Organization and Operation (Tables) |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2017 | |||||||||||||||||||||||||||||||||||||||||||
Teucrium Corn Fund [Member] | |||||||||||||||||||||||||||||||||||||||||||
Schedule of benchmark weighting of futures contracts applied to NAV | The investment objective of CORN is to have the daily changes in percentage terms of the Shares’ Net Asset Value (“NAV”) reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for corn (“Corn Futures Contracts”) that are traded on the Chicago Board of Trade (“CBOT”):
CORN Benchmark
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Teucrium Soybean Fund [Member] | |||||||||||||||||||||||||||||||||||||||||||
Schedule of benchmark weighting of futures contracts applied to NAV | The investment objective of SOYB is to have the daily changes in percentage terms of the Shares’ Net Asset Value (“NAV”) reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for soybeans (“Soybeans Futures Contracts”) that are traded on the Chicago Board of Trade (“CBOT”):
SOYB Benchmark
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Teucrium Sugar Fund [Member] | |||||||||||||||||||||||||||||||||||||||||||
Schedule of benchmark weighting of futures contracts applied to NAV | The investment objective of CANE is to have the daily changes in percentage terms of the Shares’ Net Asset Value (“NAV”) reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for No. 11 sugar (“Sugar Futures Contracts”) that are traded on the ICE Futures US (“ICE”):
CANE Benchmark
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Teucrium Wheat Fund [Member] | |||||||||||||||||||||||||||||||||||||||||||
Schedule of benchmark weighting of futures contracts applied to NAV | The investment objective of WEAT is to have the daily changes in percentage terms of the Shares’ Net Asset Value (“NAV”) reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for wheat (“Wheat Futures Contracts”) that are traded on the Chicago Board of Trade (“CBOT”):
WEAT Benchmark
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Teucrium Agricultural Fund [Member] | |||||||||||||||||||||||||||||||||||||||||||
Schedule of benchmark weighting of futures contracts applied to NAV | The Underlying Fund Average will have a weighting of 25% to each Underlying Fund, and the Fund’s assets will be rebalanced, generally on a daily basis, to maintain the approximate 25% allocation to each Underlying Fund:
TAGS Benchmark
Specifically, the Teucrium Corn Fund’s Benchmark is:
CORN Benchmark
The Teucrium Wheat Fund’s Benchmark is:
WEAT Benchmark
The Teucrium Soybean Fund’s Benchmark is:
SOYB Benchmark
The Teucrium Sugar Fund’s Benchmark is:
CANE Benchmark
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