Fair Value Measurements (Trust) (Tables) - Teucrium Commodity Trust [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	$	2,539,641	$	-	$	-	$	2,539,641
Commodity futures contracts
Soybean futures contracts		16,175		-		-		16,175
Sugar futures contracts		364,056		-		-		364,056
Total	$	2,919,872	$	-	$	-	$	2,919,872

							Balance as of
Liabilities:	Level 1		Level 2		Level 3		December 31, 2015
Commodity futures contracts
Corn futures contracts	$	3,908,550	$	-	$	-	$	3,908,550
Soybean futures contracts		238,662		-		-		238,662
Wheat futures contracts		1,924,464		-		-		1,924,464
Total	$	6,071,676	$	-	$	-	$	6,071,676

December 31, 2014

							Balance as of
Assets:	Level 1		Level 2		Level 3		December 31, 2014
Cash equivalents	$	142,419,068	$	-	$	-	$	142,419,068
Commodity futures contracts
Corn futures contracts		3,651,637		-		-		3,651,637
Wheat futures contracts		729,626		-		-		729,626
Total	$	146,800,331	$	-	$	-	$	146,800,331

							Balance as of
Liabilities:	Level 1		Level 2		Level 3		December 31, 2014
Commodity futures contracts
Corn futures contracts	$	1,899,925	$	-	$	-	$	1,899,925
Soybean futures contracts		277,013		-		-		277,013
Sugar futures contracts		503,955		-		-		503,955
Wheat futures contracts		13,125		-		-		13,125
Total	$	2,694,018	$	-	$	-	$	2,694,018

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
Assets (at fair value)
Derivative contracts
Sugar future contracts	$	17,405	$	17,405	$	17,405	$	17,405	$	-	$	-
Liabilities (at fair value)
Derivative contracts
Soybean future contracts		12,075		12,075		12,075		12,075		-		-
Wheat future contracts		2,437,725		2,437,725		2,437,725		2,437,725		-		-
Total	$	2,449,800	$	2,449,800	$	2,449,800	$	2,449,800	$	-	$	-