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COMBINED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Teucrium Commodity Trust - Combined [Member]        
Realized and unrealized gain (loss) on trading of commodity futures contracts        
Realized gain (loss) on commodity futures contracts $ (363,195) $ (11,187,329) $ (3,036,823) $ (13,175,344)
Net change in unrealized appreciation or depreciation on commodity futures contracts (13,715,137) (1,385,513) (1,084,644) (635,252)
Interest Income 489,124 207,383 1,229,246 483,009
Total income (loss) (13,589,208) (12,365,459) (2,892,221) (13,327,587)
Expenses        
Management fees 379,462 380,847 1,155,626 902,344
Professional fees 352,288 438,651 983,524 986,600
Distribution and marketing fees 715,384 721,439 1,912,998 1,690,002
Custodian fees and expenses 91,666 88,672 263,485 223,961
Business permits and licenses fees 19,849 28,854 77,862 72,322
General and administrative expenses 74,494 60,148 220,472 173,288
Brokerage commissions 44,377 30,802 121,696 82,213
Other expenses 23,979 27,362 67,375 67,982
Total expenses 1,701,499 1,776,775 4,803,038 4,198,712
Expenses waived by the Sponsor (284,299) (304,726) (545,764) (403,282)
Total expenses, net 1,417,200 1,472,049 4,257,274 3,795,430
Net income (loss) (15,006,408) (13,837,508) (7,149,495) (17,123,017)
Teucrium Corn Fund [Member]        
Realized and unrealized gain (loss) on trading of commodity futures contracts        
Realized gain (loss) on commodity futures contracts (1,616,988) (6,486,500) (2,064,200) (8,878,588)
Net change in unrealized appreciation or depreciation on commodity futures contracts (3,363,975) 937,100 (969,000) 1,188,163
Interest Income 217,130 109,115 549,003 273,344
Total income (loss) (4,763,833) (5,440,285) (2,484,197) (7,417,081)
Expenses        
Management fees 167,636 201,142 516,610 510,014
Professional fees 134,545 228,200 443,246 642,025
Distribution and marketing fees 317,813 354,406 914,110 908,656
Custodian fees and expenses 38,350 38,950 120,725 120,410
Business permits and licenses fees 5,911 4,250 22,140 11,850
General and administrative expenses 32,968 22,128 104,600 79,133
Brokerage commissions 22,225 16,775 64,450 49,375
Other expenses 10,224 12,252 31,085 30,312
Total expenses 729,672 878,103 2,216,966 2,351,775
Expenses waived by the Sponsor (95,836) (134,161) (264,656) (134,161)
Total expenses, net 633,836 743,942 1,952,310 2,217,614
Net income (loss) $ (5,397,669) $ (6,184,227) $ (4,436,507) $ (9,634,695)
Net income (loss) per share (in dollars per share) $ (1.49) $ (1.63) $ (1.17) $ (2.53)
Net income (loss) per weighted average share (in dollars per share) $ (1.48) $ (1.46) $ (1.21) $ (2.88)
Weighted average shares outstanding (in shares) 3,640,221 4,244,297 3,665,114 3,342,431
Teucrium Soybean Fund [Member]        
Realized and unrealized gain (loss) on trading of commodity futures contracts        
Realized gain (loss) on commodity futures contracts $ (24,025) $ 28,163 $ 7,475 $ 990,062
Net change in unrealized appreciation or depreciation on commodity futures contracts 241,863 (1,612,025) (210,300) (21,100)
Interest Income 39,234 16,996 96,402 44,291
Total income (loss) 257,072 (1,566,866) (106,423) 1,013,253
Expenses        
Management fees 30,157 31,398 90,382 83,216
Professional fees 39,502 77,033 106,251 96,954
Distribution and marketing fees 54,527 59,675 134,724 154,687
Custodian fees and expenses 7,908 7,291 18,479 19,231
Business permits and licenses fees 4,223 4,451 13,759 13,598
General and administrative expenses 6,515 7,453 17,354 21,856
Brokerage commissions 2,007   5,406 1,507
Other expenses 2,613 2,346 6,348 7,792
Total expenses 147,452 189,647 392,703 398,841
Expenses waived by the Sponsor (31,348) (63,113) (58,457) (63,113)
Total expenses, net 116,104 126,534 334,246 335,728
Net income (loss) $ 140,968 $ (1,693,400) $ (440,669) $ 677,525
Net income (loss) per share (in dollars per share) $ 0.23 $ (2.84) $ (0.75) $ 1.19
Net income (loss) per weighted average share (in dollars per share) $ 0.22 $ (2.58) $ (0.68) $ 1.15
