Rescheduled to Today at 12 PM ET, The Agriculture Allocation Nobody's Crowded Into

Rescheduled to today at 12:00 PM ET. Register or join here.

Register + Join, 12 PM ET Today

Quick note before the substance. Yesterday's webinar with Jake Hanley of Teucrium was moved to today, Friday August 14, at 12:00 PM ET. Same Zoom link, same passcode, same registration URL. Anyone who registered yesterday is already in. If you missed the original invite, you can still get in below.

Register + join: us06web.zoom.us/webinar/register/WN_21rGpEjWQy-CcQp9tCysKw

Why the allocation nobody talks about is worth your lunch hour

Agriculture ETFs are approximately 0.01 percent of all ETF assets under management. Not one percent. One one-hundredth of one percent. In a market where every advisor is looking for uncorrelated return streams, one of the cleanest options has been sitting there almost entirely unallocated.

Wednesday's WASDE report from the USDA is the reason to start looking.

What just changed

The August 12 WASDE cut US wheat ending stocks for the 2026/27 marketing year to 717 million bushels, a 22 percent year-over-year decline. Production was revised down 5 million bushels, with Hard Red Winter and Durum both taking cuts. Season-average farm price moved up 20 cents to $6.20 per bushel.

On the global side, USDA cut Russia and Ukraine wheat exports by roughly 300,000 metric tons combined on ongoing Sea of Azov and Black Sea conflict. Those two countries move about 30 percent of world wheat trade between them. When their export logistics get disrupted, US and EU producers become the marginal supplier. EU and UK production also just got trimmed on grain-fill heat damage.

This is exactly the kind of setup where an agriculture allocation earns its keep. Tightening supply. A geopolitical wildcard. A commodity that trades independently of what the Nasdaq does tomorrow.

What Jake Hanley will cover today at 12 PM ET

Jake is Managing Director and Senior Portfolio Strategist at Teucrium, the only US ETF issuer dedicated exclusively to single-commodity agricultural exposure. WEAT, CORN, SOYB, CANE, and TAGS. Fourteen years of continuous read on retail and advisor agricultural futures positioning.

In today's session, he walks through:

The mechanics of futures-based agriculture ETFs. How they are structured, why they behave differently than equity ETFs, and what to know about K-1s versus 1099s before you recommend exposure.

The current supply-and-demand picture across the four major grains, not just the headline stocks-to-use ratios.

What happened in wheat this year, and the mechanics of how an under-owned asset class moves when a catalyst hits.

How allocators are actually sizing agriculture sleeves in real portfolios, and how a small dedicated position changes the correlation profile of a traditional 60/40.

And the piece most people miss. What to say to a client who asks why you are adding agriculture to their portfolio in 2026. The narrative matters. The narrative is currently very good.

Details

Date: Today, Friday August 14, 2026

Time: 12:00 PM ET

Format: Live Zoom webinar, approximately 60 minutes including Q&A

Continuing Education: 1 hour CFP CE approved (Investment Planning category). Attendance is captured automatically from Zoom's participant report. Certificates go out within 5 business days.

Audience: Financial advisors, RIAs, wealth managers, portfolio construction teams

Sponsor: Teucrium

Registration

Three ways to register. All three route to the same event.

1. Zoom registration page: us06web.zoom.us/webinar/register/WN_21rGpEjWQy-CcQp9tCysKw

2. Click here: Register for the Lead-Lag Live webinar

Register + Join, 12 PM ET Today

If you register and cannot make the live session, you will still receive the recording. But the live Q&A is where the actual conversation happens. That is not something the recording captures.

The allocation that is not in your book today is the one worth an hour of your time this afternoon.

See you at noon.

Michael A. Gayed, CFA

Publisher, The Lead-Lag Report

Founder, Lead-Lag Media

Sponsor

This webinar is sponsored by Teucrium. Teucrium is an ETF issuer specializing in futures-based commodity products, including agriculture, natural resources, and digital-asset strategies. This is not investment advice. Please consult your own advisor before making any allocation decisions. Teucrium disclosures and prospectus information are available at teucrium.com.