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Derivative Instruments and Hedging Activities (Tables) (Teucrium Corn Fund [Member])
6 Months Ended
Jun. 30, 2012
Teucrium Corn Fund [Member]
 
Schedule of Fair Value of Derivative Instruments

At June 30, 2012, the fair value of derivative instruments was as follows:

 

Primary Underlying Risk   Asset Derivatives   Liability Derivatives   Net Derivatives
Commodity price                        
Corn futures contracts   $ 3,935,961     $ -     $ 3,935,961  

 

 

At December 31, 2011, the fair value of derivative instruments was as follows:

 

 

Primary Underlying Risk   Asset Derivatives   Liability Derivatives   Net Derivatives
Commodity Price                        
Corn futures contracts   $ 1,928,408     $ (2,711,523 )   $ (783,115 )

 

Schedule of Realized and Unrealized Gains (Losses) of Derivative Instruments

For the period from April 1, 2012 to June 30, 2012

 

    Realized Loss on     Net Change in Unrealized Gain  
Primary Underlying Risk   Derivative Instruments     on Derivative Instruments  
Commodity Price                
Corn futures contracts   $ (2,255,455 )   $ 6,161,715  

 

For the period from January 1, 2012 to June 30, 2012

 

    Realized Loss on     Net Change in Unrealized Gain  
Primary Underlying Risk   Derivative Instruments     on Derivative Instruments  
Commodity Price                
Corn futures contracts   $ (4,391,819 )   $ 4,719,076  

 

 

For the period from April 1, 2011 to June 30, 2011

 

    Realized Gain on     Net Change in Unrealized Loss  
Primary Underlying Risk   Derivative Instruments     on Derivative Instruments  
Commodity Price                
Corn futures contracts   $ 1,989,590     $ (14,224,512 )

 

For the period from January 1, 2011 to June 30, 2011

 

    Realized Gain on     Net Change in Unrealized Loss  
Primary Underlying Risk   Derivative Instruments     on Derivative Instruments  
Commodity Price                
Corn futures contracts   $ 5,675,823     $ (10,262,443 )

 

 

Schedule of Volume of Derivative Activities

At June 30, 2012, the fair value of derivative instruments was as follows:

 

    Long Exposure  
    Notional     Number  
Primary Underlying Risk   Amounts     of Contracts  
Commodity price                
Corn futures contracts   $ 61,966,713       2,035  

 

At December 31, 2011, the fair value of derivative instruments was as follows:

 

    Long Exposure  
    Notional     Number  
Primary Underlying Risk   Amounts     of Contracts  
Commodity price                
Corn futures contracts   $ 71,289,525       2,260