Weighted average shares outstanding (in shares) 650,004 656,526 649,638 588,234
Teucrium Sugar Fund [Member]        
Realized and unrealized gain (loss) on trading of commodity futures contracts        
Realized gain (loss) on commodity futures contracts $ (678,070) $ 948,483 $ (2,266,185) $ 1,957,357
Net change in unrealized appreciation or depreciation on commodity futures contracts 532,963 (18,088) (57,994) 305,435
Interest Income 24,194 9,517 55,045 23,050
Total income (loss) (120,913) 939,912 (2,269,134) 2,285,842
Expenses        
Management fees 19,423 18,006 52,362 44,723
Professional fees 21,298 21,511 43,699 39,020
Distribution and marketing fees 40,751 28,782 86,949 91,874
Custodian fees and expenses 7,684 5,786 14,075 13,137
Business permits and licenses fees 4,786 6,136 12,677 12,697
General and administrative expenses 3,771 4,649 11,021 11,702
Brokerage commissions 2,765 2,826 6,615 6,498
Other expenses 2,007 1,220 3,723 4,619
Total expenses 102,485 88,916 231,121 224,270
Expenses waived by the Sponsor (45,186) (48,043) (83,550) (121,429)
Total expenses, net 57,299 40,873 147,571 102,841
Net income (loss) $ (178,212) $ 899,039 $ (2,416,705) $ 2,183,001
Net income (loss) per share (in dollars per share) $ (0.21) $ 1.73 $ (3.54) $ 4.63
Net income (loss) per weighted average share (in dollars per share) $ (0.23) $ 1.67 $ (3.75) $ 4.22
Weighted average shares outstanding (in shares) 784,515 538,319 644,235 517,887
Teucrium Wheat Fund [Member]        
Realized and unrealized gain (loss) on trading of commodity futures contracts        
Realized gain (loss) on commodity futures contracts $ 1,955,888 $ (5,677,475) $ 1,286,087 $ (7,244,175)
Net change in unrealized appreciation or depreciation on commodity futures contracts (11,125,988) (692,500) 152,650 (2,107,750)
Interest Income 208,562 71,752 528,785 142,314
Total income (loss) (8,961,538) (6,298,223) 1,967,522 (9,209,611)
Expenses        
Management fees 162,246 130,301 496,272 264,391
Professional fees 152,758 105,957 379,875 198,054
Distribution and marketing fees 299,770 274,281 765,439 521,490
Custodian fees and expenses 37,295 35,905 108,579 69,106
Business permits and licenses fees 4,929 13,996 17,154 22,041
General and administrative expenses 30,980 25,487 86,043 59,150
Brokerage commissions 17,380 11,201 45,225 24,610
Other expenses 9,007 11,378 25,746 24,817
Total expenses 714,365 608,506 1,924,333 1,183,659
Expenses waived by the Sponsor (105,942) (49,516) (105,942) (49,516)
Total expenses, net 608,423 558,990 1,818,391 1,134,143
Net income (loss) $ (9,569,961) $ (6,857,213) $ 149,131 $ (10,343,754)
Net income (loss) per share (in dollars per share) $ (1.27) $ (1.03) $ (0.32) $ (1.96)
Net income (loss) per weighted average share (in dollars per share) $ (1.04) $ (1.01) $ 0.02 $ (2.41)
Weighted average shares outstanding (in shares) 9,197,287 6,817,939 9,420,883 4,293,435
Teucrium Agricultural Fund [Member]        
Realized and unrealized gain (loss) on trading of commodity futures contracts        
Realized loss on securities $ (89,727) $ (14,208) $ (231,540) $ (55,766)
Net change in unrealized appreciation or depreciation on securities 13,272 (64,236) 96,403 91,476
Interest Income 4 3 11 10
Total income (loss) (76,451) (78,441) (135,126) 35,720
Expenses        
Professional fees 4,185 5,950 10,453 10,547
Distribution and marketing fees 2,523 4,295 11,776 13,295
Custodian fees and expenses 429 740 1,627 2,077
Business permits and licenses fees   21 12,132 12,136
General and administrative expenses 260 431 1,454 1,447
Brokerage commissions       223
Other expenses 128 166 473 442
Total expenses 7,525 11,603 37,915 40,167
Expenses waived by the Sponsor (5,987) (9,893) (33,159) (35,063)
Total expenses, net 1,538 1,710 4,756 5,104
Net income (loss) $ (77,989) $ (80,151) $ (139,882) $ 30,616
Net income (loss) per share (in dollars per share) $ (1.56) $ (1.60) $ (2.80) $ 0.61
Net income (loss) per weighted average share (in dollars per share) $ (1.56) $ (1.60) $ (2.80) $ 0.61
Weighted average shares outstanding (in shares) 50,002 50,002 50,002 50,002