Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2022

Teucrium Corn Fund [Member]

Schedule Of Fair Value Of Derivative Instruments

Offsetting of Financial Assets and Derivative Assets as of March 31, 2022
	(i)		(ii)		(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
							Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Assets		Gross Amount Offset in the Statement of Assets and Liabilities		Net Amount Presented in the Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due to Broker		Net Amount
Commodity Price
Corn futures contracts	$	25,830,881	$	-	$	25,830,881	$	-	$	2,987,964	$	22,842,917

Offsetting of Financial Assets and Derivative Assets as of December 31, 2021
	(i)		(ii)		(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
							Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Assets		Gross Amount Offset in the Statement of Assets and Liabilities		Net Amount Presented in the Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due to Broker		Net Amount
Commodity Price
Corn futures contracts	$	5,936,552	$	-	$	5,936,552	$	-	$	-	$	5,936,552

Summary Of Realized And Unrealized Gains (losses) Of The Derivative Instruments

Primary Underlying Risk	Realized Gain on Commodity Futures Contracts		Net Change in Unrealized Appreciation on Commodity Futures Contracts
Commodity Price
Corn futures contracts	$	16,568,982	$	19,894,329

Three months ended March 31, 2021

Primary Underlying Risk	Realized Gain on Commodity Futures Contracts		Net Change in Unrealized Appreciation on Commodity Futures Contracts
Commodity Price
Corn futures contracts	$	18,796,479	$	1,321,729

Teucrium Soybean Fund [Member]

Schedule Of Fair Value Of Derivative Instruments

Offsetting of Financial Assets and Derivative Assets as of March 31, 2022
	(i)		(ii)		(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
							Gross Amount Not Offset in the combined Statement of Assets and Liabilities
Description	Gross Amount of Recognized Assets		Gross Amount Offset in the combined Statement of Assets and Liabilities		Net Amount Presented in the combined  Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due to Broker		Net Amount
Commodity Price
Corn futures contracts	$	25,830,881	$	-	$	25,830,881	$	-	$	2,987,964	$	22,842,917
Soybean futures contracts	$	3,599,568	$	-	$	3,599,568	$	-	$	1,939,462	$	1,660,106
Sugar futures contracts	$	1,906,462	$	-	$	1,906,462	$	-	$	525,266	$	1,381,196

Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2022
	(i)		(ii)		(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
							Gross Amount Not Offset in the combined Statement of Assets and Liabilities
Description	Gross Amount of Recognized Liabilities		Gross Amount Offset in the combined Statement of Assets and Liabilities		Net Amount Presented in the combined Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due from Broker*		Net Amount
Commodity Price
Wheat futures contracts	$	33,791,659	$	-	$	33,791,659	$	-	$	33,791,659	$	-

Offsetting of Financial Assets and Derivative Assets as of December 31, 2021
	(i)		(ii)		(iii) = (i-ii)		(iv)		(v) = (iii)-(iv)
							Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Assets		Gross Amount Offset in the Statement of Assets and Liabilities		Net Amount Presented in the Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due to Broker		Net Amount
Commodity Price
Corn futures contracts	$	5,936,552	$	-	$	5,936,552	$	-	$	-	$	5,936,552
Soybean futures contracts	$	2,684,851	$	-	$	2,684,851	$	-	$	675,169	$	2,009,682
Sugar futures contracts	$	1,079,226	$	-	$	1,079,226	$	80,506	$	-	$	998,720
Wheat futures contracts	$	3,714,672	$	-	$	3,714,672	$	654,969	$	213,708	$	2,845,995

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2021
	(i)		(ii)		(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
							Gross Amount Not Offset in the Statement of Assets and Liabilities
Descriptionl	Gross Amount of Recognized Liabilities		Gross Amount Offset in the Statement of Assets and Liabilities		Net Amount Presented in the Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due from Broker*		Net Amount
Commodity Price
Sugar futures contracts	$	80,506	$	-	$	80,506	$	80,506	$	-	$	-
Wheat futures contracts	$	654,969	$	-	$	654,969	$	654,969	$	-	$	-

	(i)		(ii)		(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
							Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Assets		Gross Amount Offset in the Statement of Assets and Liabilities		Net Amount Presented in the Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due to Broker		Net Amount
Commodity Price
Soybean futures contracts	$	3,599,568	$	-	$	3,599,568	$	-	$	1,939,462	$	1,660,106

	(i)		(ii)		(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
							Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Assets		Gross Amount Offset in the Statement of Assets and Liabilities		Net Amount Presented in the Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due to Broker		Net Amount
Commodity Price
Soybean futures contracts	$	2,684,851	$	-	$	2,684,851	$	-	$	675,169	$	2,009,682

Teucrium Wheat Fund [Member]

