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Derivative Instruments and Hedging Activities (Trust) (Tables) (Teucrium Commodity Trust [Member])
 9 Months Ended
Sep. 30, 2014
Teucrium Commodity Trust [Member]
  
Schedule of Fair Value of Derivative Instruments

Offsetting of Financial Assets and Derivative Assets as of September 30, 2014

    (i)     (ii)     (iii) = (i) – (ii)     (iv)     (v) = (iii) – (iv)  
                               
                      Gross Amount Not Offset in the      
                      Statement of Assets and
Liabilities		      
          Gross Amount     Net Amount                  
          Offset in the     Presented in the                  
    Gross Amount     Statement of     Statement of                  
    of Recognized     Assets and     Assets and     Futures Contracts      Collateral, Due      
Description    Assets     Liabilities     Liabilities     Available for Offset     to Broker     Net Amount
Commodity price                                              
   Natural gas futures contracts   $ 430     $ -     $ 430     $ 430     $ -     $ -
   WTI crude oil futures contracts     3,030       -       3,030       3,030       -       -

 

 

Offseting of Financial Liabilities and Derivative Liabilities as of September 30, 2014

    (i)     (ii)     (iii) = (i) – (ii)     (iv)     (v) = (iii) – (iv)  
                                     
                      Gross Amount Not Offset in the        
                      Statement of Assets and
Liabilities		        
          Gross Amount     Net Amount                    
          Offset in the     Presented in the                    
    Gross Amount     Statement of     Statement of                    
    of Recognized     Assets and     Assets and     Futures Contracts      Collateral, Due        
Description    Liabilities     Liabilities     Liabilities     Available for Offset     from Broker     Net Amount  
Commodity price                                                
   Corn futures contracts   $ 16,589,737     $ -     $ 16,589,737     $ -     $ 23,455,087     $ 6,865,350  
   Natural gas futures contracts     42,730       -       42,730       430       84248       41,948  
WTI crude oil futures contracts     30,550               30,550       3,030       22,655       4,865  
   Soybean futures contracts     727,350       -       727,350       -       938,888       211,538  
   Sugar futures contracts     217,235       -       217,235       -       306,170       88,935  
Wheat futures contracts     4,439,663       -       4,439,663       -       5,783,936       1,344,273  

 

Offsetting of Financial Assets and Derivative Assets as of December 31, 2013

    (i)     (ii)     (iii) = (i) – (ii)     (iv)     (v) = (iii) – (iv)  
                                     
                      Gross Amount Not Offset in the        
                      Statement of Assets and
Liabilities		        
          Gross Amount     Net Amount                    
          Offset in the     Presented in the                    
    Gross Amount     Statement of     Statement of                    
    of Recognized     Assets and     Assets and     Futures Contracts      Collateral, Due        
Description    Assets     Liabilities     Liabilities     Available for Offset     to Broker     Net Amount  
Commodity price                                                
   Natural gas futures contracts   $ 84,050     $ -     $ 84,050     $ -     $ 74,157     $ 9,893  
   WTI crude oil futures contracts     87,530       -       87,530       5,080       23,445       59,005  

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2013

    (i)     (ii)     (iii) = (i) – (ii)     (iv)     (v) = (iii) – (iv)  
                                     
                      Gross Amount Not Offset in the        
                      Statement of Assets and
Liabilities		        
          Gross Amount     Net Amount                    
          Offset in the     Presented in the                    
    Gross Amount     Statement of     Statement of                    
    of Recognized     Assets and     Assets and     Futures Contracts      Collateral, Due        
Description    Liabilities     Liabilities     Liabilities     Available for Offset     from Broker     Net Amount  
Commodity price                                                
   Corn futures contracts   $ 4,884,788     $ -     $ 4,884,788     $ -     $ 9,852,213     $ 4,967,425  
   WTI crude oil futures contracts     5,080       -       5,080       5,080       -       -  
   Soybean futures contracts     188,863       -       188,863       -       400,752       211,889  
   Sugar futures contracts     183,400       -       183,400       -       261,687       78,287  
   Wheat futures contracts     698,675       -       698,675       -       1,253,668       554,993  

 
Schedule of Realized and Unrealized Gains (Losses) of Derivative Instruments

Three months ended September 30, 2014

    Realized (Loss) Gain on     Net Change in Unrealized Loss  
Primary Underlying Risk   Derivative Instruments     on Derivative Instruments  
Commodity price                
Corn futures contracts   $ (16,012,787 )   $ (6,859,262 )
Natural gas futures contracts     4,960       (109,020 )
WTI crude oil futures contracts     -       (223,730 )
Soybean futures contracts     (392,525)       (553,150 )
Sugar futures contracts     (134,792)       (222,499 )
Wheat futures contracts     (2,915,100       (2,260,751 )
Total commodity futures contracts   $ (19,450,244)     $ (10,588,412 )

 

 

Three months ended September 30, 2013

    Realized (Loss) Gain on     Net Change in Unrealized (Loss)  
Primary Underlying Risk   Derivative Instruments     Gain on Derivative Instruments  
Commodity price                
Corn futures contracts   $ (3,670,163 )   $ (1,818,600 )
Natural gas futures contracts     (125,490 )     65,830  
WTI crude oil futures contracts     9,380       117,800  
Soybean futures contracts     183,763       (188,626 )
Sugar futures contracts     (113,288 )     174,888  
Wheat futures contracts     (513,650 )     480,925  
Total commodity futures contracts   $ (4,229,448 )   $ (1,167,783 )

 

Nine months ended September 30, 2014

    Realized (Loss) Gain on     Net Change in Unrealized Loss  
Primary Underlying Risk   Derivative Instruments     on Derivative Instruments  
Commodity price                
Corn futures contracts   $ (12,120,329)     $ (11,704,949 )
Natural gas futures contracts     288,110       (126,350 )
WTI crude oil futures contracts     93,280       (109,970)  
Soybean futures contracts     (149,950)       (538,487)  
Sugar futures contracts     (131,409)       (33,835)  
Wheat futures contracts     (2,329,112)       (3,740,988)  
Total commodity futures contracts   $ (14,349,410)     $ (16,254,579)

 


Nine months ended September 30, 2013

    Realized (Loss) Gain on     Net Change in Unrealized (Loss)  
Primary Underlying Risk   Derivative Instruments     Gain on Derivative Instruments  
Commodity price                
Corn futures contracts   $ (7,350,776 )   $ (2,428,550 )
Natural gas futures contracts     (224,549 )     130,339  
WTI crude oil futures contracts     (77,750 )     185,590  
Soybean futures contracts     8,838       (35,063 )
Sugar futures contracts     (398,406 )     76,855 )
Wheat futures contracts     (1,270,025 )     (36,062 )
Total commodity futures contracts   $ (9,312,668 )   $ (2,106,891 )