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Principal Contracts and Agreements (Tables)
 3 Months Ended
Mar. 31, 2021
Teucrium Commodity Trust - Combined [Member]  
Summary of expenses

 

 

Three months

ended

March 31,

2021

 

 

Three months

ended

March 31,

2020

 

Amount Recognized for Custody Services

 

$101,645

 

 

$77,872

 

Amount of Custody Services Waived

 

$731

 

 

$12,735

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$47,649

 

 

$43,703

 

Amount of Distribution Services Waived

 

$6,204

 

 

$1,470

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$-

 

 

$-

 

Amount of Wilmington Trust Waived

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$76,720

 

 

$22,500

 

Amount of Thales Waived

 

$503

 

 

$130

 
Teucrium Soybean Fund [Member]  
Summary of expenses

 

 

Three months ended March 31, 2021

 

 

Three months ended March 31, 2020

 

Amount Recognized for Custody Services

 

$31,474

 

 

$10,747

 

Amount of Custody Services Waived

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$14,613

 

 

$6,883

 

Amount of Distribution Services Waived

 

$6,017

 

 

$-

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$-

 

 

$-

 

Amount of Wilmington Trust Waived

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$24,352

 

 

$3,501

 

Amount of Thales Waived

 

$-

 

 

$-

 
Teucrium Sugar Fund [Member]  
Summary of expenses

 

 

Three months ended March 31, 2021

 

 

Three months ended March 31, 2020

 

Amount Recognized for Custody Services

 

$3,657

 

 

$6,971

 

Amount of Custody Services Waived

 

$55

 

 

$2,201

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$1,853

 

 

$3,027

 

Amount of Distribution Services Waived

 

$-

 

 

$1,213

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$-

 

 

$-

 

Amount of Wilmington Trust Waived

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$3,042

 

 

$1,594

 

Amount of Thales Waived

 

$-

 

 

$-

 
Teucrium Wheat Fund [Member]  
Summary of expenses

 

 

Three months

ended

March 31,

2021

 

 

Three months

ended

March 31,

2020

 

Amount Recognized for Custody Services

 

$19,431

 

 

$22,292

 

Amount of Custody Services Waived

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$9,176

 

 

$11,222

 

Amount of Distribution Services Waived

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$-

 

 

$-

 

Amount of Wilmington Trust Waived

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$14,493

 

 

$5,890

 

Amount of Thales Waived

 

$-

 

 

$-

 
Teucrium Agricultural Fund [Member]  
Summary of expenses

 

 

Three months

ended

March 31,

2021

 

 

Three months

ended

March 31,

2020

 

Amount Recognized for Custody Services

 

$676

 

 

$534

 

Amount of Custody Services Waived

 

$676

 

 

$534

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$345

 

 

$257

 

Amount of Distribution Services Waived

 

$187

 

 

$257

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$-

 

 

$-

 

Amount of Wilmington Trust Waived

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$503

 

 

$130

 

Amount of Thales Waived

 

$503

 

 

$130

 
Teucrium Corn Fund [Member]  
Summary of expenses

 

 

Three months ended March 31, 2021

 

 

Three months ended March 31, 2020

 

Amount Recognized for Custody Services

 

$46,407

 

 

$37,328

 

Amount of Custody Services Waived

 

$-

 

 

$10,000

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$21,662

 

 

$22,315

 

Amount of Distribution Services Waived

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$-

 

 

$-

 

Amount of Wilmington Trust Waived

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$34,330

 

 

$11,384

 

Amount of Thales Waived

 

$-

 

 

$-