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Fair Value Measurements (Corn) (Tables) (Teucrium Corn Fund [Member])
6 Months Ended
Jun. 30, 2014
Teucrium Corn 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   $ 74,777,820     $ -     $ -     $ 74,777,820  
                         
                      Balance as of  
Liabilities:   Level 1     Level 2     Level 3     June 30, 2014  
Commodity futures contracts   $ 9,730,475     $ -     $ -     $ 9,730,475  
                         

December 31, 2013

                       
                         
                      Balance as of  
Assets:   Level 1     Level 2     Level 3     December 31, 2013  
Cash equivalents   $ 42,405,220     $ -     $ -     $ 42,405,220  
                         
                      Balance as of  
Liabilities:   Level 1     Level 2     Level 3     December 31, 2013  
Commodity futures contracts   $ 4,884,788     $ -     $ -     $ 4,884,788  

 

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     $      -     $      -