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Statements of Operations - Teucrium Agricultural 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:      
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      
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
Other expenses 8 2,147 17
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 Agricultural Fund [Member]      
Realized and unrealized gain (loss) on trading of commodity and cryptocurrency futures contracts:      
Realized (loss) gain on securities (96,992) 182,252 24,928
Net change in unrealized appreciation (depreciation) on commodity and cryptocurrency futures contracts (1,214,870) (1,231,110) 1,383,158
Interest income 590 432 18
Total (loss) income (1,311,272) (1,048,426) 1,408,104
Expenses      
Professional fees 217,608 79,712 22,383
Distribution and marketing fees 190,696 187,385 69,107
Custodian fees and expenses 23,747 19,180 7,579
Business permits and licenses fees 14,109 13,601 14,935
General and administrative expenses 18,990 13,821 4,899
Other expenses 8 39 9
Total expenses 465,158 313,738 118,912
Expenses waived by the Sponsor (440,191) (262,928) (105,722)
Total expenses, net 24,967 50,810 13,190
Net (loss) income $ (1,336,239) $ (1,099,236) $ 1,394,914
Net (loss) gain per share (in dollars per share) $ (1.9) $ 4.34 $ 5.89
Net (loss) gain per weighted average share (in dollars per share) $ (1.49) $ (0.92) $ 4.6
Weighted average shares outstanding (in shares) 897,742 1,189,659 303,324