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

 

Offsetting 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     Futures Contracts              
    of Recognized   Assets and     Assets and     Available for     Collateral, Due        
Description    Liabilities   Liabilities     Liabilities     Offset     from Broker     Net Amount  
Commodity price                                              
   Wheat futures contracts   $ 4,439,663   $ -     $ 4,439,663     $ -     $ 5,783,936     $ 1,344,273  

 

 

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     Futures Contracts              
    of Recognized     Assets and     Assets and     Available for     Collateral, Due        
Description    Liabilities     Liabilities     Liabilities     Offset     from Broker     Net Amount  
Commodity price                                                
   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 on     Net Change in Unrealized Loss  
Primary Underlying Risk   Derivative Instruments     on Derivative Instruments  
Commodity price                
Wheat futures contracts   $ (2,915,100)     $ (2,620,751)  
 

Three months ended September 30, 2013

 

    Realized Loss on     Net Change in Unrealized Loss  
Primary Underlying Risk   Derivative Instruments     on Derivative Instruments  
Commodity price                
Wheat futures contracts   $ (513,650 )   $ 480,925  

  

Nine months ended September 30, 2014

 

    Realized Loss on     Net Change in Unrealized Loss  
Primary Underlying Risk   Derivative Instruments     on Derivative Instruments  
Commodity price                
Wheat futures contracts   $ (2,329,112)     $ (3,740,988)  

 

Nine months ended September 30, 2013

 

    Realized Loss on     Net Change in Unrealized Loss  
Primary Underlying Risk   Derivative Instruments     on Derivative Instruments  
Commodity price                
Wheat futures contracts   $ (1,270,025)     $ (36,062 )