Fair Value Measurements (Soyb) (Tables) (Teucrium Soybean Fund [Member])

6 Months Ended

Jun. 30, 2014

Teucrium Soybean Fund [Member]

Schedule of Assets and Liabilities Measured at Fair Value

June 30, 2014

							Balance as of
Assets:	Level 1		Level 2		Level 3		June 30, 2014
Cash equivalents	$	5,371,805	$	-	$	-	$	5,371,805
Commodity futures contracts		4,762		-		-		4,762
Total	$	5,376,567	$	-	$	-	$	5,376,567

							Balance as of
Liabilities:	Level 1		Level 2		Level 3		June 30, 2014
Commodity futures contracts	$	178,962	$	-	$	-	$	178,962

December 31, 2013

							Balance as of
Assets:	Level 1		Level 2		Level 3		December 31, 2013
Cash equivalents	$	3,765,791	$	-	$	-	$	3,765,791

							Balance as of
Liabilities:	Level 1		Level 2		Level 3		December 31, 2013
Commodity futures contracts	$	188,863	$	-	$	-	$	188,863

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 six months ended June 30, 2014 were as follows:

Transfers

into

out of

into

out of

into

out of

Level 1

Level 2

Level 3

Liabilities (at fair value)

Derivative contracts

Soybean future contracts

12,075

Transfers into and out of each level of the fair value hierarchy for the NOV14 Soybean Contracts for the six months ended June 30, 2013 were as follows:

Transfers

into

out of

into

out of

into

out of

Level 1

Level 2

Level 3

Liabilities (at fair value)

Derivative contracts

Soybean future contracts

6,850