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Statements of Operations - Teucrium Corn 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 Corn Fund [Member]      
Realized and unrealized gain (loss) on trading of commodity and cryptocurrency futures contracts:      
Realized (loss) gain on commodity and cryptocurrency futures contracts 28,784,977 65,827,118 5,882,216
Net change in unrealized (depreciation) appreciation on commodity and cryptocurrency futures contracts (7,317,857) (14,218,054) 19,371,125
Interest income 3,437,856 258,156 603,571
Total (loss) income 24,904,976 51,867,220 25,856,912
Expenses      
Management fees 2,121,041 1,505,165 945,485
Professional fees 416,723 526,954 534,142
Distribution and marketing fees 1,197,419 1,569,853 1,347,461
Custodian fees and expenses 110,365 170,890 174,070
Business permits and licenses fees 34,477 29,157 78,930
General and administrative expenses 113,955 134,708 132,300
Other expenses 0 0 2,783
Total expenses 3,993,980 3,936,727 3,215,171
Expenses waived by the Sponsor (345,855) (1,060,261) (849,396)
Total expenses, net 3,648,125 2,876,466 2,365,775
Net (loss) income $ 21,256,851 $ 48,990,754 $ 23,491,137
Net gain per share (in dollars per share) $ 5.32 $ 6.04 $ 0.72
Net gain per weighted average share (in dollars per share) $ 2.66 $ 6.29 $ 3.28
Weighted average shares outstanding (in shares) 8,002,538 7,790,689 7,170,974