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STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Teucrium Commodity Trust - Combined    
Net income $ 70,860,443 $ 7,055,943
Net change in unrealized depreciation (appreciation) on commodity futures contracts 34,410,727 (14,297,584)
Due from broker (10,577,745) (4,127,995)
Interest receivable (1,602) (18,128)
Other assets 8 (10,018)
Payable for purchases of commercial paper (4,997,788) 9,999,526
Due to broker (26,931,492) (4,387,950)
Management fee payable to Sponsor (39,199) 112,348
Other liabilities 224,500 193,088
Net cash provided by operating activities 62,947,852 (4,823,380)
Proceeds from sale of Shares 135,013,323 279,799,802
Redemption of Shares (247,306,922) (97,927,779)
Net cash (used in) provided by financing activities (118,025,973) 181,426,529
Net change in cash and cash equivalents (55,078,121) 176,603,149
Cash and cash equivalents beginning of period 309,378,295 166,081,885
Cash and cash equivalents end of period 254,300,174 342,685,034
Net change in unrealized appreciation on commodity futures contracts 34,410,727 (14,297,584)
Net change in cost of the Underlying Funds (5,732,374) 211,896
Teucrium Wheat Fund [Member]    
Net income 11,227,466 34,588
Net change in unrealized depreciation (appreciation) on commodity futures contracts 1,199,756 957,071
Due from broker (919,985) (888,861)
Interest receivable (1,789) (3,592)
Other assets 0 4,209
Payable for purchases of commercial paper 2,498,755 0
Due to broker (2,571,103) (4,258,410)
Management fee payable to Sponsor (677) 7,099
Other liabilities 31,842 49,048
Net cash provided by operating activities 11,464,265 (4,098,848)
Proceeds from sale of Shares 22,495,503 16,405,790
Redemption of Shares (32,458,278) (5,089,221)
Net cash (used in) provided by financing activities (9,962,775) 11,316,569
Net change in cash and cash equivalents 1,501,490 7,217,721
Cash and cash equivalents beginning of period 68,946,725 51,467,643
Cash and cash equivalents end of period 70,448,215 58,685,364
Net change in unrealized appreciation on commodity futures contracts 1,199,756 957,071
Teucrium Soybean Fund [Member]    
Net income 12,334,380 7,790,248
Net change in unrealized depreciation (appreciation) on commodity futures contracts 15,794,481 (7,292,203)
Due from broker (3,451,445) 0
Interest receivable 2,243 (5,883)
Other assets 37 4,370
Payable for purchases of commercial paper (4,997,451) 4,999,763
Due to broker (11,257,566) 108,368
Management fee payable to Sponsor (30,230) 64,236
Other liabilities 32,840 27,879
Net cash provided by operating activities 8,427,289 5,696,778
Proceeds from sale of Shares 22,195,355 110,771,840
Redemption of Shares (76,423,890) (18,187,858)
Net cash (used in) provided by financing activities (54,228,535) 92,583,982
Net change in cash and cash equivalents (45,801,246) 98,280,760
Cash and cash equivalents beginning of period 90,398,391 27,874,691
Cash and cash equivalents end of period 44,597,145 126,155,451
Net change in unrealized appreciation on commodity futures contracts 15,794,481 (7,292,203)
Teucrium Sugar Fund [Member]    
Net income 6,397,079 (916,995)
Due from broker 0 (517,698)
Interest receivable (546) (1,228)
Other assets (30) (8,003)
Due to broker (128,995) (237,908)
Management fee payable to Sponsor 11,082 177
Other liabilities 15,719 27,374
Net cash provided by operating activities 5,447,358 (1,671,625)
Proceeds from sale of Shares 12,364,868 7,856,851
Redemption of Shares (5,460,028) (7,805,796)
Net cash (used in) provided by financing activities 6,904,840 51,055
Net change in cash and cash equivalents 12,352,198 (1,620,570)
Cash and cash equivalents beginning of period 11,849,332 12,215,795
Cash and cash equivalents end of period 24,201,530 10,595,225
Net change in unrealized appreciation on commodity futures contracts (846,951) (17,344)
Teucrium Corn Fund [Member]    
Net income 40,911,620 149,931
Net change in unrealized depreciation (appreciation) on commodity futures contracts 18,263,441 (7,945,108)
Due from broker (6,206,315) (2,721,436)
Interest receivable (1,510) (7,428)
Other assets 0 (10,422)
Payable for purchases of commercial paper (2,499,092) 4,999,763
Due to broker (12,973,828) 0
Management fee payable to Sponsor (19,374) 40,836
Other liabilities 139,564 88,350
Net cash provided by operating activities 37,614,506 (5,405,514)
Proceeds from sale of Shares 69,950,418 144,765,321
Redemption of Shares (130,697,455) (66,635,103)
Net cash (used in) provided by financing activities (60,747,037) 78,130,218
Net change in cash and cash equivalents (23,132,531) 72,724,704
Cash and cash equivalents beginning of period 138,181,061 74,521,123
Cash and cash equivalents end of period 115,048,530 147,245,827
Net change in unrealized appreciation on commodity futures contracts 18,263,441 (7,945,108)
Teucrium Agriculture Fund [Member]    
Net income 1,216,367 (115,875)
Interest receivable 0 3
Other assets 1 (172)
Other liabilities 4,535 437
Net cash provided by operating activities (5,737,940) 210,335
Proceeds from sale of Shares 8,007,179 0
Redemption of Shares (2,267,271) (209,801)
Net cash (used in) provided by financing activities 5,739,908 (209,801)
Net change in cash and cash equivalents 1,968 534
Cash and cash equivalents beginning of period 2,786 2,633
Cash and cash equivalents end of period 4,754 3,167
Net change in unrealized appreciation on securities (1,210,246) (218,253)
Net (purchase) sale of investments in securities $ (5,748,597) $ 544,195