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Fair Value Measurements (Weat) (Tables) - Teucrium Wheat Fund [Member]
12 Months Ended
Dec. 31, 2015
Schedule of Assets and Liabilities Measured at Fair Value

December 31, 2015

          Balance as of  
Assets: Level 1   Level 2   Level 3   December 31, 2015
Cash equivalents
$ 1,179,336   $ -   $ -   $ 1,179,336

 

          Balance as of  
Liabilities: Level 1   Level 2   Level 3   December 31, 2015
Wheat futures contracts $ 1,924,464   $ -   $ -   $ 1,924,464

 

December 31, 2014

          Balance as of  
Assets: Level 1   Level 2   Level 3   December 31, 2014
Cash equivalents $ 21,568,368   $ -   $ -   $ 21,568,368
Wheat futures contracts     729,626     -     -     729,626
Total   $ 22,297,994   $ -   $ -   $ 22,297,994

 

          Balance as of  
Liabilities: Level 1   Level 2   Level 3   December 31, 2014
Wheat futures contracts $ 13,125   $ -   $ -   $ 13,125
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
Assets (at fair value)                            
Derivative contracts                                    
Wheat future contracts   $ 1,178,088   $ 1,178,088   $ 1,178,088   $ 1,178,088   $ -   $ -


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                                    
Wheat future contracts   $ 2,437,725   $ 2,437,725   $ 2,437,725   $ 2,437,725   $ -   $ -