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Statements of Operations - Teucrium Sugar 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
Other expenses 2,147 17 2,811
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 Sugar Fund [Member]      
Realized and unrealized gain (loss) on trading of commodity and cryptocurrency futures contracts:      
Realized (loss) gain on commodity and cryptocurrency futures contracts (442,477) 6,223,228 (656,937)
Net change in unrealized (depreciation) appreciation on commodity and cryptocurrency futures contracts (172,519) (408,983) 1,060,274
Interest income 452,734 27,813 68,866
Total (loss) income (162,262) 5,842,058 472,203
Expenses      
Management fees 278,028 204,160 104,170
Professional fees 77,992 60,302 137,657
Distribution and marketing fees 168,266 177,047 158,618
Custodian fees and expenses 15,692 18,782 22,168
Business permits and licenses fees 28,238 26,423 41,840
General and administrative expenses 20,254 22,387 21,585
Other expenses 0 8 18
Total expenses 588,470 509,109 486,056
Expenses waived by the Sponsor (78,237) (134,294) (210,614)
Total expenses, net 510,233 374,815 275,442
Net (loss) income $ (672,495) $ 5,467,243 $ 196,761
Net gain per share (in dollars per share) $ 0.28 $ 2.51 $ (0.32)
Net gain per weighted average share (in dollars per share) $ (0.22) $ 2.28 $ 0.12
Weighted average shares outstanding (in shares) 2,995,004 2,396,442 1,676,917