation D promulgated thereunder as a transaction not involving
a public offering.&nbsp;&nbsp;No general solicitation was made by the Fund, the Trust or any person acting on their behalf; the
securities sold are subject to transfer restrictions and may not be offered or sold absent registration or pursuant to an exemption
therefrom.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt"><B>Item&nbsp;16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Exhibits
and Financial Statement Schedules</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt">(a)&nbsp;<I>Exhibits</I></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; margin-bottom: 9pt">
<tr style="vertical-align: top">
    <TD STYLE="width: 6%"><font style="font-size: 10pt">3.1 </font></td>
    <TD STYLE="width: 94%; font-size: 12pt"><font style="font-size: 10pt">Second Amended and Restated Declaration of Trust and Trust Agreement of the Registrant.</font><font style="font-size: 8pt"> 3</font><font style="font-size: 10pt"> </font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 10pt">3.2</font></td>
    <td style="font-size: 12pt"><font style="font-size: 10pt">Certificate of Trust of the registrant.</font><font style="font-size: 8pt">1</font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 10pt">3.3 </font></td>
    <td style="font-size: 12pt"><font style="font-size: 10pt">Instrument establishing the Fund.</font><font style="font-size: 8pt">4</font><font style="font-size: 10pt"> </font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 10pt">5.1</font></td>
    <td style="font-size: 12pt"><font style="font-size: 10pt">Opinion of Reed Smith LLP relating to the legality of the Shares. </font><font style="font-size: 8pt">6</font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 10pt">8.1</font></td>
    <td style="font-size: 12pt"><font style="font-size: 10pt">Opinion of Reed Smith LLP with respect to federal income tax consequences. </font><font style="font-size: 8pt">7</font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 10pt">10.1 </font></td>
    <td style="font-size: 12pt"><font style="font-size: 10pt">Form of Authorized Purchaser Agreement.</font><font style="font-size: 8pt"> 4</font><font style="font-size: 10pt"> </font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 10pt">10.2 </font></td>
    <td style="font-size: 12pt"><font style="font-size: 10pt">Amended and Restated Distribution Services Agreement. </font><font style="font-size: 8pt">5</font><font style="font-size: 10pt"> </font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 10pt">10.3</font></td>
    <td style="font-size: 12pt"><font style="font-size: 10pt">Amendment to Amended and Restated Distribution Services Agreement. </font><font style="font-size: 8pt">5</font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 10pt">10.4</font></td>
    <td style="font-size: 12pt"><font style="font-size: 10pt">Second Amendment to Amended and Restated Distribution Services Agreement. </font><font style="font-size: 8pt">5</font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 10pt">10.5</font></td>
    <td style="font-size: 12pt"><font style="font-size: 10pt">Third Amendment to Amended and Restated Distribution Services Agreement. </font><font style="font-size: 8pt">8</font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 10pt">10.6</font></td>
    <td style="font-size: 12pt"><font style="font-size: 10pt">Global Custody Agreement.</font><font style="font-size: 8pt"> 2</font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 10pt">10.7</font></td>
    <td style="font-size: 12pt"><font style="font-size: 10pt">Services Agreement.</font><font style="font-size: 8pt"> 2</font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 10pt">10.8</font></td>
    <td style="font-size: 12pt"><font style="font-size: 10pt">Transfer Agency and Service Agreement.</font><font style="font-size: 8pt"> 2</font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 10pt">10.9 </font></td>
    <td style="font-size: 12pt"><font style="font-size: 10pt">Distribution Consulting and Marketing Services Agreement.</font><font style="font-size: 8pt"> 3</font><font style="font-size: 10pt"> </font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 10pt">23.1</font></td>
    <td style="font-size: 12pt"><font style="font-size: 10pt">Consent of Reed Smith LLP. </font><font style="font-size: 8pt">9</font></td></tr>
<tr style="vertical-align: top">
    <td><font style="font-size: 10pt">23.2</font></td>
    <td style="font-size: 12pt"><font style="font-size: 10pt">Consent of Independent Registered Public Accounting Firm. </font><font style="font-size: 8pt">10</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(1)&nbsp;Incorporated by reference to&nbsp;Registration Statement&nbsp;on
Form S-1 for Teucrium Commodity Trust (File No. 333-162033) filed on September 21, 2009.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(2)&nbsp;&nbsp;Incorporated by reference to Pre-Effective Amendment
No. 3 on Form S-1 for Teucrium Commodity Trust (File No. 333-162033) filed on March 29, 2010.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(3)&nbsp;&nbsp;&nbsp;Incorporated by reference to Post-Effective
Amendment No. 1 to the Registration Statement on Form S-1 for Teucrium Commodity Trust (File No. 333-162033) filed on October 22,
2010.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(4)&nbsp;&nbsp;Incorporated by reference to Pre-Effective Amendment
No. 1 to the Registration Statement on Form S-1 for Teucrium Commodity Trust (File No. 333-167585) filed on March 9, 2011.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(5) Previously filed as like-numbered exhibit to Current Report
on Form 8-K for the Teucrium Corn Fund, filed on November 1, 2011 and incorporated by reference herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 3pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --> -</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(6) Incorporated by reference to Post-Effective Amendment No. 3
to the Registration Statement on Form S-1 for Teucrium Commodity Trust (File No. 333-162033) filed on April 18, 2012.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(7) Previously filed as like-numbered exhibit to Post-Effective
Amendment No. 2 to Registrant&rsquo;s Registration Statement (33-167593), filed April 18, 2012 and incorporated by reference herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(8) Previously filed as like-numbered exhibit to Post-Effective
Amendment No. 1 to Registrant&rsquo;s Registration Statement on Form S-1 for Teucrium Commodity Trust (File No. 333-187434) filed
on April 26, 2013.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(9) Previously filed as like-numbered exhibit to Post-Effective
Amendment No. 2 to Registrant&rsquo;s Registration Statement on Form S-1 for Teucrium Commodity Trust (File No. 333-187434) filed
on April 29, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 6pt">(10) Filed herewith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt">(b)<I>&nbsp;Financial Statement Schedules</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.25in">The financial statement schedules are either
not applicable or the required information is included in the financial statements and footnotes related thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt"><B>Item&nbsp;17.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Undertakings</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.25in">(a)&nbsp;Each undersigned registrant hereby
undertakes:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.25in">(1)&nbsp;To file, during any period in which
offers or sales are being made, a post-effective amendment to this registration statement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.25in">(i)&nbsp;To include any prospectus required
by section&nbsp;10(a)(3) of the Securities Act of 1933;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.25in">(ii)&nbsp;To reflect in the prospectus any
facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof)
which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement.&nbsp;&nbsp;Notwithstanding
the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would
not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be
reflected in the form of prospectus filed with the Securities and Exchange Commission pursuant to Rule&nbsp;424(b) if, in the aggregate,
the changes in volume and price represent no more than 20&nbsp;percent change in the maximum aggregate offering price set forth
in the &ldquo;Calculation of Registration Fee&rdquo; table in the effective registration statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.25in">(iii)&nbsp;To include any material information
with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such
information in the registration statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.25in">(2)&nbsp;That, for the purpose of determining
any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial
<I>bona fide </I>offering thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.25in">(3)&nbsp;To remove from registration by means
of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.25in">(4)&nbsp;That, for the purpose of determining
liability under the Securities Act of 1933 to any purchaser:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.25in">(i)&nbsp;If the registrant is subject to Rule&nbsp;430C
(&sect;230.430C of this chapter), each prospectus filed pursuant to Rule&nbsp;424(b) as part of a registration statement relating
to an offering, other than registration statements relying on Rule&nbsp;430B or other than prospectuses filed in reliance on Rule&nbsp;430A
(&sect;230.430A of this chapter), shall be deemed to be part of and included in the registration statement as of the date it is
first used after effectiveness.&nbsp;&nbsp;Provided, however, that no statement made in a registration statement or prospectus
that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration
statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior
to such first use, </P>

