Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2021

Teucrium Commodity Trust - Combined [Member]

Schedule of assets and liabilities measured at fair value

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2021
Cash Equivalents	$	152,949,199	$	-	$	-	$	152,949,199
Commodity Futures Contracts
Corn futures contracts		5,936,552		-		-		5,936,552
Soybean futures contracts		2,684,851		-		-		2,684,851
Sugar futures contracts		1,079,226		-		-		1,079,226
Wheat futures contracts		3,714,672		-		-		3,714,672
Total	$	166,364,500	$	-	$	-	$	166,364,500
Liabilities:	Level 1		Level 2		Level 3		Balance as of December 31, 2021
Commodity Futures Contracts
Sugar futures contracts		80,506		-		-		80,506
Wheat futures contracts		654,969		-		-		654,969
Total	$	735,475	$	-	$	-	$	735,475

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2020
Cash Equivalents	$	213,568,884	$	-	$	-	$	213,568,884
Commodity Futures Contracts
Corn futures contracts		20,154,606		-		-		20,154,606
Soybean futures contracts		15,124,226		-		-		15,124,226
Sugar futures contracts		1,407,703		-		-		1,407,703
Wheat futures contracts		5,738,162		-		-		5,738,162
Total	$	255,993,581	$	-	$	-	$	255,993,581

Teucrium Sugar Fund [Member]

Schedule of assets and liabilities measured at fair value

December 31, 2021

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2021
Cash Equivalents	$	12,316,423	$	-	$	-	$	12,316,423
Sugar Futures Contracts		1,079,226		-		-		1,079,226
Total	$	13,395,649	$	-	$	-	$	13,395,649
Liabilities:	Level 1		Level 2		Level 3		Balance as of December 31, 2021
Sugar Futures Contracts	$	80,506	$	-	$	-	$	80,506

December 31, 2020

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2020
Cash Equivalents	$	6,652,192	$	-	$	-	$	6,652,192
Sugar Futures Contracts		1,407,703		-		-		1,407,703
Total	$	8,059,895	$	-	$	-	$	8,059,895

Teucrium Wheat Fund [Member]

Schedule of assets and liabilities measured at fair value

December 31, 2021

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2021
Cash Equivalents	$	42,777,585	$	-	$	-	$	42,777,585
Wheat Futures contracts		3,714,672		-		-		3,714,672
Total	$	46,492,257	$	-	$	-	$	46,492,257
Liabilities:	Level 1		Level 2		Level 3		Balance as of December 31, 2021
Wheat Futures contracts	$	654,969	$	-	$	-	$	654,969

December 31, 2020

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2020
Cash Equivalents	$	51,216,159	$	-	$	-	$	51,216,159
Wheat Futures contracts		5,738,162		-		-		5,738,162
Total	$	56,954,321	$	-	$	-	$	56,954,321

Teucrium Soybean Fund [Member]

Schedule of assets and liabilities measured at fair value

December 31, 2021

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2021
Cash Equivalents	$	32,959,947	$	-	$	-	$	32,959,947
Soybean futures contracts		2,684,851		-		-		2,684,851
Total	$	35,644,798	$	-	$	-	$	35,644,798

December 31, 2020

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2020
Cash Equivalents	$	57,726,894	$	-	$	-	$	57,726,894
Soybean futures contracts		15,124,226		-		-		15,124,226
Total	$	72,851,120	$	-	$	-	$	72,851,120

Teucrium Corn Fund [Member]

Schedule of assets and liabilities measured at fair value

December 31, 2021

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2021
Cash Equivalents	$	64,890,443	$	-	$	-	$	64,890,443
Corn Futures Contracts		5,936,552		-		-		5,936,552
Total	$	70,826,995	$	-	$	-	$	70,826,995

December 31, 2020

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2020
Cash Equivalents	$	97,970,853	$	-	$	-	$	97,970,853
Corn Futures Contracts		20,154,606		-		-		20,154,606
Total	$	118,125,459	$	-	$	-	$	118,125,459

Teucrium Agricultural Fund [Member]

Schedule of assets and liabilities measured at fair value

December 31, 2021

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2021
Exchange Traded Funds	$	14,178,019	$	-	$	-	$	14,178,019
Cash Equivalents		4,801		-		-		4,801
Total	$	14,182,820	$	-	$	-	$	14,182,820

December 31, 2020

Assets:	Level 1		Level 2		Level 3		Balance as of December 31, 2020
Exchange Traded Funds	$	1,582,262	$	-	$	-	$	1,582,262
Cash Equivalents		2,786		-		-		2,786
Total	$	1,585,048	$	-	$	-	$	1,585,048