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STATEMENTS OF CHANGES IN NET ASSETS - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2019
Mar. 31, 2019
Dec. 31, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Teucrium Commodity Trust - Combined              
Operations              
Net (loss) income         $ (9,390,216) $ (7,605,849) $ (16,716,742)
Capital transactions              
Issuance of shares         70,773,761 85,028,352 91,549,498
Redemption of shares         (43,731,253) (69,545,996) (85,848,091)
Net change in the cost of the underlying funds         3,145 (572,099) 4,900
Total capital transactions         27,045,653 14,910,257 5,706,307
Net change in net assets         17,655,437 7,304,408 (11,010,435)
Net assets, beginning of period   $ 150,251,160   $ 142,946,752 150,251,160 142,946,752 153,957,187
Net assets, end of period $ 167,906,597   $ 150,251,160   167,906,597 150,251,160 142,946,752
Teucrium Corn Fund              
Operations              
Net (loss) income (2,296,861) (3,146,381) 1,210,330 4,877,008 (8,416,897) (3,413,397) (7,715,090)
Capital transactions              
Issuance of shares         43,738,918 26,460,193 25,173,968
Redemption of shares         (16,480,888) (31,569,218) (25,770,940)
Total capital transactions         27,258,030 (5,109,025) (596,972)
Net change in net assets         18,841,133 (8,522,422) (8,312,062)
Net assets, beginning of period   $ 56,379,057   $ 64,901,479 56,379,057 64,901,479 73,213,541
Net assets, end of period $ 75,220,190   $ 56,379,057   $ 75,220,190 $ 56,379,057 $ 64,901,479
Net asset value per share at beginning of period   $ 16.11   $ 16.75 $ 16.11 $ 16.75 $ 18.77
Net asset value per share at end of period $ 14.82   $ 16.11   $ 14.82 $ 16.11 $ 16.75
Creation of shares         2,675,000 1,525,000 1,325,000
Redemption of shares         1,100,000 1,900,000 1,350,000
Teucrium Soybean Fund              
Operations              
Net (loss) income $ 604,239 $ (529,172) $ 584,276 $ 738,844 $ (27,201) $ (1,764,857) $ (1,115,780)
Capital transactions              
Issuance of shares         9,627,010 26,403,162 20,374,923
Redemption of shares         (9,406,695) (6,960,313) (21,877,218)
Total capital transactions         220,315 19,442,849 (1,502,295)
Net change in net assets         193,114 17,677,992 (2,618,075)
Net assets, beginning of period   $ 27,942,017   $ 10,264,025 27,942,017 10,264,025 12,882,100
Net assets, end of period $ 28,135,131   $ 27,942,017   $ 28,135,131 $ 27,942,017 $ 10,264,025
Net asset value per share at beginning of period   $ 16.20   $ 17.85 $ 16.20 $ 17.85 $ 19.08
Net asset value per share at end of period $ 15.85   $ 16.20   $ 15.85 $ 16.20 $ 17.85
Creation of shares         650,000 1,575,000 1,100,000
Redemption of shares         600,000 425,000 1,200,000
Teucrium Sugar Fund              
Operations              
Net (loss) income $ 687,417 $ 394,468 $ 1,558,273 $ (1,189,219) $ 148,546 $ (2,435,786) $ (2,290,088)
Capital transactions              
Issuance of shares         5,467,420 18,588,300 10,190,950
Redemption of shares         (4,081,525) (11,737,485) (7,051,123)
Total capital transactions         1,385,895 6,850,815 3,139,827
Net change in net assets         1,534,441 4,415,029 849,739
Net assets, beginning of period   $ 10,778,739   $ 6,363,710 10,778,739 6,363,710 5,513,971
Net assets, end of period $ 12,313,180   $ 10,778,739   $ 12,313,180 $ 10,778,739 $ 6,363,710
Net asset value per share at beginning of period   $ 7.07   $ 9.79 $ 7.07 $ 9.79 $ 12.97
Net asset value per share at end of period $ 7.04   $ 7.07   $ 7.04 $ 7.07 $ 9.79
Creation of shares         800,000 2,450,000 925,000
Redemption of shares         575,000 1,575,000 700,000
Teucrium Wheat Fund              
Operations              
Net (loss) income $ 4,790,612 $ (6,332,550) $ (2,788,858) $ 2,063,869 $ (1,091,945) $ 15,244 $ (5,589,587)
Capital transactions              
Issuance of shares         11,940,413 12,997,590 35,809,657
Redemption of shares         (13,762,145) (19,278,980) (31,148,810)
Total capital transactions         (1,821,732) (6,281,390) 4,660,847
Net change in net assets         (2,913,677) (6,266,146) (928,740)
Net assets, beginning of period   $ 55,149,873   $ 61,416,019 55,149,873 61,416,019 62,344,759
Net assets, end of period $ 52,236,196   $ 55,149,873   $ 52,236,196 $ 55,149,873 $ 61,416,019
Net asset value per share at beginning of period   $ 5.95   $ 5.99 $ 5.95 $ 5.99 $ 6.89
Net asset value per share at end of period $ 5.84   $ 5.95   $ 5.84 $ 5.95 $ 5.99
Creation of shares         2,175,000 2,000,000 5,375,000
Redemption of shares         2,500,000 2,975,000 4,175,000
Teucrium Agricultural Fund              
Operations              
Net (loss) income $ 53,464 $ (61,273) $ 24,322 $ 2,030 $ (45,980) $ (191,986) $ (178,731)
Capital transactions              
Issuance of shares         0 579,107 0
Total capital transactions         0 579,107 0
Net change in net assets         (45,980) 387,121 (178,731)
Net assets, beginning of period   $ 1,524,760   $ 1,137,639 1,524,760 1,137,639 1,316,370
Net assets, end of period $ 1,478,780   $ 1,524,760   $ 1,478,780 $ 1,524,760 $ 1,137,639
Net asset value per share at beginning of period   $ 20.33   $ 22.75 $ 20.33 $ 22.75 $ 26.33
Net asset value per share at end of period $ 19.72   $ 20.33   $ 19.72 $ 20.33 $ 22.75
Creation of shares         0 25,000 0
Redemption of shares         0 0 0