Liquidation of Funds

12 Months Ended

Dec. 31, 2016

Teucrium Commodity Trust - Combined [Member]

Liquidation of Funds

Note 2 – Liquidation of Funds

On December 18, 2014 the Teucrium WTI Crude Oil Fund (“CRUD”) and the Natural Gas Fund (“NAGS”), both series of the Trust ceased trading on the NYSE Arca and the Sponsor liquidated all commodity futures contracts held by these Funds. All positions were sold through an exchange to unrelated parties.  On December 22, 2014 the Bank of New York Mellon who served as the Fund’s Administrator and Custodian, proceeded to distribute cash to all shareholders in an amount equal to each shareholder’s pro rata interest in the respective fund. On December 30, 2014, the Sponsor completed the liquidation of all of the assets of NAGS and CRUD. During 2014, CRUD had $728,663 in subscriptions and $2,008,553 in redemptions, including the shares redeemed as part of the liquidation. During 2014, NAGS had $576,142 in subscriptions and $2,311,504 in redemptions, including the shares redeemed as part of the liquidation. There were zero assets and liabilities as of December 31, 2014. The Form 15 was filed with the SEC on January 9, 2015.

The following summarized financial information presents the results of operations for NAGS and other data for all periods presented, which have been included in continuing operations for the year ended December 31, 2014.

	Year ended
	December 31, 2014
Total Loss	$	(16,003	)
Total Expenses	$	131,501
Total Expenses, net	$	21,890
Net Loss	$	(37,893	)

The following summarized financial information presents the results of operations for CRUD and other data for all periods presented, which have been included in continuing operations for the year ended December 31, 2014.

	Year ended
	December 31, 2014
Total Loss	$	(734,326	)
Total Expenses	$	166,176
Total Expenses, net	$	34,852
Net Loss	$	(769,178	)