Schedule of Investments - Teucrium Agricultural Fund

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Investment Holdings, Schedule of Investments [Text Block]

COMBINED SCHEDULE OF INVESTMENTS

December 31, 2022

								Percentage of
Description: Assets	Yield			Cost		Fair Value		Net Assets			Shares
Cash equivalents
Money market funds
First American Government Obligations Fund - Class X		4.105	%	$	28,382,122	$	28,382,122		6.10	%		28,382,122
Goldman Sachs Financial Square Government Fund - Institutional Class		4.140	%		160,258,295		160,258,295		34.44			160,258,295
Total money market funds				$	188,640,417	$	188,640,417		40.54	%

	Maturity								Percentage of			Principal
	Date	Yield			Cost		Fair Value		Net Assets			Amount
Commercial Paper
American Electric Power Company, Inc.	January 17, 2023		4.565	%	$	4,968,750	$	4,990,000		1.07	%		5,000,000
Brookfield Infrastructure Holdings (Canada) Inc.	January 17, 2023		4.742	%		14,877,488		14,968,886		3.22			15,000,000
Brookfield Infrastructure Holdings (Canada) Inc.	January 17, 2023		4.734	%		4,959,225		4,989,644		1.07			5,000,000
CNH Industrial Capital LLC	January 23, 2023		4.566	%		9,935,000		9,972,500		2.14			10,000,000
CNH Industrial Capital LLC	February 13, 2023		4.780	%		9,899,472		9,943,862		2.14			10,000,000
Crown Castle Inc.	January 10, 2023		4.877	%		7,443,000		7,491,000		1.61			7,500,000
Crown Castle Inc.	January 12, 2023		4.765	%		12,449,410		12,482,050		2.68			12,500,000
Entergy Corporation	January 4, 2023		4.311	%		9,926,808		9,996,460		2.15			10,000,000
General Motors Financial Company, Inc.	January 10, 2023		4.276	%		12,400,060		12,486,207		2.68			12,500,000
General Motors Financial Company, Inc.	January 18, 2023		4.473	%		7,418,417		7,484,417		1.61			7,500,000
Glencore Funding LLC	January 10, 2023		4.506	%		9,934,607		9,988,895		2.15			10,000,000
Glencore Funding LLC	January 13, 2023		4.526	%		5,461,843		5,491,823		1.18			5,500,000
Harley-Davidson Financial Services, Inc.	January 3, 2023		4.721	%		5,263,032		5,298,631		1.14			5,300,000
Harley-Davidson Financial Services, Inc.	January 25, 2023		4.944	%		7,458,402		7,475,650		1.61			7,500,000
Harley-Davidson Financial Services, Inc.	February 2, 2023		5.104	%		4,959,561		4,977,688		1.07			5,000,000
Humana Inc.	January 9, 2023		4.670	%		7,448,250		7,492,333		1.61			7,500,000
Hyundai Capital America	January 10, 2023		4.000	%		9,903,645		9,990,145		2.15			10,000,000
ITT Inc.	January 19, 2023		4.475	%		4,965,088		4,988,975		1.07			5,000,000
Jabil Inc.	January 13, 2023		5.073	%		4,980,555		4,991,667		1.07			5,000,000
Oracle Corporation	January 5, 2023		4.358	%		4,973,125		4,997,611		1.07			5,000,000
Oracle Corporation	January 17, 2023		4.361	%		9,931,919		9,980,889		2.14			10,000,000
V.F. Corporation	January 17, 2023		4.364	%		4,959,390		4,990,444		1.07			5,000,000
V.F. Corporation	February 2, 2023		4.669	%		6,456,811		6,473,422		1.39			6,500,000
VW Credit, Inc.	January 19, 2023		4.434	%		7,448,106		7,483,613		1.61			7,500,000
Walgreens Boots Alliance, Inc.	February 13, 2023		4.842	%		4,970,188		4,971,512		1.07			5,000,000
Walgreens Boots Alliance, Inc.	February 28, 2023		4.827	%		4,959,098		4,961,736		1.07			5,000,000
Total Commercial Paper					$	198,351,250	$	199,360,060		42.84	%
Total Cash Equivalents							$	388,000,477		83.37	%

	Number of				Percentage of			Notional Amount
	Contracts		Fair Value		Net Assets			(Long Exposure)
Commodity and Cryptocurrency futures contracts
United States corn futures contracts
CBOT corn futures JUL23		1,363	$	1,585,798		0.34	%	$	45,779,763
United States soybean futures contracts
CBOT soybean futures MAR23		268		642,912		0.14			20,421,600
CBOT soybean futures MAY23		229		807,218		0.17			17,518,500
CBOT soybean futures NOV23		289		1,070,240		0.23			20,472,038
United States sugar futures contracts
ICE sugar futures MAY23		401		356,963		0.08			8,407,526
ICE sugar futures JUL23		362		554,366		0.12			7,289,811
United States wheat futures contracts
CBOT wheat futures JUL23		1,711		3,160,732		0.68			68,696,650
United States CME Bitcoin futures contracts
CME Bitcoin futures JAN23		6		24,979		0.01			496,050
CME Bitcoin futures FEB23		7		4,173		0.00			575,575
Total commodity and cryptocurrency futures contracts			$	8,207,381		1.77	%	$	189,657,513