<!-- Field: Page; Sequence: 5; Value: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 3pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --> -</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt">supersede or modify any statement that was made in the registration statement or prospectus that was part of
the registration statement or made in any such document immediately prior to such date of first use.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.25in">(5)&nbsp;That, for the purpose of determining
liability of the registrant under the Securities Act of 1933 to any purchaser in the initial distribution of the securities:&nbsp;&nbsp;The
undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration
statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or
sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser
and will be considered to offer or sell such securities to such purchaser:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.25in">(i)&nbsp;Any preliminary prospectus or prospectus
of the undersigned registrant relating to the offering required to be filed pursuant to Rule&nbsp;424 (&sect;230.424 of this chapter);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.25in">(ii)&nbsp;Any free writing prospectus relating
to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the undersigned registrant;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.25in">(iii)&nbsp;The portion of any other free writing
prospectus relating to the offering containing material information about the undersigned registrant or its securities provided
by or on behalf of the undersigned registrant;&nbsp;and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.25in">(iv)&nbsp;Any other communication that is an
offer in the offering made by the undersigned registrant to the purchaser.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 0.25in">(b)&nbsp;Insofar as indemnification for liabilities
arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant
to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission
such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable.&nbsp;&nbsp;In the event
that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid
by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is
asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will,
unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction
the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final
adjudication of such issue.</P>


