Principal Contracts and Agreements (Tags)	6 Months Ended
Jun. 30, 2015
Teucrium Agricultural Fund [Member]
Principal Contracts and Agreements	Note 2 – Principal Contracts and Agreements In its capacity as the Custodian for the Fund, the Custodian, currently the Bank of New York Mellon, holds for the Fund its Treasury Securities, cash and/or cash equivalents pursuant to a custodial agreement. The Custodian is also the registrar and transfer agent for the Fund's Shares. The Custodian also acts as a broker for some, but not all, of the equity transactions related to the purchase and sale of the Underlying Funds for TAGS. In addition, the Custodian also serves as Administrator for the Fund, performing certain administrative and accounting services and preparing certain SEC and CFTC reports on behalf of the Fund. For these services, the Custodian receives: for custody services: 0.0075% of average gross assets up to $1 billion, and 0.0050% of average gross assets over $1 billion, annually, plus certain per-transaction charges; for transfer agency services: 0.0075% of average gross assets annually; and for administrative services: 0.05% of average gross assets up to $1 billion, 0.04% of average gross assets between $1 billion and $3 billion, and 0.03% of average gross assets over $3 billion, annually. A combined minimum annual fee of up to $125,000 for custody, transfer agency and administrative services per Fund can be assessed. For the three months ended June 30, such expenses, which are recorded in custodian fees and expenses on the statements of operations, totaled $42,400 in 2015 and $366 in 2014; of these amounts $42,400 in 2015 and $366 in 2014, respectively, were waived by the Sponsor. For the six months ended June 30, such expenses, totaled $43,000 in 2015 and $949 in 2014; of these amounts $43,000 in 2015 and $949 in 2014, respectively, were waived by the Sponsor. The Bank of New York Mellon also serves as the primary clearing broker for the Fund in activity related to shares of the Underlying Funds. For this service the Fund recognized $0 for the three and six months ended June 30, 2015 and 2014. The Funds anticipate that, effective on a date prior to December 31, 2015 (the “Servicing Conversion Date”), U.S. Bank National Association (“U.S. Bank”), whose address is 1555 North Rivercenter Drive, Suite 302, Milwaukee, Wisconsin 53212, will replace the Bank of New York Mellon as the Funds' Custodian. Beginning on the Servicing Conversion Date, U.S. Bank will hold for each Fund its Treasury Securities, cash and/or cash equivalents pursuant to a custodial agreement. In addition, effective on the Servicing Conversion Date, U.S. Bancorp Fund Services, LLC (“USBFS”), a wholly owned subsidiary of U.S. Bank, will serve as administrator for each Fund, performing certain administrative and accounting services and preparing certain SEC reports on behalf of the Funds. Effective on the Servicing Conversion Date, USBFS will also become the registrar and transfer agent for each Fund's Shares. For such services, U.S. Bank and USBFS will receive an asset-based fee, subject to a minimum annual fee. The Sponsor does not anticipate any material change to the expenses for any Fund, net of expenses waived by the Sponsor, as a result of the servicing conversion to USBFS. The Sponsor and the Trust employ Foreside Fund Services, LLC as the Distributor for the Funds. The Distribution Services Agreement among the Distributor, the Sponsor and the Trust calls for the Distributor to work with the Custodian in connection with the receipt and processing of orders for Creation Baskets and Redemption Baskets and the review and approval of all Fund sales literature and advertising materials. The Distributor and the Sponsor have also entered into a Securities Activities and Service Agreement (the “SASA”) under which certain employees and officers of the Sponsor are licensed as registered representatives or registered principals of the Distributor, under FINRA rules. For its services as the Distributor, Foreside receives a fee of 0.01% of the Fund's average daily net assets and an aggregate annual fee of $100,000 for all Teucrium Funds, along with certain expense reimbursements. For its services under the SASA, Foreside receives a fee of $5,000 per registered representative and $1,000 per registered location. For the three months ended June 30, such expenses, which are recorded in distribution and marketing fees on the statement of operations, totaled $314 in 2015 and $604 in 2014; of these amounts $314 in 2015 and $604 in 2014, respectively, were waived by the Sponsor. For the six months ended June 30, such expenses, totaled $669 in 2015 and $1,033 in 2014; of these amounts $699 in 2015 and $1,033 in 2014, respectively, were waived by the Sponsor. In 2014, Newedge USA, LLC (“Newedge USA”) served as the Funds' futures commission merchant (“FCM”) and primary clearing broker to execute and clear the Funds' futures transactions and provide other brokerage-related services. In 2014, the Funds introduced the use of Jefferies LLC (“Jefferies”), for the execution and clearing of the Funds' futures and options, if any, on futures transactions. On January 2, 2015, Newedge USA, LLC (“Newedge USA”) merged with and into SG Americas Securities, LLC (“SG”), with the latter as the surviving entity. On February 6, 2015 Jefferies LLC (“Jefferies”) became the Funds' FCM and primary clearing broker. All futures contracts held by SG were transferred to Jefferies on that date. As of February 23, 2015 all residual cash balances held at SG had been transferred to Jefferies and the balance in all SG accounts was $0. Effective June 3, 2015, ED&F Man Capital Markets Inc. (“ED&F Man”) replaced Jefferies as the Underlying Funds' FCM and the clearing broker to execute and clear the Underlying Fund's futures and provide other brokerage-related services. As of June 4, 2015 all futures contracts and residual cash balances of the Underlying Funds held at Jefferies had been transferred to ED&F Man and the balance in all Jefferies accounts was $0. ED&F Man is registered as a FCM with the U.S. CFTC and is a member of the NFA. ED&F Man is also registered as a broker/dealer with the U.S. Securities and Exchange Commission and is a member of the FINRA. ED&F Man is a clearing member of ICE Futures U.S., Inc., Chicago Board of Trade, Chicago Mercantile Exchange, New York Mercantile Exchange, and all other major United States commodity exchanges. For Fund did not recognize any expense for these services in the three and six months ended June 30, 2015 and 2014. This expense is recorded in brokerage commissions on the statements of operations. The sole Trustee of the Trust is Wilmington Trust Company, a Delaware banking corporation. The Trustee will accept service of legal process on the Trust in the State of Delaware and will make certain filings under the Delaware Statutory Trust Act. For its services, the Trustee receives an annual fee of $3,300 from the Trust. The Fund did not recognize any expense for these services in the three and six months ended June 30, 2015 and 2014. This expense is recorded in business permits and licenses fees on the statements of operations.

