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Principal Contracts and Agreements (Details Narrative)
9 Months Ended
Sep. 30, 2021
USD ($)
Teucrium Commodity Trust - Combined | Service [Member]  
Fees to related party for services, Description For custody services, the Funds will pay to U.S. Bank N.A. 0.0075% of average gross assets up to $1 billion, and .0050% of average gross assets over $1 billion, annually, plus certain per-transaction charges. For Transfer Agency, Fund Accounting and Fund Administration services, which are based on the total assets for all the Funds in the Trust, the Funds will pay to Global Fund Services 0.05% of average gross assets on the first $500 million, 0.04% on the next $500 million, 0.03% on the next $2 billion and 0.02% on the balance over $3 billion annually. A combined minimum annual fee of up to $47,000 for custody, transfer agency, accounting and administrative services is assessed per Fund.
Teucrium Commodity Trust - Combined | Securities Activities And Service Agreement [Member]  
Fees to related party for services, Description For its services as the Distributor, Foreside receives a fee of 0.01% of each Fund’s average daily net assets and an aggregate annual fee of $100,000 for all Funds, along with certain expense reimbursements. For its services under the SASA, Foreside receives a fee of $5,000 per registered representative and $1,000 per registered location.
Teucrium Corn Fund [Member] | Service [Member]  
Fees to related party for services, Description For custody services, the Funds will pay to U.S. Bank N.A. 0.0075% of average gross assets up to $1 billion, and .0050% of average gross assets over $1 billion, annually, plus certain per-transaction charges. For Transfer Agency, Fund Accounting and Fund Administration services, which are based on the total assets for all the Funds in the Trust, the Funds will pay to Global Fund Services 0.05% of average gross assets on the first $500 million, 0.04% on the next $500 million, 0.03% on the next $2 billion and 0.02% on the balance over $3 billion annually. A combined minimum annual fee of up to $47,000 for custody, transfer agency, accounting and administrative services is assessed per Fund.
Teucrium Soyabean Fund [Member] | Service [Member]  
Fees to related party for services, Description For custody services, the Funds will pay to U.S. Bank N.A. 0.0075% of average gross assets up to $1 billion, and .0050% of average gross assets over $1 billion, annually, plus certain per-transaction charges. For Transfer Agency, Fund Accounting and Fund Administration services, which are based on the total assets for all the Funds in the Trust, the Funds will pay to Global Fund Services 0.05% of average gross assets on the first $500 million, 0.04% on the next $500 million, 0.03% on the next $2 billion and 0.02% on the balance over $3 billion annually. A combined minimum annual fee of up to $47,000 for custody, transfer agency, accounting and administrative services is assessed per Fund.
Teucrium Sugar Fund [Member] | Service [Member]  
Fees to related party for services, Description For custody services, the Funds will pay to U.S. Bank N.A. 0.0075% of average gross assets up to $1 billion, and .0050% of average gross assets over $1 billion, annually, plus certain per-transaction charges. For Transfer Agency, Fund Accounting and Fund Administration services, which are based on the total assets for all the Funds in the Trust, the Funds will pay to Global Fund Services 0.05% of average gross assets on the first $500 million, 0.04% on the next $500 million, 0.03% on the next $2 billion and 0.02% on the balance over $3 billion annually. A combined minimum annual fee of up to $47,000 for custody, transfer agency, accounting and administrative services is assessed per Fund.
Teucrium Wheat Fund [Member] | Service [Member]  
Fees to related party for services, Description For custody services, the Funds will pay to U.S. Bank N.A. 0.0075% of average gross assets up to $1 billion, and .0050% of average gross assets over $1 billion, annually, plus certain per-transaction charges. For Transfer Agency, Fund Accounting and Fund Administration services, which are based on the total assets for all the Funds in the Trust, the Funds will pay to Global Fund Services 0.05% of average gross assets on the first $500 million, 0.04% on the next $500 million, 0.03% on the next $2 billion and 0.02% on the balance over $3 billion annually. A combined minimum annual fee of up to $64,500 for custody, transfer agency, accounting and administrative services is assessed per Fund.
Teucrium Agricultural Fund [Member] | Service [Member]  
Fees to related party for services, Description For custody services, the Funds will pay to U.S. Bank N.A. 0.0075% of average gross assets up to $1 billion, and .0050% of average gross assets over $1 billion, annually, plus certain per-transaction charges. For Transfer Agency, Fund Accounting and Fund Administration services, which are based on the total assets for all the Funds in the Trust, the Funds will pay to Global Fund Services 0.05% of average gross assets on the first $500 million, 0.04% on the next $500 million, 0.03% on the next $2 billion and 0.02% on the balance over $3 billion annually. A combined minimum annual fee of up to $47,000 for custody, transfer agency, accounting and administrative services is assessed per Fund.
Thales Capital Partners L L C [Member]  
Fees paid for distribution and solicitation-related services to related party Thales receives a quarterly fee of the higher of $18,750 or 0.10% of new assets raised in referred accounts for distribution and solicitation-related services.
Thales Capital Partners L L C [Member] | Teucrium Corn Fund [Member]  
Fees paid for distribution and solicitation-related services to related party Thales receives a quarterly fee of the higher of $18,750 or 0.10% of new assets raised in referred accounts for distribution and solicitation-related services.
