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STATEMENTS OF ASSETS AND LIABILITIES - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Teucrium Commodity Trust - Combined    
Assets    
Cash and cash equivalents $ 166,081,885 $ 159,250,322
Interest receivable 250 113
Other assets 9,719 24,455
Equity in trading accounts:    
Commodity futures contracts 7,712,856 569,742
Due from broker 4,252 10,972,275
Total equity in trading accounts 7,717,108 11,542,017
Total assets 173,808,962 170,816,907
Liabilities    
Management fee payable to Sponsor 141,898 135,263
Payable for purchases of commercial paper 0 14,951,548
Other liabilities 38,767 109,342
Equity in trading accounts:    
Commodity futures contracts 581,574 5,369,594
Due to broker 5,140,126 0
Total equity in trading accounts 5,721,700 5,369,594
Total liabilities 5,902,365 20,565,747
Net assets 167,906,597 150,251,160
Teucrium Corn Fund    
Assets    
Cash and cash equivalents 74,521,123 58,910,133
Interest receivable 106 7
Other assets 0 6,380
Equity in trading accounts:    
Commodity futures contracts 1,365,055 107,363
Due from broker 4,252 3,730,196
Total equity in trading accounts 1,369,307 3,837,559
Total assets 75,890,536 62,754,079
Liabilities    
Management fee payable to Sponsor 65,233 51,822
Payable for purchases of commercial paper 0 4,981,957
Other liabilities 23,539 43,955
Equity in trading accounts:    
Commodity futures contracts 581,574 1,297,288
Total liabilities 670,346 6,375,022
Net assets $ 75,220,190 $ 56,379,057
Shares outstanding 5,075,004 3,500,004
Shares authorized 10,125,000 12,800,000
Net asset value per share $ 14.82 $ 16.11
Market value per share $ 14.80 $ 16.05
Teucrium Soybean Fund    
Assets    
Cash and cash equivalents $ 27,874,691 $ 26,774,939
Interest receivable 42 4
Other assets 4,370 0
Equity in trading accounts:    
Commodity futures contracts 931,896 228,400
Due from broker 0 1,022,182
Total equity in trading accounts 931,896 1,250,582
Total assets 28,810,999 28,025,525
Liabilities    
Management fee payable to Sponsor 23,139 24,973
Other liabilities 8,921 19,285
Equity in trading accounts:    
Commodity futures contracts 0 39,250
Due to broker 643,808 0
Total equity in trading accounts 643,808 39,250
Total liabilities 675,868 83,508
Net assets $ 28,135,131 $ 27,942,017
Shares outstanding 1,775,004 1,725,004
Shares authorized 9,700,000 10,350,000
Net asset value per share $ 15.85 $ 16.20
Market value per share $ 15.83 $ 16.18
Teucrium Sugar Fund    
Assets    
Cash and cash equivalents $ 12,215,795 $ 10,261,941
Interest receivable 28 90
Other assets 1,140 4,621
Equity in trading accounts:    
Commodity futures contracts 347,429 233,979
Due from broker 0 351,972
Total equity in trading accounts 347,429 585,951
Total assets 12,564,392 10,852,603
Liabilities    
Management fee payable to Sponsor 10,609 9,918
Other liabilities 2,695 16,290
Equity in trading accounts:    
Commodity futures contracts 0 47,656
Due to broker 237,908 0
Total equity in trading accounts 237,908 47,656
Total liabilities 251,212 73,864
Net assets $ 12,313,180 $ 10,778,739
Shares outstanding 1,750,004 1,525,004
Shares authorized 9,725,000 10,525,000
Net asset value per share $ 7.04 $ 7.07
Market value per share $ 7.02 $ 7.09
Teucrium Wheat Fund    
Assets    
Cash and cash equivalents $ 51,467,643 $ 63,300,447
Interest receivable 71 7
Other assets 4,209 13,454
Equity in trading accounts:    
Commodity futures contracts 5,068,476 0
Due from broker 0 5,867,925
Total equity in trading accounts 5,068,476 5,867,925
Total assets 56,540,399 69,181,833
Liabilities    
Management fee payable to Sponsor 42,917 48,550
Payable for purchases of commercial paper 0 9,969,591
Other liabilities 2,876 28,419
Equity in trading accounts:    
Commodity futures contracts 0 3,985,400
Due to broker 4,258,410 0
Total equity in trading accounts 4,258,410 3,985,400
Total liabilities 4,304,203 14,031,960
Net assets $ 52,236,196 $ 55,149,873
Shares outstanding 8,950,004 9,275,004
Shares authorized 43,000,000 15,175,000
Net asset value per share $ 5.84 $ 5.95
Market value per share $ 5.85 $ 5.93
Teucrium Agricultural Fund    
Assets    
Cash and cash equivalents $ 2,633 $ 2,862
Interest receivable 3 5
Equity in trading accounts:    
Investments in securities, at fair value (cost $1,908,649 and $2,021,172 as of December 31, 2019 and December 31, 2018, respectively) 1,476,880 1,523,286
Total assets 1,479,516 1,526,153
Liabilities    
Other liabilities 736 1,393
Equity in trading accounts:    
Net assets $ 1,478,780 $ 1,524,760
Shares outstanding 75,002 75,002
Shares authorized 4,625,000 4,625,000
Net asset value per share $ 19.72 $ 20.33
Market value per share $ 19.60 $ 20.53