Note 2 – Principal Contracts and Agreements

In its capacity as the Custodian for the Fund, the Custodian, currently the Bank of New York Mellon, holds for the Fund its Treasury Securities, cash and/or cash equivalents pursuant to a custodial agreement. The Custodian is also the registrar and transfer agent for the Fund's Shares. The Custodian also acts as a broker for some, but not all, of the equity transactions related to the purchase and sale of the Underlying Funds for TAGS. In addition, the Custodian also serves as Administrator for the Fund, performing certain administrative and accounting services and preparing certain SEC and CFTC reports on behalf of the Fund. For these services, the Custodian receives: for custody services: 0.0075% of average gross assets up to $1 billion, and 0.0050% of average gross assets over $1 billion, annually, plus certain per-transaction charges; for transfer agency services: 0.0075% of average gross assets annually; and for administrative services: 0.05% of average gross assets up to $1 billion, 0.04% of average gross assets between $1 billion and $3 billion, and 0.03% of average gross assets over $3 billion, annually. A combined minimum annual fee of up to $125,000 for custody, transfer agency and administrative services per Fund can be assessed. For the three months ended June 30, such expenses, which are recorded in custodian fees and expenses on the statements of operations, totaled $42,400 in 2015 and $366 in 2014; of these amounts $42,400 in 2015 and $366 in 2014, respectively, were waived by the Sponsor. For the six months ended June 30, such expenses, totaled $43,000 in 2015 and $949 in 2014; of these amounts $43,000 in 2015 and $949 in 2014, respectively, were waived by the Sponsor. The Bank of New York Mellon also serves as the primary clearing broker for the Fund in activity related to shares of the Underlying Funds. For this service the Fund recognized $0 for the three and six months ended June 30, 2015 and 2014.