Thales Capital Partners L L C [Member] | Teucrium Soyabean Fund [Member]  
Fees paid for distribution and solicitation-related services to related party Thales is registered as a Broker-Dealer with the SEC and a member of FINRA and the Securities Investor Protection Corporation (“SIPC”). Thales receives a quarterly fee of the higher of $18,750 or 0.10% of new assets raised in referred accounts for distribution and solicitation-related services.
Thales Capital Partners L L C [Member] | Teucrium Sugar Fund [Member]  
Fees paid for distribution and solicitation-related services to related party Thales is registered as a Broker-Dealer with the SEC and a member of FINRA and the Securities Investor Protection Corporation (“SIPC”). Thales receives a quarterly fee of the higher of $18,750 or 0.10% of new assets raised in referred accounts for distribution and solicitation-related services.
Thales Capital Partners L L C [Member] | Teucrium Wheat Fund [Member]  
Fees paid for distribution and solicitation-related services to related party Thales is registered as a Broker-Dealer with the SEC and a member of FINRA and the Securities Investor Protection Corporation (“SIPC”). Thales receives a quarterly fee of the higher of $18,750 or 0.10% of new assets raised in referred accounts for distribution and solicitation-related services.
Thales Capital Partners L L C [Member] | Teucrium Agricultural Fund [Member]  
Fees paid for distribution and solicitation-related services to related party Thales is registered as a Broker-Dealer with the SEC and a member of FINRA and the Securities Investor Protection Corporation (“SIPC”). Thales receives a quarterly fee of the higher of $18,750 or 0.10% of new assets raised in referred accounts for distribution and solicitation-related services.
Wilmington Trust Company [Member]  
Annual fees received by Trustee $ 3,300
Wilmington Trust Company [Member] | Teucrium Corn Fund [Member]  
Annual fees received by Trustee 3,300
Wilmington Trust Company [Member] | Teucrium Soyabean Fund [Member]  
Annual fees received by Trustee 3,300
Wilmington Trust Company [Member] | Teucrium Sugar Fund [Member]  
Annual fees received by Trustee 3,300
Wilmington Trust Company [Member] | Teucrium Wheat Fund [Member]  
Annual fees received by Trustee 3,300
Wilmington Trust Company [Member] | Teucrium Agricultural Fund [Member]  
Annual fees received by Trustee $ 3,300
E D F Man [Member]  
Fees paid for United States commodity exchanges $9.00 per round turn
E D F Man [Member] | Teucrium Corn Fund [Member]  
Fees paid for United States commodity exchanges $9.00 per round turn
E D F Man [Member] | Teucrium Soyabean Fund [Member]  
Fees paid for United States commodity exchanges $9.00 per round turn
E D F Man [Member] | Teucrium Sugar Fund [Member]  
Fees to related party for services, Description $9.00 per round turn
E D F Man [Member] | Teucrium Wheat Fund [Member]  
Fees paid for United States commodity exchanges $9.00 per round turn
E D F Man [Member] | Teucrium Agricultural Fund [Member]  
Fees paid for United States commodity exchanges $9.00 per round turn
Distributor [Member] | Teucrium Corn Fund [Member] | Securities Activities And Service Agreement [Member]  
Fees to related party for services, Description For its services as the Distributor, Foreside receives a fee of 0.01% of each Fund’s average daily net assets and an aggregate annual fee of $100,000 for all Funds, along with certain expense reimbursements. For its services under the SASA, Foreside receives a fee of $5,000 per registered representative and $1,000 per registered location.
Distributor [Member] | Teucrium Soyabean Fund [Member] | Securities Activities And Service Agreement [Member]  
Fees to related party for services, Description For its services as the Distributor, Foreside receives a fee of 0.01% of each Fund’s average daily net assets and an aggregate annual fee of $100,000 for all Funds, along with certain expense reimbursements. For its services under the SASA, Foreside receives a fee of $5,000 per registered representative and $1,000 per registered location.
Distributor [Member] | Teucrium Sugar Fund [Member] | Securities Activities And Service Agreement [Member]  
Fees to related party for services, Description For its services as the Distributor, Foreside receives a fee of 0.01% of each Fund’s average daily net assets and an aggregate annual fee of $100,000 for all Funds, along with certain expense reimbursements. For its services under the SASA, Foreside receives a fee of $5,000 per registered representative and $1,000 per registered location.
Distributor [Member] | Teucrium Wheat Fund [Member] | Securities Activities And Service Agreement [Member]  
Fees to related party for services, Description For its services as the Distributor, Foreside receives a fee of 0.01% of each Fund’s average daily net assets and an aggregate annual fee of $100,000 for all Funds, along with certain expense reimbursements. For its services under the SASA, Foreside receives a fee of $5,000 per registered representative and $1,000 per registered location.
Distributor [Member] | Teucrium Agricultural Fund [Member] | Securities Activities And Service Agreement [Member]  
Fees to related party for services, Description For its services as the Distributor, Foreside receives a fee of 0.01% of each Fund’s average daily net assets and an aggregate annual fee of $100,000 for all Funds, along with certain expense reimbursements. For its services under the SASA, Foreside receives a fee of $5,000 per registered representative and $1,000 per registered location.