<!-- Field: Page; Sequence: 6; Value: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 3pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --> -</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-align: center"><B>SIGNATURES </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt">Pursuant to the requirements of the Securities Act of 1933,
the Registrant has duly caused this Post-Effective Amendment No. 3 to the Registration Statement on Form S-1 to be signed on its
behalf by the undersigned, thereunder duly authorized, in the town of Brattleboro, state of Vermont, on May 2, 2014.</P>

<table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td>&nbsp;</td>
    <td colspan="2"><font style="font-size: 10pt"><b>Teucrium Commodity Trust</b></font></td></tr>
<tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-left: 12pt; text-indent: -12pt">&nbsp;</td>
    <td colspan="2" style="padding-left: 12pt; text-indent: -12pt"><font style="font-size: 10pt">By: Teucrium Trading, LLC, Sponsor</font></td></tr>
<tr>
    <td>&nbsp;</td>
    <td colspan="2">&nbsp;</td></tr>
<tr>
    <td style="width: 60%; padding-left: 12pt">&nbsp;</td>
    <td style="vertical-align: bottom"><font style="font-size: 10pt">By:</font></td>
    <td style="vertical-align: top; border-bottom: black 1pt solid"><font style="font-size: 10pt">/s/ Dale Riker</font></td></tr>
<tr style="vertical-align: bottom">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt">Dale Riker<BR>
Principal Executive Officer, Secretary
and Member</P></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-indent: 20pt">Pursuant to the requirements of the Securities
Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated.
The document may be executed by signatories hereto on any number of counterparts, all of which shall constitute one and the same
instrument.</P>

