Teucrium Soybean Fund ETV (SOYB) Covered Calls

The Teucrium Soybean Fund is an exchange-traded fund designed to provide investors with a cost-effective way to gain price exposure to the soybean market. The fund tracks an index of Chicago Board of Trade (CBOT) soybean futures contracts, utilizing a laddered approach across three different expiration dates to mitigate the impact of contango. It is a benchmark tool for participants seeking to hedge agricultural risk or express a tactical view on global grain demand.

You can sell covered calls on Teucrium Soybean Fund ETV to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for SOYB (prices last updated Wed 4:16 PM ET):

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Core Business and Products

The Teucrium Soybean Fund (SOYB) is a commodity-based ETF that offers pure-play exposure to soybean prices without the need for a dedicated futures account. The fund is structured to track the Teucrium Soybean Index, which is composed of three specific CBOT soybean futures contracts: the second-to-expire contract (weighted 35%), the third-to-expire contract (weighted 30%), and the contract expiring in the November following the third-to-expire contract (weighted 35%).

By spreading its holdings across multiple maturities, SOYB aims to reduce the negative effects of "roll yield" or contango, which occurs when near-term contracts are cheaper than longer-term ones. This laddered strategy provides a more representative view of the soybean market over time. As of 2026, soybeans remain a critical global commodity, serving as a primary source of protein for livestock, a base for cooking oils, and a key feedstock for the growing renewable diesel and biofuel industries.

Competitive Landscape

The agricultural commodity space is influenced by complex factors including weather patterns, geopolitical trade relations (particularly between the U.S. and China), and global energy policies. SOYB is the primary ETF dedicated exclusively to soybeans. It competes with broad-based agricultural funds and direct futures trading, offering a simpler, stock-like vehicle for market participants.

Key related investment vehicles and competitors in the agricultural and commodity space include:

1. Invesco DB Agriculture Fund: A broad diversified agricultural ETF that includes soybeans as part of a larger basket of commodities like corn, wheat, and sugar.
2. Teucrium Corn Fund: A sister fund that provides similar single-commodity exposure to the corn futures market.
3. Teucrium Wheat Fund: Another specialized peer focusing on the wheat market using the same laddered futures methodology.
4. VanEck Agribusiness ETF: An equity-based fund that invests in companies involved in the agricultural supply chain rather than direct commodity futures.

Strategic Outlook and Innovation

In 2026, the strategic importance of soybeans is magnified by the global shift toward sustainable aviation fuel (SAF) and bio-based plastics. As the largest importer, China’s purchasing shifts continue to drive significant volatility in SOYB’s underlying contracts. The fund’s tax structure typically qualifies for Section 1256 treatment (60% long-term / 40% short-term capital gains), which can be an advantage for high-net-worth tactical traders.

Innovation at Teucrium involves the disciplined execution of its "roll" strategy to ensure the fund remains highly liquid and transparent for its users. By providing a bridge between the sophisticated futures markets and the equity markets, SOYB allows for easier portfolio diversification into "real assets" that historically show low correlation with traditional stocks and bonds. This makes it an evergreen tool for inflation hedging and global trade speculation.

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