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Statements of Operations - Teucrium Corn 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 Corn Fund [Member]      
Realized and unrealized gain (loss) on trading of commodity and cryptocurrency futures contracts:      
Realized (loss) gain on commodity and cryptocurrency futures contracts (26,707,038) 28,784,977 65,827,118
Net change in unrealized appreciation (depreciation) on commodity and cryptocurrency futures contracts (800,836) (7,317,857) (14,218,054)
Interest income 5,217,831 3,437,856 258,156
Total (loss) income (22,290,043) 24,904,976 51,867,220
Expenses      
Management fees 1,054,156 2,121,041 1,505,165
Professional fees 394,719 416,723 526,954
Distribution and marketing fees 1,048,908 1,197,419 1,569,853
Custodian fees and expenses 109,559 110,365 170,890
Business permits and licenses fees 29,208 34,477 29,157
General and administrative expenses 69,692 113,955 134,708
Total expenses 2,706,242 3,993,980 3,936,727
Expenses waived by the Sponsor 0 (345,855) (1,060,261)
Total expenses, net 2,706,242 3,648,125 2,876,466
Net (loss) income $ (24,996,285) $ 21,256,851 $ 48,990,754
Net (loss) gain per share (in dollars per share) $ (5.29) $ 5.32 $ 6.04
Net (loss) gain per weighted average share (in dollars per share) $ (5.65) $ 2.66 $ 6.29
Weighted average shares outstanding (in shares) 4,424,182 8,002,538 7,790,689