Note 5 - Financial Highlights - Teucrium Agricultural Fund

9 Months Ended

Sep. 30, 2023

Teucrium Agricultural Fund [Member]

Notes to Financial Statements

Investment Company, Financial Highlights [Text Block]

Note 5 – Financial Highlights

The following table presents per unit performance data and other supplemental financial data for the three and nine months ended September 30, 2023 and 2022. This information has been derived from information presented in the financial statements and is presented with total expenses gross of expenses waived by the Sponsor and with total expenses net of expenses waived by the Sponsor, as appropriate.

	Three months ended			Three months ended			Nine months ended			Nine months ended
	September 30, 2023			September 30, 2022			September 30, 2023			September 30, 2022
Per Share Operation Performance
Net asset value at beginning of period	$	30.33		$	31.09		$	31.35		$	27.01
Income (loss) from investment operations:
Net realized and unrealized (loss) gain on investment transactions		0.00			(0.01	)		(1.00	)		4.09
Total expenses, net		0.00			(0.01	)		(0.02	)		(0.03	)
Net increase (decrease) in net asset value		-			(0.02	)		(1.02	)		4.06
Net asset value at end of period	$	30.33		$	31.07		$	30.33		$	31.07
Total Return		-0.02	%		-0.05	%		-3.25	%		15.04	%
Ratios to Average Net Assets (Annualized)
Total expenses		1.42	%		0.66	%		1.67	%		0.80	%
Total expenses, net		0.09	%		0.13	%		0.09	%		0.14	%
Net investment loss		-0.09	%		-0.13	%		-0.09	%		-0.14	%

The financial highlights per share data are calculated consistent with the methodology used to calculate asset-based fees and expenses.