Fair Value Measurements (Teucrium Wheat Fund [Member])

6 Months Ended

Jun. 30, 2012

Teucrium Wheat 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	$	2,448,816	$	-	$	-	$	2,448,816
Wheat futures contracts		318,050		-		-		318,050
Total	$	2,766,866	$	-	$	-	$	2,766,866

December 31, 2011							Balance
							as of
							December 31,
Assets:	Level 1		Level 2		Level 3		2011
Cash equivalents	$	2,022,024	$	-	$	-	$	2,022,024
Wheat futures contracts		71,170		-		-		71,170
Total	$	2,093,194	$	-	$	-	$	2,093,194

							Balance
							as of
							December 31,
Liabilities:	Level 1		Level 2		Level 3		2011
Wheat futures contracts	$	141,468	$	-	$	-	$	141,468

During the period from January 1, 2012 through June 30, 2012, the Fund did not have any significant transfers between any of the levels of the fair value hierarchy.