XML 178 R156.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Schedule of Investments (Unaudited) - Investments - Teucrium Corn Fund (Details) - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Liability [Member]    
Fair value $ 26,748,286  
Percentage of net assets 9.64%  
Number of contracts  
Notional amount, liability $ 236,921,164  
Teucrium Corn Fund [Member] | Corn Futures Contracts [Member] | Liability [Member]    
Fair value $ 8,745,343 $ 2,182,141
Percentage of net assets 13.85% 2.69%
Notional amount, liability $ 63,133,250 $ 81,015,700
Money Market Funds [Member]    
Cost 101,085,120 120,047,840
Fair value $ 101,085,120 $ 120,047,840
Percentage of net assets 36.39% 38.16%
Money Market Funds [Member] | U.S. Bank Deposit Account [Member]    
Index 5.24% 5.27%
Cost $ 13,686,717 $ 39,325,186
Fair value $ 13,686,717 $ 39,325,186
Percentage of net assets 4.93% 12.50%
Shares (in shares) 13,686,717 39,325,186
Money Market Funds [Member] | Goldman Sachs Financial Square Government Fund - Institutional Class [Member]    
Index 5.213% 5.25%
Cost $ 87,398,403 $ 80,722,654
Fair value $ 87,398,403 $ 80,722,654
Percentage of net assets 31.46% 25.66%
Shares (in shares) 87,398,403 80,722,654
Money Market Funds [Member] | Teucrium Corn Fund [Member]    
Cost $ 22,963,607 $ 26,573,542
Fair value $ 22,963,607 $ 26,573,542
Percentage of net assets 36.37% 32.79%
Money Market Funds [Member] | Teucrium Corn Fund [Member] | U.S. Bank Deposit Account [Member]    
Index 5.24% 5.27%
Cost $ 1,004,394 $ 7,523,423
Fair value $ 1,004,394 $ 7,523,423
Percentage of net assets 1.59% 9.28%
Shares (in shares) 1,004,394 7,523,423
Money Market Funds [Member] | Teucrium Corn Fund [Member] | Goldman Sachs Financial Square Government Fund - Institutional Class [Member]    
Index 5.213% 5.25%
Cost $ 21,959,213 $ 19,050,119
Fair value $ 21,959,213 $ 19,050,119
Percentage of net assets 34.78% 23.51%
Shares (in shares) 21,959,213 19,050,119
Commercial Paper, One [Member] | Brookfield Infrastructure Holdings (Canada) Inc. [Member]    
Index 5.662% 5.794%
Cost $ 4,958,300 $ 4,979,416
Fair value $ 4,993,822 $ 4,993,666
Percentage of net assets 1.80% 1.59%
Maturity date Jul. 09, 2024 Jan. 09, 2024
Principal amount $ 5,000,000 $ 5,000,000
Commercial Paper, One [Member] | Albemarle Corporation [Member]    
Index   5.77%
Cost   $ 4,950,475
Fair value   $ 4,998,428
Percentage of net assets   1.59%
Maturity date   Jan. 03, 2024
Principal amount   $ 5,000,000
Commercial Paper, One [Member] | CNH Industrial Capital LLC [Member]    
Index 5.507%  
Cost $ 2,470,375  
Fair value $ 2,488,375  
Percentage of net assets 0.90%  
Maturity date Aug. 01, 2024  
Principal amount $ 2,500,000  
Commercial Paper, One [Member] | FMC Corporation [Member]    
Index 5.871% 5.816%
Cost $ 9,942,300 $ 7,466,634
Fair value $ 9,971,150 $ 7,478,550
Percentage of net assets 3.59% 2.38%
Maturity date Jul. 19, 2024 Jan. 19, 2024
Principal amount $ 10,000,000 $ 7,500,000
Commercial Paper, One [Member] | General Motors Financial Company, Inc. [Member]    
Index 5.411% 5.617%
Cost $ 7,418,138 $ 7,420,795
Fair value $ 7,461,282 $ 7,480,486
Percentage of net assets 2.69% 2.38%
Maturity date Aug. 05, 2024 Jan. 18, 2024
Principal amount $ 7,500,000 $ 7,500,000
Commercial Paper, One [Member] | Glencore Funding LLC [Member]    
Index 5.453%  
Cost $ 4,944,272  
Fair value $ 4,973,250  
Percentage of net assets 1.79%  
Maturity date Aug. 06, 2024  
Principal amount $ 5,000,000  
Commercial Paper, One [Member] | Harley-Davidson Financial Services, Inc. [Member]    
