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Fair Value Measurements (Cane) (Tables) (Teucrium Sugar Fund [Member])
9 Months Ended
Sep. 30, 2014
Teucrium Sugar Fund [Member]
 
Schedule of Assets and Liabilities Measured at Fair Value

September 30, 2014

                      Balance as of  
Assets:   Level 1     Level 2     Level 3    

September 30, 2014

 
Cash equivalents   $ 2,509,494     $ -     $ -     $ 2,509,494  

 

                      Balance as of  
Liabilities:   Level 1     Level 2     Level 3    

September 30, 2014

 
Sugar futures contracts   $ 217,235     $ -     $ -     $ 217,235  

 

December 31, 2013

                      Balance as of  
Assets:   Level 1     Level 2     Level 3    

December 31, 2013

 
Cash equivalents   $ 2,366,377     $ -     $ -     $ 2,366,377  

 

                      Balance as of  
Liabilities:   Level 1     Level 2     Level 3    

December 31, 2013

 
Commodity futures contracts   $ 183,400     $ -     $ -     $ 183,400  

 

Schedule of Transfers by Fair Value Hierarchy

Transfers into and out of each level of the fair value hierarchy for the MAR16 Sugar Contracts for the nine months ended September 30, 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  
Assets (at fair value)                                                
Derivative contracts                                                
Sugar future contracts   $ 17,405     $ 17,405     $ 17,405     $ 17,405     $ -     $ -  

 

Transfers into and out of each level of the fair value hierarchy for the FEB15 Sugar Contracts, for the nine months ended September 30, 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                                                
Sugar future contracts   $ 62,082     $ 62,082     $ 62,082     $ 62,082     $ -     $ -