Derivative Instruments and Hedging Activities (Soyb) (Tables) - Teucrium Soybean Fund [Member]

9 Months Ended

Sep. 30, 2016

Schedule of Fair Value of Derivative Instruments

Offsetting of Financial Assets and Derivative Assets as of September 30, 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

Soybean futures contracts

$

143,413

$

-

$

143,413

$

143,413

$

-

$

-

Offsetting of Financial Liabilities and Derivative Liabilities as of September 30, 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

Liabilities

Liabilities

Liabilities

Available for Offset

from Broker

Net Amount

Commodity price

Soybean futures contracts

$

387,000

$

-

$

387,000

$

143,413

$

222,487

$

-

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
Soybean futures contracts	$	16,175	$	-	$	16,175	$	16,175	$	-	$	-

Offsetting of Financial Liabilities and Derivative Liabilities 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 Liabilities		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 from Broker		Net Amount
Commodity price
Soybean futures contracts	$	238,662	$	-	$	238,662	$	16,175	$	222,487	$	-

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

Three months ended September 30, 2016

Primary Underlying Risk	Realized Gain on Commodity Futures Contracts		Net Change in Unrealized Appreciation or Depreciation on Commodity Futures Contracts
Commodity price
Soybean futures contracts	$	28,163	$	(1,612,025)
Three months ended September 30, 2015
Primary Underlying Risk	Realized Loss on Commodity Futures Contracts		Net Change in Unrealized Appreciation or Depreciation on Commodity Futures Contracts
Commodity price
Soybean futures contracts	$	(356,775)	$	(622,013)
Nine months ended September 30, 2016
Primary Underlying Risk	Realized Gain on Commodity Futures Contracts		Net Change in Unrealized Appreciation or Depreciation on Commodity Futures Contracts
Commodity price
Soybean futures contracts	$	990,062	$	(21,100)

Nine months ended September 30, 2015

Primary Underlying Risk	Realized Loss on Commodity Futures Contracts			Net Change in Unrealized Appreciation or Depreciation on Commodity Futures Contracts
Commodity price
Soybean futures contracts	$	(1,091,489	)	$	(27,462)