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Principal Contracts and Agreements (Tables)
9 Months Ended
Sep. 30, 2021
Teucrium Commodity Trust - Combined  
Summary of expenses

 

 

Three month ended

 

 

Three month ended

 

 

Nine month ended

 

 

Nine month ended

 

 

 

September 30,

2021

 

 

September 30,

2020

 

 

September 30,

2021

 

 

September 30,

2020

 

Amount Recognized for Custody Services

 

$99,410

 

 

$114,155

 

 

$280,651

 

 

$298,189

 

Amount of Custody Services Waived

 

$53,146

 

 

$18,742

 

 

$79,955

 

 

$34,084

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$41,306

 

 

$38,382

 

 

$132,621

 

 

$117,804

 

Amount of Distribution Services Waived

 

$36,153

 

 

$15,640

 

 

$60,354

 

 

$18,115

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$3,300

 

 

$-

 

 

$3,300

 

 

$-

 

Amount of Wilmington Trust Waived

 

$991

 

 

$-

 

 

$991

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$92,386

 

 

$22,500

 

 

$253,154

 

 

$67,500

 

Amount of Thales Waived

 

$92,386

 

 

$6,977

 

 

$134,064

 

 

$8,754

 

Teucrium Agricultural Fund [Member]  
Summary of expenses

 

 

Three month

ended

 

 

Three month

ended

 

 

Nine month

ended

 

 

Nine month

ended

 

 

 

September 30,

2021

 

 

September 30,

2020

 

 

September 30,

2021

 

 

September 30,

2020

 

Amount Recognized for Custody Services

 

$2,533

 

 

$395

 

 

$4,258

 

 

$1,461

 

Amount of Custody Services Waived

 

$2,299

 

 

$395

 

 

$4,024

 

 

$1,461

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$1,016

 

 

$155

 

 

$2,043

 

 

$618

 

Amount of Distribution Services Waived

 

$1,016

 

 

$155

 

 

$1,885

 

 

$618

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$108

 

 

$-

 

 

$108

 

 

$-

 

Amount of Wilmington Trust Waived

 

$108

 

 

$-

 

 

$108

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$2,196

 

 

$101

 

 

$3,954

 

 

$365

 

Amount of Thales Waived

 

$2,196

 

 

$101

 

 

$3,954

 

 

$365

 

Teucrium Wheat Fund [Member]  
Summary of expenses

 

 

Three month

ended

 

 

Three month

ended

 

 

Nine month

ended

 

 

Nine month

ended

 

 

 

September 30,

2021

 

 

September 30,

2020

 

 

September 30,

2021

 

 

September 30,

2020

 

Amount Recognized for Custody Services

 

$19,798

 

 

$19,594

 

 

$54,420

 

 

$67,842

 

Amount of Custody Services Waived

 

$5,960

 

 

$-

 

 

$5,960

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$8,584

 

 

$7,460

 

 

$26,000

 

 

$27,860

 

Amount of Distribution Services Waived

 

$8,584

 

 

$2,002

 

 

$16,804

 

 

$2,002

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$789

 

 

$-

 

 

$789

 

 

$-

 

Amount of Wilmington Trust Waived

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$19,008

 

 

$4,611

 

 

$49,674

 

 

$16,380

 

Amount of Thales Waived

 

$19,008

 

 

$-

 

 

$22,741

 

 

$-

 

Teucrium Soybean Fund [Member]  
Summary of expenses

 

 

Three month

ended

 

 

Three month

ended

 

 

Nine month

ended

 

 

Nine month

ended

 

 

 

September 30,

2021

 

 

September 30,

2020

 

 

September 30,

2021

 

 

September 30,

2020

 

Amount Recognized for Custody Services

 

$24,956

 

 

$36,797

 

 

$77,396

 

 

$67,262

 

Amount of Custody Services Waived

 

$14,494

 

 

$667

 

 

$22,311

 

 

$667

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$9,804

 

 

$10,790

 

 

$36,491

 

 

$24,151

 

Amount of Distribution Services Waived

 

$6,268

 

 

$10,198

 

 

$20,164

 

 

$10,198

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$631

 

 

$-

 

 

$631

 

 

$-

 

Amount of Wilmington Trust Waived

 

$631

 

 

$-

 

 

$631

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$22,937

 

 

$5,701

 

 

$70,896

 

 

$12,802

 

Amount of Thales Waived

 

$22,937

 

 

$5,701

 

 

$28,236

 

 

$5,701

 

Teucrium Sugar Fund [Member]  
Summary of expenses

 

 

Three month ended

 

 

Three month ended

 

 

Nine month ended

 

 

Nine month ended

 

 

 

September 30,

2021

 

 

September 30,

2020

 

 

September 30,

2021

 

 

September 30,

2020

 

Amount Recognized for Custody Services

 

$3,407

 

 

$7,156

 

 

$11,673

 

 

$19,555

 

Amount of Custody Services Waived

 

$2,209

 

 

$3,418

 

 

$4,544

 

 

$7,694

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$2,359

 

 

$1,916

 

 

$5,967

 

 

$7,442

 

Amount of Distribution Services Waived

 

$742

 

 

$1,795

 

 

$1,958

 

 

$3,806

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$252

 

 

$-

 

 

$252

 

 

$-

 

Amount of Wilmington Trust Waived

 

$252

 

 

$-

 

 

$252

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$4,991

 

 

$1,176

 

 

$11,299

 

 

$4,283

 

Amount of Thales Waived

 

$4,991

 

 

$1,176

 

 

$5,859

 

 

$2,688

 

Teucrium Corn Fund [Member]  
Summary of expenses

 

 

Three month

ended

 

 

Three month

ended

 

 

Nine month

ended

 

 

Nine month

ended

 

 

 

September 30,

2021

 

 

September 30,

2020

 

 

September 30,

2021

 

 

September 30,

2020

 

Amount Recognized for Custody Services

 

$48,716

 

 

$50,213

 

 

$132,904

 

 

$142,069

 

Amount of Custody Services Waived

 

$28,184

 

 

$14,262

 

 

$43,116

 

 

$24,262

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$19,543

 

 

$18,062

 

 

$62,120

 

 

$57,732

 

Amount of Distribution Services Waived

 

$19,543

 

 

$1,490

 

 

$19,543

 

 

$1,490

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$1,520

 

 

$-

 

 

$1,520

 

 

$-

 

Amount of Wilmington Trust Waived

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$43,254

 

 

$10,912

 

 

$117,331

 

 

$33,671

 

Amount of Thales Waived

 

$43,254

 

 

$-

 

 

$73,274

 

 

$-