Schedule Of Fair Value Of Derivative Instruments

	(i)		(ii)		(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
							Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Liabilities		Gross Amount Offset in the Statement of Assets and Liabilities		Net Amount Presented in the Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due from Broker*		Net Amount
Commodity Price
Wheat futures contracts	$	33,791,659	$	-	$	33,791,659	$	-	$	33,791,659	$	-

	(i)		(ii)	(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
						Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Assets		Gross Amount Offset in the Statement of Assets and Liabilities	Net Amount Presented in the Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due to Broker		Net Amount
Commodity Price
Wheat futures contracts	$	3,714,672		$	3,714,672	$	654,969	$	213,708	$	2,845,995

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2021

	(i)		(ii)		(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
							Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Liabilities		Gross Amount Offset in the Statement of Assets and Liabilities		Net Amount Presented in the Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due from Broker*		Net Amount
Commodity Price
Wheat futures contracts	$	654,969	$	-	$	654,969	$	654,969	$	-	$	-

Summary Of Realized And Unrealized Gains (losses) Of The Derivative Instruments

Primary Underlying Risk	Realized Gain on Commodity Futures Contracts		Net Change in Unrealized Depreciation on Commodity Futures Contracts
Commodity Price
Wheat futures contracts	$	38,006,567	$	(36,851,362	)

Three months ended March 31, 2021

Primary Underlying Risk	Realized Gain on Commodity Futures Contracts		Net Change in Unrealized Depreciation on Commodity Futures Contracts
Commodity Price
Wheat futures contracts	$	2,919,448	$	(5,055,673	)

Teucrium Sugar Fund [Member]

Schedule Of Fair Value Of Derivative Instruments

	(i)		(ii)		(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
							Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Assets		Gross Amount Offset in the Statement of Assets and Liabilities		Net Amount Presented in the Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due to Broker		Net Amount
Commodity Price
Sugar futures contracts	$	1,906,462	$	-	$	1,906,462	$	-	$	525,266	$	1,381,196

	(i)		(ii)		(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
							Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Assets		Gross Amount Offset in the Statement of Assets and Liabilities		Net Amount Presented in the Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due to Broker		Net Amount
Commodity Price
Sugar futures contracts	$	1,079,226	$	-	$	1,079,226	$	80,506	$	-	$	998,720

	(i)		(ii)		(iii) = (i-ii)		(iv)				(v) = (iii)-(iv)
							Gross Amount Not Offset in the Statement of Assets and Liabilities
Description	Gross Amount of Recognized Liabilities		Gross Amount Offset in the Statement of Assets and Liabilities		Net Amount Presented in the Statement of Assets and Liabilities		Futures Contracts Available for Offset		Collateral, Due from Broker*		Net Amount
Commodity Price
Sugar futures contracts	$	80,506	$	-	$	80,506	$	80,506	$	-	$	-

Summary Of Realized And Unrealized Gains (losses) Of The Derivative Instruments

Primary Underlying Risk	Realized Gain on Commodity Futures Contracts		Net Change in Unrealized Appreciation on Commodity Futures Contracts
Commodity Price
Sugar futures contracts	$	70,161	$	907,742

Primary Underlying Risk	Realized Gain on Commodity Futures Contracts		Net Change in Unrealized Depreciation on Commodity Futures Contracts
Commodity Price
Sugar futures contracts	$	1,253,480	$	(606,842	)

Teucrium Commodity Trust - Combined [Member]

Summary Of Realized And Unrealized Gains (losses) Of The Derivative Instruments

Three months ended March 31, 2022
Primary Underlying Risk	Realized Gain on Commodity Futures Contracts		Net Change in Unrealized Appreciation (Depreciation) on Commodity Futures Contracts
Commodity Price
Corn futures contracts	$	16,568,982	$	19,894,329
Soybean futures contracts		7,052,701		914,717
Sugar futures contracts		70,161		907,742
Wheat futures contracts		38,006,567		(36,851,362	)
Total commodity futures contracts	$	61,698,411	$	(15,134,574	)
Three months ended March 31, 2021
Primary Underlying Risk	Realized Gain on Commodity Futures Contracts		Net Change in Unrealized Appreciation (Depreciation) on Commodity Futures Contracts
Commodity Price
Corn futures contracts	$	18,796,479	$	1,321,729
Soybean futures contracts		18,154,458		(8,724,512	)
Sugar futures contracts		1,253,480		(606,842	)
Wheat futures contracts		2,919,448		(5,055,673	)
Total commodity futures contracts	$	41,123,865	$	(13,065,298	)

Primary Underlying Risk	Realized Gain on Commodity Futures Contracts		Net Change in Unrealized Appreciation on Commodity Futures Contracts
Commodity Price
Soybean futures contracts	$	7,052,701	$	914,717

Primary Underlying Risk	Realized Gain on Commodity Futures Contracts		Net Change in Unrealized Depreciation on Commodity Futures Contracts
Commodity Price
Soybean futures contracts	$	18,154,458	$	(8,724,512	)