XML 150 R118.htm IDEA: XBRL DOCUMENT v3.24.0.1
Note 3 - Summary of Significant Accounting Policies - Teucrium Sugar Fund (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Schedule of Brokerage Commissions Paid [Table Text Block]
  

CORN

  

SOYB

  

CANE

  

WEAT

  

TAGS

  

DEFI

  

TRUST

 

Year Ended December 31, 2023

 $65,449  $12,516  $21,902  $105,792  $-  $2,546  $208,205 

Year Ended December 31, 2022

 $217,050  $27,011  $33,469  $387,999  $-  $2,217  $667,746 

Year Ended December 31, 2021

 $141,674  $29,889  $21,123  $47,448  $-  $-  $240,134 
Schedule of Cash and Cash Equivalents [Table Text Block]
  

As of December 31, 2023

  

As of December 31, 2022

  

As of December 31, 2021

 

Money Market Funds

 $120,047,840  $188,640,417  $32,968,833 

Demand Deposit Savings Accounts

  29,148,056   46,061,819   99,262,744 

Commercial Paper

  143,041,466   199,360,060   119,980,366 

Total cash and cash equivalents as presented on the combined Statement of Assets and Liabilities

 $292,237,362  $434,062,296  $252,211,943 
Schedule of Related Party Transactions [Table Text Block]
  

Year Ended December 31, 2023

  

Year Ended December 31, 2022

  

Year Ended December 31, 2021

 

Recognized Related Party Transactions

 $2,656,282  $2,721,842  $2,321,539 

Waived Related Party Transactions

 $70,069  $518,599  $1,052,715 
Schedule of Expenses Paid Waived by Sponsor [Table Text Block]
  

CORN

  

SOYB

  

CANE

  

WEAT

  

TAGS

  

DEFI

  

Trust

 

Year Ended December 31, 2023

 $-  $-  $-  $-  $440,191  $271,380  $711,571 

Year Ended December 31, 2022

 $345,855  $89,562  $78,237  $425,164  $262,928  $75,291  $1,277,037 

Year Ended December 31, 2021

 $1,060,261  $576,014  $134,294  $307,565  $105,722  $-  $2,183,856 
Teucrium Sugar Fund [Member]  
Notes Tables  
Schedule of Brokerage Commissions Paid [Table Text Block]
  

CANE

 

Year Ended December 31, 2023

 $21,902 

Year Ended December 31, 2022

 $33,469 

Year Ended December 31, 2021

 $21,123 
Schedule of Cash and Cash Equivalents [Table Text Block]
  

As of December 31, 2023

  

As of December 31, 2022

  

As of December 31, 2021

 

Money Market Funds

 $3,033,238  $9,920,499  $4,816,883 

Demand Deposit Savings Accounts

  3,222,312   3,069,677   9,016,479 

Commercial Paper

  10,518,195   9,987,304   7,499,540 

Total cash and cash equivalents as presented on the Statement of Assets and Liabilities

 $16,773,745  $22,977,480  $21,332,902 
Schedule of Related Party Transactions [Table Text Block]
  

Year Ended December 31, 2023

  

Year Ended December 31, 2022

  

Year Ended December 31, 2021

 

Recognized Related Party Transactions

 $180,135  $119,244  $124,660 

Waived Related Party Transactions

 $-  $25,739  $48,034 
Schedule of Expenses Paid Waived by Sponsor [Table Text Block]
  

CANE

 

Year Ended December 31, 2023

 $- 

Year Ended December 31, 2022

 $78,237 

Year Ended December 31, 2021

 $134,294