The Funds anticipate that, effective on a date prior to December 31, 2015 (the “Servicing Conversion Date”), U.S. Bank National Association (“U.S. Bank”), whose address is 1555 North Rivercenter Drive, Suite 302, Milwaukee, Wisconsin 53212, will replace the Bank of New York Mellon as the Funds' Custodian. Beginning on the Servicing Conversion Date, U.S. Bank will hold for each Fund its Treasury Securities, cash and/or cash equivalents pursuant to a custodial agreement. In addition, effective on the Servicing Conversion Date, U.S. Bancorp Fund Services, LLC (“USBFS”), a wholly owned subsidiary of U.S. Bank, will serve as administrator for each Fund, performing certain administrative and accounting services and preparing certain SEC reports on behalf of the Funds. Effective on the Servicing Conversion Date, USBFS will also become the registrar and transfer agent for each Fund's Shares. For such services, U.S. Bank and USBFS will receive an asset-based fee, subject to a minimum annual fee. The Sponsor does not anticipate any material change to the expenses for any Fund, net of expenses waived by the Sponsor, as a result of the servicing conversion to USBFS.

The Sponsor and the Trust employ Foreside Fund Services, LLC as the Distributor for the Funds. The Distribution Services Agreement among the Distributor, the Sponsor and the Trust calls for the Distributor to work with the Custodian in connection with the receipt and processing of orders for Creation Baskets and Redemption Baskets and the review and approval of all Fund sales literature and advertising materials. The Distributor and the Sponsor have also entered into a Securities Activities and Service Agreement (the “SASA”) under which certain employees and officers of the Sponsor are licensed as registered representatives or registered principals of the Distributor, under FINRA rules. For its services as the Distributor, Foreside receives a fee of 0.01% of the Fund's average daily net assets and an aggregate annual fee of $100,000 for all Teucrium Funds, along with certain expense reimbursements. For its services under the SASA, Foreside receives a fee of $5,000 per registered representative and $1,000 per registered location. For the three months ended June 30, such expenses, which are recorded in distribution and marketing fees on the statement of operations, totaled $314 in 2015 and $604 in 2014; of these amounts $314 in 2015 and $604 in 2014, respectively, were waived by the Sponsor. For the six months ended June 30, such expenses, totaled $669 in 2015 and $1,033 in 2014; of these amounts $699 in 2015 and $1,033 in 2014, respectively, were waived by the Sponsor.

In 2014, Newedge USA, LLC (“Newedge USA”) served as the Funds' futures commission merchant (“FCM”) and primary clearing broker to execute and clear the Funds' futures transactions and provide other brokerage-related services. In 2014, the Funds introduced the use of Jefferies LLC (“Jefferies”), for the execution and clearing of the Funds' futures and options, if any, on futures transactions. On January 2, 2015, Newedge USA, LLC (“Newedge USA”) merged with and into SG Americas Securities, LLC (“SG”), with the latter as the surviving entity. On February 6, 2015 Jefferies LLC (“Jefferies”) became the Funds' FCM and primary clearing broker. All futures contracts held by SG were transferred to Jefferies on that date. As of February 23, 2015 all residual cash balances held at SG had been transferred to Jefferies and the balance in all SG accounts was $0. Effective June 3, 2015, ED&F Man Capital Markets Inc. (“ED&F Man”) replaced Jefferies as the Underlying Funds' FCM and the clearing broker to execute and clear the Underlying Fund's futures and provide other brokerage-related services. As of June 4, 2015 all futures contracts and residual cash balances of the Underlying Funds held at Jefferies had been transferred to ED&F Man and the balance in all Jefferies accounts was $0.

ED&F Man is registered as a FCM with the U.S. CFTC and is a member of the NFA. ED&F Man is also registered as a broker/dealer with the U.S. Securities and Exchange Commission and is a member of the FINRA. ED&F Man is a clearing member of ICE Futures U.S., Inc., Chicago Board of Trade, Chicago Mercantile Exchange, New York Mercantile Exchange, and all other major United States commodity exchanges. For Fund did not recognize any expense for these services in the three and six months ended June 30, 2015 and 2014. This expense is recorded in brokerage commissions on the statements of operations.

The sole Trustee of the Trust is Wilmington Trust Company, a Delaware banking corporation. The Trustee will accept service of legal process on the Trust in the State of Delaware and will make certain filings under the Delaware Statutory Trust Act. For its services, the Trustee receives an annual fee of $3,300 from the Trust. The Fund did not recognize any expense for these services in the three and six months ended June 30, 2015 and 2014. This expense is recorded in business permits and licenses fees on the statements of operations.