Index 5.735% 5.843%
Cost $ 2,478,497 $ 4,949,066
Fair value $ 2,500,000 $ 4,993,634
Percentage of net assets 0.90% 1.59%
Maturity date Jul. 01, 2024 Jan. 09, 2024
Principal amount $ 2,500,000 $ 5,000,000
Commercial Paper, One [Member] | Hyundai Capital America [Member]    
Index 5.455%  
Cost $ 4,940,556  
Fair value $ 4,960,618  
Percentage of net assets 1.79%  
Maturity date Aug. 23, 2024  
Principal amount $ 5,000,000  
Commercial Paper, One [Member] | VW Credit, Inc. [Member]    
Index 5.40%  
Cost $ 12,413,345  
Fair value $ 12,472,344  
Percentage of net assets 4.49%  
Maturity date Jul. 16, 2024  
Principal amount $ 12,500,000  
Commercial Paper, One [Member] | National Fuel Gas Company [Member]    
Index   5.867%
Cost   $ 4,960,800
Fair value   $ 4,994,400
Percentage of net assets   1.59%
Maturity date   Jan. 08, 2024
Principal amount   $ 5,000,000
Commercial Paper, One [Member] | Oracle Corporation [Member]    
Index   5.562%
Cost   $ 4,934,904
Fair value   $ 4,950,799
Percentage of net assets   1.57%
Maturity date   Mar. 06, 2024
Principal amount   $ 5,000,000
Commercial Paper, One [Member] | V.F. Corporation [Member]    
Index 5.771% 5.674%
Cost $ 2,465,472 $ 4,936,679
Fair value $ 2,491,368 $ 4,987,645
Percentage of net assets 0.90% 1.59%
Maturity date Jul. 23, 2024 Jan. 17, 2024
Principal amount $ 2,500,000 $ 5,000,000
Commercial Paper, One [Member] | WGL Holdings, Inc. [Member]    
Index   5.793%
Cost   $ 4,981,792
Fair value   $ 4,998,416
Percentage of net assets   1.59%
Maturity date   Jan. 03, 2024
Principal amount   $ 5,000,000
Commercial Paper, One [Member] | Walgreens Boots Alliance, Inc. [Member]    
Index   6.028%
Cost   $ 7,950,009
Fair value   $ 7,985,529
Percentage of net assets   2.54%
Maturity date   Jan. 12, 2024
Principal amount   $ 8,000,000
Commercial Paper, One [Member] | Teucrium Corn Fund [Member] | Brookfield Infrastructure Holdings (Canada) Inc. [Member]    
Index 5.662% 5.794%
Cost $ 2,479,150 $ 2,489,708
Fair value $ 2,496,911 $ 2,496,833
Percentage of net assets 3.96% 3.08%
Maturity date Jul. 09, 2024 Jan. 09, 2024
Principal amount $ 2,500,000 $ 2,500,000
Commercial Paper, One [Member] | Teucrium Corn Fund [Member] | Albemarle Corporation [Member]    
Index   5.77%
Cost   $ 4,950,475
Fair value   $ 4,998,428
Percentage of net assets   6.17%
Maturity date   Jan. 03, 2024
Principal amount   $ 5,000,000
Commercial Paper, One [Member] | Teucrium Corn Fund [Member] | CNH Industrial Capital LLC [Member]    
Index 5.507%  
Cost $ 2,470,375  
Fair value $ 2,488,375  
Percentage of net assets 3.94%  
Maturity date Aug. 01, 2024  
Principal amount $ 2,500,000  
Commercial Paper, One [Member] | Teucrium Corn Fund [Member] | FMC Corporation [Member]    
Index 5.871% 5.816%
Cost $ 4,971,150 $ 2,488,878
Fair value $ 4,985,575 $ 2,492,850
Percentage of net assets 7.89% 3.07%
Maturity date Jul. 19, 2024 Jan. 19, 2024
Principal amount $ 5,000,000 $ 2,500,000
Commercial Paper, One [Member] | Teucrium Corn Fund [Member] | General Motors Financial Company, Inc. [Member]    
Index 5.411%  
Cost $ 2,472,713  
Fair value $ 2,487,094  
Percentage of net assets 3.94%  
Maturity date Aug. 05, 2024  
Principal amount $ 2,500,000  
Commercial Paper, One [Member] | Teucrium Corn Fund [Member] | Entergy Corporation [Member]    
Index   5.665%
Cost   $ 2,467,625
Fair value   $ 2,476,875
Percentage of net assets   3.06%
Maturity date   Mar. 01, 2024
Principal amount   $ 2,500,000
Commercial Paper, One [Member] | Teucrium Corn Fund [Member] | Glencore Funding LLC [Member]    
