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Fair Value Measurements (Trust) (Tables)
3 Months Ended
Mar. 31, 2016
Teucrium Commodity Trust [Member]  
Schedule of Assets and Liabilities Measured at Fair Value

March 31, 2016

 

                      Balance as of  
Assets:   Level 1     Level 2     Level 3    

March 31, 2016

 
Cash equivalents   $ 5,552,887     $ -     $ -     $ 5,552,887  
Commodity futures contracts                                
Soybean futures contracts     148,363       -       -       148,363  
Sugar futures contracts     361,581       -       -       361,581  
Total   $ 6,062,831     $ -     $ -     $ 6,062,831  
                         
                      Balance as of  
Liabilities:   Level 1     Level 2     Level 3    

March 31, 2016

 
Commodity futures contracts                                
Corn futures contracts   $ 4,060,650     $ -     $ -     $ 4,060,650  
Soybean futures contracts     26,225       -       -       26,225  
Wheat futures contracts     1,527,475       -       -       1,527,475  
Total   $ 5,614,350     $ -     $ -     $ 5,614,350  
                         

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