Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2018

Teucrium Commodity Trust - Combined [Member]

Schedule of Assets and Liabilities Measured at Fair Value

December 31, 2018

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2018
Cash Equivalents	$	87,351,442	$	-	$	-	$	87,351,442
Commodity Futures Contracts
Corn futures contracts		107,363		-		-		107,363
Soybeans futures contracts		228,400		-		-		228,400
Sugar futures contracts		233,979		-		-		233,979
Total	$	87,921,184	$	-	$	-	$	87,921,184
Liabilities:	Level 1		Level 2		Level 3		Balance as of December 31, 2018
Commodity Futures Contracts
Corn futures contracts	$	1,297,288	$	-	$	-	$	1,297,288
Soybeans futures contracts		39,250		-		-		39,250
Sugar futures contracts		47,656		-		-		47,656
Wheat futures contracts		3,985,400		-		-		3,985,400
Total	$	5,369,594	$	-	$	-	$	5,369,594

December 31, 2017

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2017
Cash Equivalents	$	49,932,760	$	-	$	-	$	49,932,760
Commodity Futures Contracts
Corn futures contracts		120,487		-		-		120,487
Sugar futures contracts		184,319		-		-		184,319
Wheat futures contracts		604,475		-		-		604,475
Total	$	50,842,041	$	-	$	-	$	50,842,041
Liabilities:	Level 1		Level 2		Level 3		Balance as of December 31, 2017
Commodity Futures Contracts
Corn futures contracts	$	1,962,050	$	-	$	-	$	1,962,050
Soybeans futures contracts		448,063		-		-		448,063
Sugar futures contracts		67,133		-		-		67,133
Wheat futures contracts		3,200,525		-		-		3,200,525
Total	$	5,677,771	$	-	$	-	$	5,677,771

Teucrium Corn Fund [Member]

Schedule of Assets and Liabilities Measured at Fair Value

December 31, 2018
Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2018
Cash Equivalents	$	34,935,797	$	-	$	-	$	34,935,797
Corn Futures Contracts		107,363		-		-		107,363
Total	$	35,043,160	$	-	$	-	$	35,043,160

Liabilities:	Level 1		Level 2		Level 3		Balance as of December 31, 2018
Corn Futures Contracts	$	1,297,288	$	-	$	-	$	1,297,288

December 31, 2017
Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2017
Cash Equivalents	$	24,965,043	$	-	$	-	$	24,965,043
Corn Futures Contracts		120,487		-		-		120,487
Total	$	25,085,530	$	-	$	-	$	25,085,530
Liabilities:	Level 1		Level 2		Level 3		Balance as of December 31, 2017
Corn Futures Contracts	$	1,962,050	$	-	$	-	$	1,962,050

Teucrium Soybean Fund [Member]

Schedule of Assets and Liabilities Measured at Fair Value

December 31, 2018

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2018
Cash Equivalents	$	12,492,618	$	-	$	-	$	12,492,618
Soybeans futures contracts		228,400		-		-		228,400
Total	$	12,721,018	$	-	$	-	$	12,721,018
Liabilities:	Level 1		Level 2		Level 3		Balance as of December 31, 2018
Soybeans futures contracts	$	39,250	$	-	$	-	$	39,250

December 31, 2017

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2017
Cash Equivalents	$	100	$	-	$	-	$	100
Liabilities:	Level 1		Level 2		Level 3		Balance as of December 31, 2017
Soybeans futures contracts	$	448,063	$	-	$	-	$	448,063

Teucrium Sugar Fund [Member]

Schedule of Assets and Liabilities Measured at Fair Value

December 31, 2018

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2018
Cash Equivalents	$	2,497,232	$	-	$	-	$	2,497,232
Sugar futures contracts		233,979		-		-		233,979
Total	$	2,731,211	$	-	$	-	$	2,731,211
Liabilities:	Level 1		Level 2		Level 3		Balance as of December 31, 2018
Commodity Futures Contracts
Sugar futures contracts	$	47,656	$	-	$	-	$	47,656

December 31, 2017

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2017
Cash Equivalents	$	100	$	-	$	-	$	100
Sugar Futures Contracts		184,319		-		-		184,319
Total	$	184,419	$	-	$	-	$	184,419
Liabilities:	Level 1		Level 2		Level 3		Balance as of December 31, 2017
Sugar Futures Contracts	$	67,133	$	-	$	-	$	67,133

Teucrium Wheat Fund [Member]

Schedule of Assets and Liabilities Measured at Fair Value

December 31, 2018

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2018
Cash Equivalents	$	37,422,933	$	-	$	-	$	37,422,933
Liabilities:	Level 1		Level 2		Level 3		Balance as of December 31, 2018
Wheat Futures contracts	$	3,985,400	$	-	$	-	$	3,985,400

December 31, 2017

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2017
Cash Equivalents	$	24,965,043	$	-	$	-	$	24,965,043
Wheat Futures contracts		604,475		-		-		604,475
Total	$	25,569,518	$	-	$	-	$	25,569,518

Liabilities:	Level 1		Level 2		Level 3		Balance as of December 31, 2017
Wheat Futures contracts	$	3,200,525	$	-	$	-	$	3,200,525

Teucrium Agricultural Fund [Member]

Schedule of Assets and Liabilities Measured at Fair Value

December 31, 2018

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2018
Exchange Traded Funds	$	1,523,286	$	-	$	-	$	1,523,286
Cash Equivalents	$	2,862	$	-	$	-	$	2,862
Total	$	1,526,148	$	-	$	-	$	1,526,148

December 31, 2017

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2017
Exchange Traded Funds	$	1,136,120	$	-	$	-	$	1,136,120
Cash Equivalents		2,474		-		-		2,474
Total	$	1,138,594	$	-	$	-	$	1,138,594