Fair Value Measurements (Teucrium Soybean Fund [Member])

6 Months Ended

Jun. 30, 2012

Teucrium Soybean Fund [Member]

Fair Value Measurements

Note 3 - Fair Value Measurements

The Fund's assets and liabilities recorded at fair value have been categorized based upon a fair value hierarchy as described in the Fund's significant accounting policies in Note 2. The following table presents information about the Fund's assets and liabilities measured at fair value as of June 30, 2012 and December 31, 2011:

June 30, 2012							Balance
							as of
							June 30,
Assets:	Level 1		Level 2		Level 3		2012
Cash equivalents	$	2,240,405	$	-	$	-	$	2,240,405
Soybean futures contracts		148,038		-		-		148,038
Total	$	2,388,443	$	-	$	-	$	2,388,443

December 31, 2011							Balance
							as of
							December 31,
Assets:	Level 1		Level 2		Level 3		2011
Cash equivalents	$	2,055,369	$	-	$	-	$	2,055,369
Soybean futures contracts		9,994		-		-		9,994
Total	$	2,065,363	$	-	$	-	$	2,065,363

							Balance
							as of
							December 31,
Liabilities:	Level 1		Level 2		Level 3		2011
Soybean futures contracts	$	164,663	$	-	$	-	$	164,663

During the period ended June 30, 2012 the Fund did not have any significant transfers between any of the levels of the fair value hierarchy.