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Statements of Operations (Unaudited) - Teucrium Soybean Fund - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Realized and unrealized gain (loss) on trading of commodity futures contracts:    
Realized loss on commodity and cryptocurrency futures contracts $ (17,194,951) $ (26,591,126)
Net change in unrealized depreciation on commodity and cryptocurrency futures contracts (7,969,968) (5,823,279)
Interest income 3,704,387 4,331,014
Total loss (21,460,532) (28,083,391)
Expenses    
Management fees 701,923 989,515
Professional fees 302,008 446,052
Distribution and marketing fees 947,591 927,712
Custodian fees and expenses 95,024 120,560
Business permits and licenses fees 56,338 34,617
General and administrative expenses 70,863 49,142
Total expenses 2,173,813 2,567,598
Expenses waived by the Sponsor (131,847) (196,064)
Total expenses, net 2,041,966 2,371,534
Net income (loss) $ (23,502,498) $ (30,454,925)
Net income (loss) per share (in dollars per share) $ 1.05 $ 1.93
Net income (loss) per weighted average share (in dollars per share) $ 1.12 $ 1.87
Teucrium Soybean Fund [Member]    
Realized and unrealized gain (loss) on trading of commodity futures contracts:    
Realized loss on commodity and cryptocurrency futures contracts $ (2,632,854) $ 1,067,543
Net change in unrealized depreciation on commodity and cryptocurrency futures contracts 596,685 (3,699,642)
Interest income 380,411 511,623
Total loss (1,655,758) (2,120,476)
Expenses    
Management fees 70,722 114,690
Professional fees 38,420 57,998
Distribution and marketing fees 100,750 69,185
Custodian fees and expenses 8,486 3,441
Business permits and licenses fees 6,269 2,294
General and administrative expenses 7,072 2,294
Total expenses 231,719 249,902
Expenses waived by the Sponsor 0 0
Total expenses, net 231,719 249,902
Net income (loss) $ (1,887,477) $ (2,370,378)
Net income (loss) per share (in dollars per share) $ (1.87) $ (1.31)
Net income (loss) per weighted average share (in dollars per share) $ (1.67) $ (1.42)
Weighted average shares outstanding (in shares) 1,129,400 1,668,615