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Fair Value Measurements (Trust) (Tables) (Teucrium Commodity Trust [Member])
 3 Months Ended
Mar. 31, 2014
Teucrium Commodity Trust [Member]
  
Schedule of Assets and Liabilities Measured at Fair Value

March 31, 2014

                Balance as of
Assets:   Level 1   Level 2   Level 3   March 31, 2014
Cash equivalents   $ 141,831,046     $ -     $ -     $ 141,831,046  
Commodity futures contracts                                
Corn futures contracts     6,200,625       -       -       6,200,625  
Natural gas futures contracts     111,110       -       -       111,110  
WTI crude oil futures contracts     137,100       -       -       137,100  
Soybean futures contracts     154,063       12,075       -       166,138  
Sugar futures contracts     50,691       -       -       50,691  
Wheat futures contracts     788,013       -       -       788,013  
Total   $ 149,272,648     $ 12,075     $ -     $ 149,284,723  
                 
                Balance as of
Liabilities:   Level 1   Level 2   Level 3   March 31, 2014
Commodity futures contracts                                
Natural gas futures contracts   $ 5,900     $ -     $ -     $ 5,900  
Soybean futures contracts     29,650       -       -       29,650  
Sugar futures contracts     9,845       -       -       9,845  
Total   $ 45,395     $ -     $ -     $ 45,395  

 

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  
Schedule of Transfers by Fair Value Hierarchy

Transfers into and out of each level of the fair value hierarchy for the NOV15 Soybean Contracts for the three months ended March 31, 2014 were as follows:

    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                                                
Soybean future contracts   $ -     $ 12,075     $ 12,075     $ -     $ -     $ -  

Transfers into and out of each level of the fair value hierarchy for the JUL13 Corn Contracts and the NOV14 Soybean Contracts for the three months ended March 31, 2013 were as follows:

    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 futures contracts   $ -     $ 1,010,962     $ 1,010,962     $ -     $ -     $ -  
Soybean future contracts   $ -     $ 6,850     $ 6,850     $ -     $ -     $ -