Index 5.453%  
Cost $ 2,472,136  
Fair value $ 2,486,625  
Percentage of net assets 3.94%  
Maturity date Aug. 06, 2024  
Principal amount $ 2,500,000  
Commercial Paper, One [Member] | Teucrium Corn Fund [Member] | Harley-Davidson Financial Services, Inc. [Member]    
Index   5.843%
Cost   $ 2,474,533
Fair value   $ 2,496,817
Percentage of net assets   3.08%
Maturity date   Jan. 09, 2024
Principal amount   $ 2,500,000
Commercial Paper, One [Member] | Teucrium Corn Fund [Member] | Hyundai Capital America [Member]    
Index 5.455%  
Cost $ 2,470,278  
Fair value $ 2,480,309  
Percentage of net assets 3.93%  
Maturity date Aug. 23, 2024  
Principal amount $ 2,500,000  
Commercial Paper, One [Member] | Teucrium Corn Fund [Member] | VW Credit, Inc. [Member]    
Index 5.40%  
Cost $ 2,482,669  
Fair value $ 2,494,469  
Percentage of net assets 3.95%  
Maturity date Jul. 16, 2024  
Principal amount $ 2,500,000  
Commercial Paper, One [Member] | Teucrium Corn Fund [Member] | National Fuel Gas Company [Member]    
Index   5.867%
Cost   $ 2,480,400
Fair value   $ 2,497,200
Percentage of net assets   3.08%
Maturity date   Jan. 08, 2024
Principal amount   $ 2,500,000
Commercial Paper, One [Member] | Teucrium Corn Fund [Member] | Oracle Corporation [Member]    
Index   5.562%
Cost   $ 2,467,452
Fair value   $ 2,475,400
Percentage of net assets   3.05%
Maturity date   Mar. 06, 2024
Principal amount   $ 2,500,000
Commercial Paper, One [Member] | Teucrium Corn Fund [Member] | V.F. Corporation [Member]    
Index   5.606%
Cost   $ 2,473,646
Fair value   $ 2,493,507
Percentage of net assets   3.08%
Maturity date   Jan. 18, 2024
Principal amount   $ 2,500,000
Commercial Paper, One [Member] | Teucrium Corn Fund [Member] | WGL Holdings, Inc. [Member]    
Index   5.793%
Cost   $ 2,490,896
Fair value   $ 2,499,208
Percentage of net assets   3.08%
Maturity date   Jan. 03, 2024
Principal amount   $ 2,500,000
Commercial Paper, One [Member] | Teucrium Corn Fund [Member] | Walgreens Boots Alliance, Inc. [Member]    
Index   6.028%
Cost   $ 2,484,378
Fair value   $ 2,495,478
Percentage of net assets   3.08%
Maturity date   Jan. 12, 2024
Principal amount   $ 2,500,000
CBOT Corn Futures SEP24 [Member] | Corn Futures Contracts [Member] | Liability [Member]    
Fair value $ 2,962,521  
Percentage of net assets 1.07%  
Number of contracts 1,070  
Notional amount, liability $ 21,801,250  
CBOT Corn Futures SEP24 [Member] | Teucrium Corn Fund [Member] | Corn Futures Contracts [Member] | Liability [Member]    
Fair value $ 2,962,521  
Percentage of net assets 4.69%  
Number of contracts 1,070  
Notional amount, liability $ 21,801,250  
CBOT Corn Futures MAY24 [Member] | Corn Futures Contracts [Member] | Liability [Member]    
Fair value   $ 1,102,254
Percentage of net assets   0.35%
Number of contracts   1,171
Notional amount, liability   $ 28,338,200
CBOT Corn Futures MAY24 [Member] | Teucrium Corn Fund [Member] | Corn Futures Contracts [Member] | Liability [Member]    
Fair value   $ 1,102,254
Percentage of net assets   1.36%
Number of contracts   1,171
Notional amount, liability   $ 28,338,200
Commercial Paper, Two [Member] | Brookfield Infrastructure Holdings (Canada) Inc. [Member]    
Index 5.70% 5.853%
Cost $ 4,963,446 $ 4,933,150
Fair value $ 4,993,778 $ 4,988,062
Percentage of net assets 1.80% 1.59%
Maturity date Jul. 09, 2024 Jan. 16, 2024
Principal amount $ 5,000,000 $ 5,000,000
Commercial Paper, Two [Member] | Albemarle Corporation [Member]    
Index   5.753%
Cost   $ 4,960,764
Fair value   $ 4,997,646
