XML 44 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
STATEMENTS OF CHANGES IN NET ASSETS - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Teucrium Commodity Trust - Combined [Member]      
Operations      
Net (loss) income $ (16,716,742) $ (20,238,546) $ (27,321,983)
Capital transactions      
Issuance of Shares 91,549,498 121,278,251 32,803,944
Redemption of Shares (85,848,091) (46,688,821) (51,232,764)
Net change in the cost of the Underlying Funds 4,900 4,816 318
Total capital transactions 5,706,307 74,594,246 (18,428,502)
Net change in net assets (11,010,435) 54,355,700 (45,750,485)
Net assets, beginning of period 153,957,187 99,601,487 145,351,972
Net assets, end of period 142,946,752 153,957,187 99,601,487
Teucrium Corn Fund [Member]      
Operations      
Net (loss) income (7,715,090) (9,564,067) (17,183,472)
Capital transactions      
Issuance of Shares 25,173,968 57,591,933 8,538,198
Redemption of Shares (25,770,940) (35,870,548) (38,758,010)
Total capital transactions (596,972) 21,721,385 (30,219,812)
Net change in net assets (8,312,062) 12,157,318 (47,403,284)
Net assets, beginning of period 73,213,541 61,056,223 108,459,507
Net assets, end of period $ 64,901,479 $ 73,213,541 $ 61,056,223
Net asset value per share at beginning of period $ 18.77 $ 21.24 $ 26.62
Net asset value per share at end of period $ 16.75 $ 18.77 $ 21.24
Creation of Shares 1,325,000 2,875,000 350,000
Redemption of Shares 1,350,000 1,850,000 1,550,000
Teucrium Soybean Fund [Member]      
Operations      
Net (loss) income $ (1,115,780) $ 1,094,528 $ (1,517,824)
Capital transactions      
Issuance of Shares 20,374,923 9,190,140 2,478,439
Redemption of Shares (21,877,218) (3,905,120) (6,414,212)
Total capital transactions (1,502,295) 5,285,020 (3,935,773)
Net change in net assets (2,618,075) 6,379,548 (5,453,597)
Net assets, beginning of period 12,882,100 6,502,552 11,956,149
Net assets, end of period $ 10,264,025 $ 12,882,100 $ 6,502,552
Net asset value per share at beginning of period $ 19.08 $ 17.34 $ 20.79
Net asset value per share at end of period $ 17.85 $ 19.08 $ 17.34
Creation of Shares 1,100,000 500,000 125,000
Redemption of Shares 1,200,000 200,000 325,000
Teucrium Sugar Fund [Member]      
Operations      
Net (loss) income $ (2,290,088) $ 1,349,263 $ (475,806)
Capital transactions      
Issuance of Shares 10,190,950 2,805,578 3,767,602
Redemption of Shares (7,051,123) (4,149,533) (444,345)
Total capital transactions 3,139,827 (1,343,955) 3,323,257
Net change in net assets 849,739 5,308 2,847,451
Net assets, beginning of period 5,513,971 5,508,663 2,661,212
Net assets, end of period $ 6,363,710 $ 5,513,971 $ 5,508,663
Net asset value per share at beginning of period $ 12.97 $ 10.02 $ 11.83
Net asset value per share at end of period $ 9.79 $ 12.97 $ 10.02
Creation of Shares 925,000 250,000 375,000
Redemption of Shares 700,000 375,000 50,000
Teucrium Wheat Fund [Member]      
Operations      
Net (loss) income $ (5,589,587) $ (13,111,481) $ (8,137,705)
Capital transactions      
Issuance of Shares 35,809,657 51,690,600 18,019,705
Redemption of Shares (31,148,810) (2,763,620) (5,616,197)
Total capital transactions 4,660,847 48,926,980 12,403,508
Net change in net assets (928,740) 35,815,499 4,265,803
Net assets, beginning of period 62,344,759 26,529,260 22,263,457
Net assets, end of period $ 61,416,019 $ 62,344,759 $ 26,529,260
Net asset value per share at beginning of period $ 6.89 $ 9.15 $ 12.72
Net asset value per share at end of period $ 5.99 $ 6.89 $ 9.15
Creation of Shares 5,375,000 6,475,000 1,675,000
Redemption of Shares 4,175,000 325,000 525,000
Teucrium Agricultural Fund [Member]      
Operations      
Net (loss) income $ (178,731) $ (13,020) $ (323,359)
Capital transactions      
Net change in net assets (178,731) (13,020) (323,359)
Net assets, beginning of period 1,316,370 1,329,390 1,652,749
Net assets, end of period $ 1,137,639 $ 1,316,370 $ 1,329,390
Net asset value per share at beginning of period $ 26.33 $ 26.59 $ 33.05
Net asset value per share at end of period $ 22.75 $ 26.33 $ 26.59
Creation of Shares 0 0 0
Redemption of Shares 0 0 0