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Fair Value Measurements (Soyb) (Tables) - Teucrium Soybean 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  $ 161,718     $     $     $ 161,718  
Soybean futures contracts  
16,175      
            16,175  
 Total     $ 177,893
    $       $       $ 177,893  

 

          Balance as of
Liabilities: Level 1   Level 2   Level 3   December 31, 2015
Soybean futures contracts $ 238,662     $     $     $ 238,662  

 

December 31, 2014

          Balance as of
Assets: Level 1   Level 2   Level 3   December 31, 2014
Cash equivalents $ 11,505,788     $     $     $ 11,505,788  

 

          Balance as of
Liabilities: Level 1   Level 2   Level 3   December 31, 2014
Soybean futures contracts $ 277,013     $     $     $ 277,013  
Schedule of Transfers by Fair Value Hierarchy

 

 

  Transfers
into
Level 1
  Transfers
out of
Level 1
  Transfers
into
Level 2
  Transfers
out of
Level 2
  Transfers
into
Level 3
  Transfers
out of
Level 3
Liabilities (at fair value)                      
Derivative contracts                      
Soybean future contracts   $ 12,075   $ 12,075   $ 12,075   $ 12,075   $ -   $ -