Teucrium Trading, LLC, a sponsor of a suite of six single commodity ETPs
that include energy and agriculture and one core agriculture commodity
ETP, is pleased to announce the launch of the Teucrium
Corn ClockSM, a real-time dynamic flip
clock which displays each second how many bushels of corn will be
required for that year just to supply the needs of the additional
population up to that point in time.
In commenting on the Corn
Clock which is displayed on the Teucrium website, Brandon
Riker, Director – Strategic Marketing and Analysis, said, “Teucrium’s
goal in establishing the Corn
Clock is to visually illustrate and create
awareness about how population growth can drive demand and thus impact
the supply necessary to meet this demand.”
Riker said that according to the U.S. Census Bureau, about 2.44 people
are added to the planet each second and each person uses, on average,
about 4.85 bushels of corn per year¹. As an example, since the beginning
of the year through 11:59:59 pm on February 28, 2013, the planet had
added over 12.4 million people. To support the demand for corn from just
these 12.4 million people, the world will need to produce about 60.3
million bushels of corn this year.
With the global population increasing by around 75 million people each
year, about twice the population of California, and each person using
about 4.85 bushels of corn¹, that means just to provide for that demand,
the planet must produce approximately 363.8 million additional bushels
of corn.
Riker additionally noted, “Based on current world-wide yield from the
USDA, this would mean about 4.87 million additional acres (an area about
the size of the state of New Jersey) would need to be planted to meet
the growing demand. However, all land is not created equal and there are
often issues, for example, with access to water and infrastructure.”²
Supply is a function of yield per acre and arable land under cultivation
and although historical yield per acre for many crops including corn has
increased, the yield change is not consistent year over year or ever
increasing, and does decline from time to time³.
Additionally, according to a United Nations Food and Agriculture
Organization report, “Much of the suitable land not yet in use is
concentrated in a few countries in Latin America and sub-Saharan Africa,
but many countries with growing rural populations in these areas are
extremely land-scarce, and much of the potential land is suitable for
growing only a few crops that are not necessarily those for which there
is the highest demand. Also, much of the land not yet in use suffers
from constraints (chemical, physical, endemic diseases, lack of
infrastructure, etc.) that cannot be easily overcome or that it is not
economically viable to do so.”²
You can view the Corn
Clock and access additional educational
information on the merits of investing in core agriculture commodities
and Teucrium’s Corn Fund, as well as find out more about the Teucrium’s
complete suite of core commodity funds, at www.teucrium.com
and www.teucriumcornfund.com.
The Teucrium Family of Funds includes: the Teucrium Agricultural Fund
which includes Corn, Soybeans, Wheat and Sugarcane (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).
¹Based on the United States Department of Agriculture’s (USDA) January
11, 2013 World Agricultural Supply and Demand Estimate (WASDE). http://www.fas.usda.gov/psdonline/psdQuery.aspx
²http://www.fao.org/fileadmin/templates/wsfs/docs/Issues_papers/HLEF2050_Global_Agriculture.pdf
³As reported per the USDA on the Nov 9, 2012 World Agriculture Supply
and Demand Report (WASDE)
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.
This material must be preceded or accompanied by a prospectus. Please
read the prospectus carefully before investing or sending money. To
obtain a current prospectus visit the links below:
TAGS: http://www.teucriumtagsfund.com/pdfs/tags-prospectus.pdf
SOYB:
http://www.teucriumsoybfund.com/pdfs/soyb-prospectus.pdf
CANE:
http://www.teucriumcanefund.com/pdfs/cane-prospectus.pdf
WEAT:
http://www.teucriumweatfund.com/pdfs/weat-prospectus.pdf
CORN:
http://www.teucriumcornfund.com/pdfs/corn-prospectus.pdf
NAGS:
http://www.teucriumnagsfund.com/pdfs/nags-prospectus.pdf
CRUD:
http://www.teucriumcrudfund.com/pdfs/crud-prospectus.pdf
