Fair Value Measurements (Teucrium WTI Crude Oil Fund [Member])

6 Months Ended

Jun. 30, 2012

Teucrium WTI Crude Oil 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	$	1,657,116	$	-	$	-	$	1,657,116

							Balance
							as of
							June 30,
Liabilities:	Level 1		Level 2		Level 3		2012
WTI crude oil futures contracts		170,533		-		-		170,533

December 31, 2011

							Balance
							as of
							December 31,
Assets:	Level 1		Level 2		Level 3		2011
Cash equivalents	$	4,139,910	$	-	$	-	$	4,139,910
WTI crude oil futures contracts		116,142		-		-		116,142
Total	$	4,256,052	$	-	$	-	$	4,256,052

							Balance
							as of
							December 31,
Liabilities:	Level 1		Level 2		Level 3		2011
WTI crude oil futures contracts	$	168	$	-	$	-	$	168

During the period ended June 30, 2012 and from the commencement of operations (February 23, 2011) through June 30, 2011, the Fund did not have any significant transfers between any of the levels of the fair value hierarchy.