XML 116 R95.htm IDEA: XBRL DOCUMENT v3.4.0.3
Derivative Instruments and Hedging Activities (Cane) (Tables) - Teucrium Sugar Fund [Member]
3 Months Ended
Mar. 31, 2016
Schedule of Fair Value of Derivative Instruments

Offsetting of Financial Assets and Derivative Assets as of March 31, 2016

 

    (i)     (ii)     (iii) = (i) – (ii)     (iv)     (v) = (iii) – (iv)  
                                     
                      Gross Amount Not Offset in the        
                      Statement of Assets and Liabilities        
          Gross Amount     Net Amount                    
          Offset in the     Presented in the                    
    Gross Amount     Statement of     Statement of                    
    of Recognized     Assets and     Assets and     Futures Contracts     Collateral, Due        
Description    Assets
    Liabilities     Liabilities     Available for Offset     to Broker     Net Amount  
Commodity price                                                
   Sugar futures contracts   $ 361,581     $ -     $ 361,581     $ -     $ 62,786     $ 298,795  

 

Offsetting of Financial Assets and Derivative Assets as of December 31, 2015

 

(i)

 

 

(ii)

 

(iii) = (i) – (ii)

 

 

 

(iv)

 

 

 

(v) = (iii) – (iv)

 

 

 

 

 

 

 

 

 

 

 

Gross Amount Not Offset in the

Statement of Assets and Liabilities

Description

 

Gross Amount
of Recognized
Assets

 

 

Gross Amount
Offset in the
Statement of
Assets and
Liabilities

 

Net Amount
Presented in the
Statement of
Assets and
Liabilities

 

 

 

Futures Contracts Available for Offset

 

 

Collateral, Due
to Broker

 

 

 

Net Amount

Commodity price

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sugar futures contracts

 

 

$

364,056

 

$

 

-

 

$

364,056

 


$

-

 

$

-

 

$

 

364,056



Summary of Realized and Unrealized Gains and Losses of the Derivative Instruments

Three months ended March 31, 2016

Primary Underlying Risk  

Realized Loss on

Commodity Futures Contracts

   

Net Change in Unrealized

Appreciation or Depreciation on

Commodity Futures Contracts

 
Commodity price                
Sugar futures contracts   $ (1,758 )   $ (2,475 )

 

 

Three months ended March 31, 2015

Primary Underlying Risk  

Realized Loss on

Commodity Futures Contracts

   

Net Change in Unrealized

Appreciation or Depreciation on

Commodity Futures Contracts

 
Commodity price                
Sugar futures contracts   $ (333,547 )   $ (218,411