<table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
    <td style="width: 37%; font-size: 12pt">&nbsp;</td>
    <td style="vertical-align: bottom; width: 1%; font-size: 12pt">&nbsp;</td>
    <td style="width: 44%; font-size: 12pt">&nbsp;</td>
    <td style="vertical-align: bottom; width: 3%; font-size: 12pt">&nbsp;</td>
    <td style="width: 15%; font-size: 12pt">&nbsp;</td></tr>
<tr style="vertical-align: bottom">
    <td nowrap style="border-bottom: black 1pt solid; padding-bottom: 0.75pt; font-size: 8pt; text-align: center"><font style="font-size: 8pt"><b>Signature </b></font></td>
    <td style="font-size: 12pt">&nbsp;</td>
    <td nowrap style="border-bottom: black 1pt solid; padding-bottom: 0.75pt; font-size: 8pt; text-align: center"><font style="font-size: 8pt"><b>Title </b></font></td>
    <td style="font-size: 12pt">&nbsp;</td>
    <td nowrap style="border-bottom: black 1pt solid; padding-bottom: 0.75pt; font-size: 8pt; text-align: center"><font style="font-size: 8pt"><b>Date </b></font></td></tr>
<tr>
    <td style="vertical-align: top; padding-top: 12pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: black 0.75pt solid; margin-right: 0; margin-bottom: 0; margin-left: 0">/s/ Sal Gilbertie</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 6pt">Sal Gilbertie</P></td>
    <td style="vertical-align: bottom; padding-top: 12pt; font-size: 12pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 12pt; padding-bottom: 0.75pt"><font style="font-size: 10pt">President/Chief Investment Officer/Member of the Sponsor </font></td>
    <td style="vertical-align: bottom; padding-top: 12pt; font-size: 12pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 12pt"><font style="font-size: 10pt">May 2, 2014 </font></td></tr>
<tr>
    <td style="font-size: 12pt">&nbsp;</td>
    <td colspan="2" style="font-size: 12pt">&nbsp;</td>
    <td colspan="2" style="font-size: 12pt">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top; padding-top: 12pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: black 0.75pt solid; margin-right: 0; margin-bottom: 0; margin-left: 0">/s/ Dale Riker</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 6pt">Dale Riker</P></td>
    <td style="vertical-align: bottom; padding-top: 12pt; font-size: 12pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 12pt; padding-bottom: 0.75pt"><font style="font-size: 10pt">Secretary/Chief Executive Officer/Principal Executive Officer/Member of the Sponsor </font></td>
    <td style="vertical-align: bottom; padding-top: 12pt; font-size: 12pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 12pt"><font style="font-size: 10pt">May 2, 2014 </font></td></tr>
<tr>
    <td style="font-size: 12pt">&nbsp;</td>
    <td colspan="2" style="font-size: 12pt">&nbsp;</td>
    <td colspan="2" style="font-size: 12pt">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top; padding-top: 12pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: black 0.75pt solid; margin-right: 0; margin-bottom: 0; margin-left: 0">* Barbara Riker</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 6pt">Barbara Riker</P></td>
    <td style="vertical-align: bottom; padding-top: 12pt; font-size: 12pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 12pt"><font style="font-size: 10pt">Chief Financial Officer/Chief Accounting Officer/Chief Compliance Officer/Principal Financial Officer </font></td>
    <td style="vertical-align: bottom; padding-top: 12pt; font-size: 12pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 12pt"><font style="font-size: 10pt">May 2, 2014 </font></td></tr>
<tr>
    <td style="font-size: 8pt">&nbsp;</td>
    <td colspan="2" style="font-size: 8pt">&nbsp;</td>
    <td colspan="2" style="font-size: 8pt">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top; padding-top: 12pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: black 0.75pt solid; margin-right: 0; margin-bottom: 0; margin-left: 0">* Steve Kahler</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 6pt">Steve Kahler</P></td>
    <td style="vertical-align: bottom; padding-top: 12pt; font-size: 12pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 12pt"><font style="font-size: 10pt">Chief Operating Officer </font></td>
    <td style="vertical-align: bottom; padding-top: 12pt; font-size: 12pt">&nbsp;</td>
    <td style="vertical-align: top; padding-top: 12pt"><font style="font-size: 10pt">May 2, 2014</font></td></tr>
<tr>
    <td style="font-size: 12pt">&nbsp;</td>
    <td colspan="2" style="font-size: 12pt">&nbsp;</td>
    <td colspan="2" style="font-size: 12pt">&nbsp;</td></tr>
<tr>
    <td style="font-size: 12pt">&nbsp;</td>
    <td colspan="2" style="font-size: 12pt">&nbsp;</td>
    <td colspan="2" style="font-size: 12pt">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: black 0.75pt solid; margin-right: 0; margin-bottom: 0; margin-left: 0">* Carl N. Miller</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt">Carl N. Miller III</P></td>
    <td style="vertical-align: bottom; font-size: 12pt">&nbsp;</td>
    <td style="vertical-align: top"><font style="font-size: 10pt">Member of the Sponsor </font></td>
    <td style="vertical-align: bottom; font-size: 12pt">&nbsp;</td>
    <td style="vertical-align: top"><font style="font-size: 10pt">May 2, 2014</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt">*&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Signed by Sal Gilbertie
and Dale Riker pursuant to a power of attorney signed by each of the persons above and filed as part of the Registration Statement
on Form S-1 for Teucrium Commodity Trust No. 333-187434 filed on March 21, 2013.</P>


<!-- Field: Page; Sequence: 7; Value: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 3pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --> -</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-align: center">Exhibit Index</P>

<table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 96px"><font style="font-size: 10pt">Exhibit 23.2 </font></td>
    <td><font style="font-size: 10pt">Consent of Independent Registered Public Accounting Firm </font></td></tr>
</table>

<!-- Field: Page; Sequence: 8; Value: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 3pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --> -</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.2
<SEQUENCE>2
<FILENAME>e58734ex23-2.htm
<DESCRIPTION>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-align: right"><B>Exhibit 23.2 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-align: center"><B><U>CONSENT OF INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM </U></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 3pt 0 6pt; text-align: justify">We hereby consent to the incorporation
by reference in Post-Effective Amendment No. 2 to the Registration Statement (Number 333-187434) on Form S-1 of our reports each
dated March 14, 2014 relating to the financial statements of Teucrium Commodity Trust and Teucrium Natural Gas Fund as of December
31, 2013 and 2012, appearing in the Annual Report on Form 10-K of Teucrium Commodity Trust filed on March 17, 2014, and of our
report dated April 3, 2014 relating to the consolidated financial statements of Teucrium Trading, LLC and Subsidiary as of December
31, 2013 and 2012, appearing in the Current Report on Form 8-K filed on April 7, 2014, and to the reference to our Firm under the
caption &ldquo;Experts&rdquo; in the Prospectus.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 9pt 0 0">/s/ Rothstein Kass</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 9pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">Walnut Creek, California</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">April 28, 2014</P>



<!-- Field: Page; Sequence: 8; Value: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; padding-bottom: 3pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">- 9 -</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
