Attached files
Exhibit
31.1
CERTIFICATION
I, Sal Gilbertie, certify
that:
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1.
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I have reviewed this report on Form
10-Q of Teucrium Commodity Trust (the
“registrant”);
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2.
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Based on my knowledge, this report
does not contain any untrue statement of a material fact or omit to
state a material fact necessary to make the statements made, in
light of the circumstances under which such statements were made,
not misleading with respect to the period covered by this
report;
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3.
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Based on my knowledge, the financial
statements, and other financial information included in this
report, fairly present in all material respects the financial
condition, results of operations, changes in net assets, and cash
flows of the registrant as of, and for, the periods presented in
this report;
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4.
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The registrant’s other
certifying officers and I are responsible for establishing and
maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control
over financial reporting (as defined in Exchange Act Rules
13a-15(f) and 15d-15(f)) for the registrant and
have:
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a.
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Designed such disclosure controls
and procedures, or caused such disclosure controls and procedures
to be designed under our supervision, to ensure that material
information relating to the registrant, including its consolidated
subsidiaries, is made known to me by others within those entities,
particularly during the period in which this report is being
prepared;
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b.
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Designed such internal control over
financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide
reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting
principles;
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c.
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Evaluated the effectiveness of the
registrant’s disclosure controls and procedures and presented
in this report our conclusions about the effectiveness of the
disclosure controls and procedures, as of the end of the period
covered by this report based on such evaluation;
and
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d.
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Disclosed in this report any change
in the registrant’s internal control over financial reporting
that occurred during the registrant’s most recent fiscal
quarter (the registrant’s fourth fiscal quarter in the case
of an annual report) that has materially affected, or is reasonably
likely to materially affect, the Registrant’s internal
control over financial reporting; and
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5.
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The registrant’s other
certifying officer and I have disclosed, based on our most recent
evaluation of internal control over financial reporting, to the
registrant’s auditors and the audit committee of the
registrant’s board of directors (or persons performing the
equivalent functions):
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a.
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all significant deficiencies and
material weaknesses in the design or operation of internal control
over financial reporting which are reasonably likely to adversely
affect the registrant’s ability to record, process,
summarize, and report financial information;
and
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b.
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any fraud, whether or not material,
that involves management or other employees who have a significant
role in the registrant’s internal control over financial
reporting.
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By:
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/s/ Sal
Gilbertie
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Sal Gilbertie
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Chief Executive
Officer
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Teucrium Trading,
LLC
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Sponsor of Teucrium Commodity
Trust
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May 8,
2020
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