Teucrium Trading, LLC (Teucrium) (
), 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.