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Statements of Operations - Teucrium Soybean Fund - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Realized and unrealized gain (loss) on trading of commodity and cryptocurrency futures contracts:      
Realized (loss) gain on commodity and cryptocurrency futures contracts $ (94,248,842) $ (43,176,670) $ 117,839,481
Net change in unrealized appreciation (depreciation) on commodity and cryptocurrency futures contracts 12,703,858 (33,905,514) (29,744,871)
Interest income 17,736,627 10,664,323 541,938
Total (loss) income (63,808,357) (66,417,861) 88,636,548
Expenses      
Management fees 3,587,742 6,630,551 3,246,117
Professional fees 1,919,411 1,432,587 1,089,756
Distribution and marketing fees 4,007,582 4,075,048 3,281,450
Custodian fees and expenses 428,243 410,660 363,000
Business permits and licenses fees 141,582 157,326 123,465
General and administrative expenses 281,413 323,468 301,580
Total expenses 10,365,981 13,031,787 8,405,385
Expenses waived by the Sponsor (711,571) (1,277,037) (2,183,856)
Total expenses, net 9,654,410 11,754,750 6,221,529
Net (loss) income (73,462,767) (78,172,611) 82,415,019
Teucrium Soybean Fund [Member]      
Realized and unrealized gain (loss) on trading of commodity and cryptocurrency futures contracts:      
Realized (loss) gain on commodity and cryptocurrency futures contracts 940,552 10,362,032 27,370,674
Net change in unrealized appreciation (depreciation) on commodity and cryptocurrency futures contracts (3,912,031) (164,481) (12,439,375)
Interest income 1,843,080 1,141,422 124,186
Total (loss) income (1,128,399) 11,338,973 15,055,485
Expenses      
Management fees 369,531 677,727 727,110
Professional fees 282,599 140,044 278,476
Distribution and marketing fees 384,860 379,076 802,965
Custodian fees and expenses 39,143 37,114 91,007
Business permits and licenses fees 22,477 21,062 25,359
General and administrative expenses 30,129 43,514 79,574
Total expenses 1,128,739 1,298,537 2,004,491
Expenses waived by the Sponsor 0 (89,562) (576,014)
Total expenses, net 1,128,739 1,208,975 1,428,477
Net (loss) income $ (2,257,138) $ 10,129,998 $ 13,627,008
Net (loss) gain per share (in dollars per share) $ (1.47) $ 5.73 $ 3.28
Net (loss) gain per weighted average share (in dollars per share) $ (1.68) $ 4.03 $ 4.11
Weighted average shares outstanding (in shares) 1,345,346 2,515,004 3,319,593