Percentage of net assets   1.59%
Maturity date   Jan. 04, 2024
Principal amount   $ 5,000,000
Commercial Paper, Two [Member] | General Motors Financial Company, Inc. [Member]    
Index 5.457% 5.661%
Cost $ 9,873,683 $ 4,941,417
Fair value $ 9,901,919 $ 4,982,271
Percentage of net assets 3.56% 1.58%
Maturity date Sep. 05, 2024 Jan. 24, 2024
Principal amount $ 10,000,000 $ 5,000,000
Commercial Paper, Two [Member] | Harley-Davidson Financial Services, Inc. [Member]    
Index   5.867%
Cost   $ 7,441,200
Fair value   $ 7,462,800
Percentage of net assets   2.37%
Maturity date   Feb. 01, 2024
Principal amount   $ 7,500,000
Commercial Paper, Two [Member] | VW Credit, Inc. [Member]    
Index 5.45%  
Cost $ 2,483,623  
Fair value $ 2,491,439  
Percentage of net assets 0.90%  
Maturity date Jul. 24, 2024  
Principal amount $ 2,500,000  
Commercial Paper, Two [Member] | National Fuel Gas Company [Member]    
Index   5.941%
Cost   $ 2,478,948
Fair value   $ 2,489,879
Percentage of net assets   0.79%
Maturity date   Jan. 26, 2024
Principal amount   $ 2,500,000
Commercial Paper, Two [Member] | V.F. Corporation [Member]    
Index 5.839% 5.606%
Cost $ 4,949,106 $ 4,947,292
Fair value $ 4,982,505 $ 4,987,014
Percentage of net assets 1.79% 1.59%
Maturity date Jul. 23, 2024 Jan. 18, 2024
Principal amount $ 5,000,000 $ 5,000,000
Commercial Paper, Two [Member] | WGL Holdings, Inc. [Member]    
Index   5.849%
Cost   $ 7,461,666
Fair value   $ 7,486,824
Percentage of net assets   2.38%
Maturity date   Jan. 12, 2024
Principal amount   $ 7,500,000
Commercial Paper, Two [Member] | Teucrium Corn Fund [Member] | Brookfield Infrastructure Holdings (Canada) Inc. [Member]    
Index 5.70% 5.853%
Cost $ 2,481,723 $ 2,466,575
Fair value $ 2,496,889 $ 2,494,031
Percentage of net assets 3.96% 3.08%
Maturity date Jul. 09, 2024 Jan. 16, 2024
Principal amount $ 2,500,000 $ 2,500,000
Commercial Paper, Two [Member] | Teucrium Corn Fund [Member] | Albemarle Corporation [Member]    
Index   5.808%
Cost   $ 2,478,230
Fair value   $ 2,496,042
Percentage of net assets   3.08%
Maturity date   Jan. 11, 2024
Principal amount   $ 2,500,000
Commercial Paper, Two [Member] | Teucrium Corn Fund [Member] | General Motors Financial Company, Inc. [Member]    
Index 5.457%  
Cost $ 2,468,421  
Fair value $ 2,475,480  
Percentage of net assets 3.92%  
Maturity date Sep. 05, 2024  
Principal amount $ 2,500,000  
Commercial Paper, Two [Member] | Teucrium Corn Fund [Member] | Harley-Davidson Financial Services, Inc. [Member]    
Index   5.867%
Cost   $ 2,480,400
Fair value   $ 2,487,600
Percentage of net assets   3.07%
Maturity date   Feb. 01, 2024
Principal amount   $ 2,500,000
Commercial Paper, Two [Member] | Teucrium Corn Fund [Member] | VW Credit, Inc. [Member]    
Index 5.45%  
Cost $ 2,483,623  
Fair value $ 2,491,439  
Percentage of net assets 3.95%  
Maturity date Jul. 24, 2024  
Principal amount $ 2,500,000  
Commercial Paper, Two [Member] | Teucrium Corn Fund [Member] | WGL Holdings, Inc. [Member]    
Index   5.849%
Cost   $ 2,487,222
Fair value   $ 2,495,608
Percentage of net assets   3.08%
Maturity date   Jan. 12, 2024
Principal amount   $ 2,500,000
CBOT Corn Futures DEC24 [Member] | Corn Futures Contracts [Member] | Liability [Member]    
Fair value $ 3,912,890 $ 695,480
Percentage of net assets 1.41% 0.22%
Number of contracts 894 1,128
Notional amount, liability $ 18,807,525 $ 28,397,400
CBOT Corn Futures DEC24 [Member] | Teucrium Corn Fund [Member] | Corn Futures Contracts [Member] | Liability [Member]    
Fair value $ 3,912,890 $ 695,480
