XML 37 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
STATEMENTS OF ASSETS AND LIABILITIES - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Teucrium Commodity Trust - Combined [Member]    
Assets    
Cash and cash equivalents $ 252,211,943 $ 309,378,295
Interest receivable 16,982 16,982
Other assets 1,000 38
Capital shares receivable 0 307,830
Equity in trading accounts:    
Commodity futures contracts 13,415,301 42,424,697
Due from broker 613,126 0
Total equity in trading accounts 14,028,427 42,424,697
Total assets 266,258,352 352,127,842
Liabilities    
Management fee payable to Sponsor 227,779 264,709
Payable for purchases of commercial paper 0 9,995,298
Other liabilities 129,453 71,568
Payable for Shares redeemed 0 4,404,915
Due to broker 888,877 27,278,158
Commodity futures contracts liabilities 735,475 0
Total equity in trading accounts liabilities 1,624,352 27,278,158
Total liabilities 1,981,584 42,014,648
Net Assets 264,276,768 310,113,194
Cash equivalents 252,211,943 309,378,295
Teucrium Sugar Fund [Member]    
Assets    
Cash and cash equivalents 21,332,902 11,849,332
Interest receivable 1,444 904
Equity in trading accounts:    
Commodity futures contracts 1,079,226 1,407,703
Due from broker 535,983 0
Total equity in trading accounts 1,615,209 1,407,703
Total assets 22,949,555 13,257,939
Liabilities    
Management fee payable to Sponsor 19,490 10,292
Other liabilities 14,895 5,895
Due to broker 0 475,661
Commodity futures contracts liabilities 80,506 0
Total equity in trading accounts liabilities 80,506 475,661
Total liabilities 114,891 491,848
Net Assets $ 22,834,664 $ 12,766,091
Shares outstanding 2,475,004 1,900,004
Shares available 21,450,000 23,150,000
Net asset value per share $ 9.23 $ 6.72
Market value per share $ 9.20 $ 6.75
Cash equivalents $ 21,332,902 $ 11,849,332
Teucrium Wheat Fund [Member]    
Assets    
Cash and cash equivalents 72,841,616 68,946,725
Interest receivable 4,993 3,257
Other assets 970 0
Capital shares receivable 0 307,830
Equity in trading accounts:    
Commodity futures contracts 3,714,672 5,738,162
Total assets 76,562,251 74,995,974
Liabilities    
Management fee payable to Sponsor 67,745 60,902
Other liabilities 4,242 24,751
Payable for Shares redeemed 0 2,462,640
Due to broker 213,708 2,571,103
Commodity futures contracts liabilities 654,969 0
Total equity in trading accounts liabilities 868,677 2,571,103
Total liabilities 940,664 5,119,396
Net Assets $ 75,621,587 $ 69,876,578
Shares outstanding 10,250,004 11,350,004
Shares available 33,600,000 37,650,000
Net asset value per share $ 7.38 $ 6.16
Market value per share $ 7.39 $ 6.19
Cash equivalents $ 72,841,616 $ 68,946,725
Teucrium Soybean Fund [Member]    
Assets    
Cash and cash equivalents 43,019,884 90,398,391
Interest receivable 1,928 5,478
Other assets 0 37
Equity in trading accounts:    
Commodity futures contracts 2,684,851 15,124,226
Total assets 45,706,663 105,528,132
Liabilities    
Management fee payable to Sponsor 36,457 75,651
Payable for purchases of commercial paper 0 4,997,451
Other liabilities 22,412 18,602
Due to broker 675,169 11,257,566
Total liabilities 734,038 16,349,270
Net Assets $ 44,972,625 $ 89,178,862
Shares outstanding 1,975,004 4,575,004
Shares available 15,875,000 17,100,000
Net asset value per share $ 22.77 $ 19.49
Market value per share $ 22.75 $ 19.47
Cash equivalents $ 43,019,884 $ 90,398,391
Teucrium Corn Fund [Member]    
Assets    
Cash and cash equivalents 115,012,740 138,181,061
Interest receivable 8,614 7,343
Equity in trading accounts:    
Commodity futures contracts 5,936,552 20,154,606
Due from broker 77,143 0
Total equity in trading accounts 6,013,695 20,154,606
Total assets 121,035,049 158,343,010
Liabilities    
Management fee payable to Sponsor 104,087 117,864
Payable for purchases of commercial paper 0 4,997,847
Other liabilities 84,706 21,659
Payable for Shares redeemed 0 1,942,275
Due to broker 0 12,973,828
Total liabilities 188,793 20,053,473
Net Assets $ 120,846,256 $ 138,289,537
Shares outstanding 5,600,004 8,900,004
Net asset value per share $ 21.58 $ 15.54
Market value per share $ 21.54 $ 15.58
Shares authorized 22,425,000 27,450,000
Cash equivalents $ 115,012,740 $ 138,181,061
Teucrium Agriculture Fund [Member]    
Assets    
Interest receivable 3 0
Other assets 30 1
Equity in trading accounts:    
Total assets 14,182,853 1,585,049
Liabilities    
Other liabilities 3,198 661
Net Assets $ 14,179,655 $ 1,584,388
Shares outstanding 525,002 75,002
Net asset value per share $ 27.01 $ 21.12
Market value per share $ 26.94 $ 21.21
Shares authorized 4,075,000 4,612,500
Cash equivalents $ 4,801 $ 2,786
Investments in securities, at fair value (cost $12,799,498 and $1,586,899 as of December 31, 2021 and December 31, 2020, respectively) $ 14,178,019 $ 1,582,262