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

 

 

Year Ended December 31,

2021

 

 

Year Ended December 31,

2020

 

 

Year Ended December 31,

2019

 

Amount Recognized for Custody Services

 

$363,000

 

 

$369,293

 

 

$351,514

 

Amount of Custody Services Waived

 

$120,850

 

 

$71,342

 

 

$24,397

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$186,531

 

 

$180,024

 

 

$161,317

 

Amount of Distribution Services Waived

 

$94,724

 

 

$68,140

 

 

$7,770

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$3,300

 

 

$3,300

 

 

$3,300

 

Amount of Wilmington Trust Waived

 

$991

 

 

$2,215

 

 

$243

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$297,222

 

 

$116,901

 

 

$-

 

Amount of Thales Waived

 

$153,198

 

 

$57,988

 

 

$-

 

Teucrium Sugar Fund [Member]  
Summary of expenses

 

 

Year Ended December 31, 2021

 

 

Year Ended December 31, 2020

 

 

Year Ended December 31, 2019

 

Amount Recognized for Custody Services

 

$18,782

 

 

$22,168

 

 

$29,935

 

Amount of Custody Services Waived

 

$9,186

 

 

$10,306

 

 

$9,410

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$10,036

 

 

$9,928

 

 

$13,940

 

Amount of Distribution Services Waived

 

$6,027

 

 

$6,200

 

 

$6,891

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$252

 

 

$139

 

 

$224

 

Amount of Wilmington Trust Waived

 

$252

 

 

$139

 

 

$224

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$14,554

 

 

$6,364

 

 

$-

 

Amount of Thales Waived

 

$9,114

 

 

$4,770

 

 

$-

 

Teucrium Wheat Fund [Member]  
Summary of expenses

 

 

Year Ended December 31, 2021

 

 

Year Ended December 31, 2020

 

 

Year Ended December 31, 2019

 

Amount Recognized for Custody Services

 

$74,742

 

 

$84,306

 

 

$96,947

 

Amount of Custody Services Waived

 

$14,267

 

 

$5,939

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$38,391

 

 

$39,577

 

 

$44,421

 

Amount of Distribution Services Waived

 

$20,120

 

 

$9,177

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$789

 

 

$565

 

 

$837

 

Amount of Wilmington Trust Waived

 

$-

 

 

$565

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$59,673

 

 

$24,841

 

 

$-

 

Amount of Thales Waived

 

$26,449

 

 

$8,462

 

 

$-

 

Teucrium Soybean Fund [Member]  
Summary of expenses

 

 

Year Ended December 31, 2020

 

 

Year Ended December 31, 2020

 

 

Year Ended December 31, 2019

 

Amount Recognized for Custody Services

 

$91,007

 

 

$86,875

 

 

$66,109

 

Amount of Custody Services Waived

 

$30,326

 

 

$667

 

 

$12,828

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$46,195

 

 

$43,517

 

 

$30,189

 

Amount of Distribution Services Waived

 

$24,812

 

 

$23,156

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$631

 

 

$1,073

 

 

$533

 

Amount of Wilmington Trust Waived

 

$631

 

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$78,988

 

 

$28,871

 

 

$-

 

Amount of Thales Waived

 

$31,340

 

 

$21,770

 

 

$-

 

Teucrium Corn Fund [Member]  
Summary of expenses

 

 

Year Ended December 31, 2021

 

 

Year Ended December 31, 2020

 

 

Year Ended December 31, 2019

 

Amount Recognized for Custody Services

 

$170,890

 

 

$174,070

 

 

$156,364

 

Amount of Custody Services Waived

 

$59,872

 

 

$52,728

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$88,049

 

 

$86,151

 

 

$71,723

 

Amount of Distribution Services Waived

 

$40,063

 

 

$28,816

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$1,520

 

 

$1,511

 

 

$1,688

 

Amount of Wilmington Trust Waived

 

$-

 

 

$1,511

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$138,657

 

 

$56,292

 

 

$-

 

Amount of Thales Waived

 

$80,945

 

 

$22,621

 

 

$-

 

Teucrium Agricultural Fund [Member]  
Summary of expenses

 

 

Year Ended December 31, 2021

 

 

Year Ended December 31, 2020

 

 

Year Ended December 31, 2019

 

Amount Recognized for Custody Services

 

$7,579

 

 

$1,874

 

 

$2,159

 

Amount of Custody Services Waived

 

$7,199

 

 

$1,702

 

 

$2,159

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Distribution Services

 

$3,860

 

 

$851

 

 

$1,045

 

Amount of Distribution Services Waived

 

$3,702

 

 

$790

 

 

$879

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Wilmington Trust

 

$108

 

 

$11

 

 

$18

 

Amount of Wilmington Trust Waived

 

$108

 

 

$-

 

 

$18

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Recognized for Thales

 

$5,350

 

 

$533

 

 

$301

 

Amount of Thales Waived

 

$5,350

 

 

$365

 

 

$261