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Fair Value Measurements (Trust) (Tables) (Teucrium Commodity Trust [Member])
12 Months Ended
Dec. 31, 2013
Teucrium Commodity Trust [Member]
 
Schedule of Assets and Liabilities Measured at Fair Value

 

December 31, 2013

                      Balance as of  
Assets:   Level 1     Level 2     Level 3     December 31, 2013  
Cash equivalents   $ 58,707,245     $ -     $ -     $ 58,707,245  
Commodity futures contracts                                
Natural gas futures contracts     84,050       -       -       84,050  
WTI crude oil futures contracts     87,530       -       -       87,530  
Total   $ 58,878,825     $ -     $ -     $ 58,878,825  

 

                      Balance as of  
Liabilities:   Level 1     Level 2     Level 3     December 31, 2013  
Commodity futures contracts                                
Corn futures contracts   $ 4,884,788     $ -     $ -     $ 4,884,788  
WTI crude oil futures contracts     5,080       -       -       5,080  
Soybean futures contracts     188,863       -       -       188,863  
Sugar futures contracts     183,400       -       -       183,400  
Wheat futures contracts     698,675       -       -       698,675  
Total   $ 5,960,806     $ -     $ -     $ 5,960,806  

 

December 31, 2012

                      Balance as of  
Assets:   Level 1     Level 2     Level 3     December 31, 2012  
Cash equivalents   $ 52,575,291     $ -     $ -     $ 52,575,291  
Commodity futures contracts                                
Natural gas futures contracts     9,550       -       -       9,550  
WTI crude oil futures contracts     44,872       -       -       44,872  
Soybean futures contracts     63,200       -       -       63,200  
Wheat futures contracts     15,762       -       -       15,762  
Total   $ 52,708,675     $ -     $ -     $ 52,708,675  

 

                      Balance as of  
Liabilities:   Level 1     Level 2     Level 3     December 31, 2012  
Commodity futures contracts                                
Corn futures contracts   $ 2,213,775     $ -     $ -     $ 2,213,775  
Natural gas futures contracts     233,919       -       -       233,919  
WTI crude oil futures contracts     58,090       -       -       58,090  
Soybean futures contracts     284,575       -       -       284,575  
Sugar futures contracts     78,378       -       -       78,378  
Wheat futures contracts     206,850       -       -       206,850  
Total   $ 3,075,587     $ -     $ -     $ 3,075,587  

 

Schedule of Transfers by Fair Value Hierarchy

 

    Transfers     Transfers     Transfers     Transfers     Transfers     Transfers  
    into     out of     into     out of     into     out of  
    Level 1     Level 1     Level 2     Level 2     Level 3     Level 3  
Liabilities (at fair value)                                                
Derivative contracts                                                
Corn future contracts   $ 1,010,962     $ 1,010,962     $ 1,010,962     $ 1,010,962     $ -     $ -  
Soybean future contracts     6,850       6,850       6,850       6,850       -       -  
Sugar future contracts     62,082       62,082       62,082       62,082       -       -  
Wheat future contracts     448,125       448,125       448,125       448,125       -       -  
Total   $ 1,528,019     $ 1,528,019     $ 1,528,019     $ 1,528,019     $ -     $ -