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Statements of Operations - Teucrium Soybean Fund - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Realized and unrealized gain (loss) on trading of commodity and cryptocurrency futures contracts:      
Realized (loss) gain on commodity and cryptocurrency futures contracts $ (43,176,670) $ 117,839,481 $ 25,091,898
Net change in unrealized (depreciation) appreciation on commodity and cryptocurrency futures contracts (33,905,514) (29,744,871) 35,293,415
Interest income 10,664,323 541,938 1,350,681
Total (loss) income (66,417,861) 88,636,548 61,735,994
Expenses      
Management fees 6,630,551 3,246,117 2,185,437
Professional fees 1,432,587 1,089,756 1,266,367
Distribution and marketing fees 4,075,048 3,281,450 2,826,548
Custodian fees and expenses 410,660 363,000 369,293
Business permits and licenses fees 157,326 123,465 213,173
General and administrative expenses 323,468 301,580 297,679
Total expenses 13,031,787 8,405,385 7,161,308
Expenses waived by the Sponsor (1,277,037) (2,183,856) (1,580,551)
Total expenses, net 11,754,750 6,221,529 5,580,757
Net (loss) income (78,172,611) 82,415,019 56,155,237
Teucrium Soybean Fund [Member]      
Realized and unrealized gain (loss) on trading of commodity and cryptocurrency futures contracts:      
Realized (loss) gain on commodity and cryptocurrency futures contracts 10,362,032 27,370,674 14,404,714
Net change in unrealized (depreciation) appreciation on commodity and cryptocurrency futures contracts (164,481) (12,439,375) 14,192,330
Interest income 1,141,422 124,186 261,834
Total (loss) income 11,338,973 15,055,485 28,858,878
Expenses      
Management fees 677,727 727,110 580,800
Professional fees 140,044 278,476 295,623
Distribution and marketing fees 379,076 802,965 675,392
Custodian fees and expenses 37,114 91,007 86,875
Business permits and licenses fees 21,062 25,359 52,067
General and administrative expenses 43,514 79,574 70,720
Total expenses 1,298,537 2,004,491 1,761,477
Expenses waived by the Sponsor (89,562) (576,014) (399,518)
Total expenses, net 1,208,975 1,428,477 1,361,959
Net (loss) income $ 10,129,998 $ 13,627,008 $ 27,496,919
Net gain per share (in dollars per share) $ 5.73 $ 3.28 $ 3.64
Net gain per weighted average share (in dollars per share) $ 4.03 $ 4.11 $ 7.37
Weighted average shares outstanding (in shares) 2,515,004 3,319,593 3,731,425