Percentage of net assets 6.20% 0.86%
Number of contracts 894 1,128
Notional amount, liability $ 18,807,525 $ 28,397,400
CBOT Corn Futures JUL24 [Member] | Corn Futures Contracts [Member] | Liability [Member]    
Fair value   $ 384,407
Percentage of net assets   0.12%
Number of contracts   983
Notional amount, liability   $ 24,280,100
CBOT Corn Futures JUL24 [Member] | Teucrium Corn Fund [Member] | Corn Futures Contracts [Member] | Liability [Member]    
Fair value   $ 384,407
Percentage of net assets   0.47%
Number of contracts   983
Notional amount, liability   $ 24,280,100
CBOT Corn Futures DEC25 [Member | Corn Futures Contracts [Member] | Liability [Member]    
Fair value $ 1,869,932  
Percentage of net assets 0.67%  
Number of contracts 989  
Notional amount, liability $ 22,524,475  
CBOT Corn Futures DEC25 [Member | Teucrium Corn Fund [Member] | Corn Futures Contracts [Member] | Liability [Member]    
Fair value $ 1,869,932  
Percentage of net assets 2.96%  
Number of contracts 989  
Notional amount, liability $ 22,524,475  
Commercial Paper, Three [Member] | Brookfield Infrastructure Holdings (Canada) Inc. [Member]    
Index 5.738% 5.814%
Cost $ 2,467,217 $ 3,032,227
Fair value $ 2,494,146 $ 3,040,948
Percentage of net assets 0.90% 0.97%
Maturity date Jul. 16, 2024 Jan. 30, 2024
Principal amount $ 2,500,000 $ 3,055,000
Commercial Paper, Three [Member] | Albemarle Corporation [Member]    
Index   5.738%
Cost   $ 4,952,302
Fair value   $ 4,994,526
Percentage of net assets   1.59%
Maturity date   Jan. 08, 2024
Principal amount   $ 5,000,000
Commercial Paper, Three [Member] | General Motors Financial Company, Inc. [Member]    
Index   5.70%
Cost   $ 7,397,667
Fair value   $ 7,454,648
Percentage of net assets   2.37%
Maturity date   Feb. 09, 2024
Principal amount   $ 7,500,000
Commercial Paper, Three [Member] | Harley-Davidson Financial Services, Inc. [Member]    
Index   5.927%
Cost   $ 7,421,323
Fair value   $ 7,446,741
Percentage of net assets   2.37%
Maturity date   Feb. 14, 2024
Principal amount   $ 7,500,000
Commercial Paper, Three [Member] | VW Credit, Inc. [Member]    
Index 5.445%  
Cost $ 3,470,873  
Fair value $ 3,480,756  
Percentage of net assets 1.25%  
Maturity date Aug. 07, 2024  
Principal amount $ 3,500,000  
Commercial Paper, Three [Member] | V.F. Corporation [Member]    
Index   5.91%
Cost   $ 4,928,362
Fair value   $ 4,950,783
Percentage of net assets   1.57%
Maturity date   Jan. 25, 2024
Principal amount   $ 4,970,000
Commercial Paper, Three [Member] | Teucrium Corn Fund [Member] | Harley-Davidson Financial Services, Inc. [Member]    
Index   5.927%
Cost   $ 2,473,774
Fair value   $ 2,482,247
Percentage of net assets   3.06%
Maturity date   Feb. 14, 2024
Principal amount   $ 2,500,000
Commercial Paper [Member]    
Cost 96,631,686 142,223,286
Fair value $ 97,075,969 $ 143,041,466
Percentage of net assets 34.97% 45.50%
Commercial Paper [Member] | Entergy Corporation [Member]    
Index   5.665%
Cost   $ 7,402,875
Fair value   $ 7,430,625
Percentage of net assets   2.36%
Maturity date   Mar. 01, 2024
Principal amount   $ 7,500,000
Commercial Paper [Member] | Teucrium Corn Fund [Member]    
Cost $ 27,252,238 39,654,192
Fair value $ 27,383,166 $ 39,878,124
Percentage of net assets 43.38% 49.20%
Cash and Cash Equivalents [Member]    
Fair value $ 198,161,089 $ 263,089,306
Percentage of net assets 71.36% 83.66%
Cash and Cash Equivalents [Member] | Teucrium Corn Fund [Member]    
Fair value $ 50,346,773 $ 66,451,666
Percentage of net assets 79.75% 81.99%