	Number of				Percentage of			Notional Amount
Description: Liabilities	Contracts		Fair Value		Net Assets			(Long Exposure)
Commodity and Cryptocurrency futures contracts
United States corn futures contracts
CBOT corn futures MAY23		1,575	$	751,309		0.16	%	$	53,392,500
CBOT corn futures DEC23		1,750		2,215,794		0.48			53,440,625
United States sugar futures contracts
ICE sugar futures MAR24		427		85,128		0.02			8,565,278
United States wheat futures contracts
CBOT wheat futures MAY23		2,005		7,079,231		1.52			80,074,688
CBOT wheat futures DEC23		1,956		19,301,607		4.15			80,220,450
Total commodity and cryptocurrency futures contracts			$	29,433,069		6.33	%	$	275,693,541

					Percentage of
Exchange-traded funds*	Cost		Fair Value		Net Assets			Shares
Teucrium Corn Fund			$	9,885,980		2.12	%		367,555
Teucrium Soybean Fund				9,921,042		2.13			348,075
Teucrium Sugar Fund				9,745,653		2.09			1,024,284
Teucrium Wheat Fund				10,020,023		2.15			1,254,840
Total exchange-traded funds	$	39,425,287	$	39,572,698		8.49	%

*The Trust eliminates the shares owned by the Teucrium Agricultural Fund from its combined statements of assets and liabilities due to the fact that these represent holdings of the Underlying Funds owned by the Teucrium Agricultural Fund, which are included as shares outstanding of the Underlying Funds.

The accompanying notes are an integral part of these financial statements.

TEUCRIUM COMMODITY TRUST

COMBINED SCHEDULE OF INVESTMENTS

December 31, 2021

								Percentage of
Description: Assets	Yield			Cost		Fair Value		Net Assets			Shares
Cash equivalents
Money market funds
First American Government Obligations Fund - Class X		0.026	%	$	30,443,449	$	30,443,449		11.52	%		30,443,449
Goldman Sachs Financial Square Government Fund - Institutional Class		0.030	%		2,525,384		2,525,384		0.96			2,525,384
Total money market funds				$	32,968,833	$	32,968,833		12.48	%

	Maturity								Percentage of			Principal
	Date	Yield			Cost		Fair Value		Net Assets			Amount
Commercial Paper
Albemarle Corporation	January 31, 2022		0.181	%	$	9,996,324	$	9,998,489		3.78	%		10,000,000
Albemarle Corporation	January 11, 2022		0.200	%		4,998,834		4,999,722		1.89			5,000,000
Brookfield Infrastructure Holdings (Canada) Inc.	January 25, 2022		0.170	%		2,499,021		2,499,717		0.95			2,500,000
Conagra Brands, Inc.	January 5, 2022		0.160	%		7,497,300		7,499,867		2.84			7,500,000
Conagra Brands, Inc.	January 18, 2022		0.150	%		4,998,710		4,999,646		1.89			5,000,000
General Motors Financial Company, Inc.	January 6, 2022		0.160	%		4,998,000		4,999,889		1.89			5,000,000
General Motors Financial Company, Inc.	January 31, 2022		0.200	%		9,995,111		9,998,333		3.78			10,000,000
General Motors Financial Company, Inc.	January 3, 2022		0.160	%		4,998,800		4,999,956		1.89			5,000,000
Harley-Davidson Financial Services, Inc.	January 13, 2022		0.167	%		9,996,061		9,999,444		3.78			10,000,000
Harley-Davidson Financial Services, Inc.	February 1, 2022		0.170	%		4,997,876		4,999,268		1.89			5,000,000
Harley-Davidson Financial Services, Inc.	March 2, 2022		0.250	%		4,997,328		4,997,918		1.89			5,000,000
Humana Inc.	January 7, 2022		0.140	%		4,998,425		4,999,883		1.89			5,000,000
Jabil Inc.	January 20, 2022		0.250	%		2,499,219		2,499,670		0.95			2,500,000
Jabil Inc.	February 8, 2022		0.300	%		7,496,063		7,497,625		2.84			7,500,000
Jabil Inc.	February 25, 2022		0.310	%		4,996,900		4,997,632		1.89			5,000,000
Viatris Inc.	February 11, 2022		0.250	%		4,997,466		4,998,577		1.89			5,000,000
Viatris Inc.	February 11, 2022		0.300	%		4,996,625		4,998,292		1.89			5,000,000
Viatris Inc.	March 1, 2022		0.310	%		4,996,986		4,997,460		1.89			5,000,000
Viatris Inc.	January 21, 2022		0.200	%		4,998,584		4,999,444		1.89			5,000,000
WGL Holdings, Inc.	January 12, 2022		0.220	%		4,998,686		4,999,664		1.89			5,000,000
WGL Holdings, Inc.	January 6, 2022		0.187	%		4,998,700		4,999,870		1.89			5,000,000
Total Commercial Paper					$	119,951,019	$	119,980,366		45.38	%
Total Cash Equivalents							$	152,949,199		57.86	%

	Number of				Percentage of			Notional Amount
	Contracts		Fair Value		Net Assets			(Long Exposure)
Commodity futures contracts
United States corn futures contracts
CBOT corn futures MAY22		1,418	$	3,767,282		1.43	%	$	42,185,500
CBOT corn futures JUL22		1,218		196,244		0.07			36,144,150
CBOT corn futures DEC22		1,558		1,973,026		0.75			42,533,400
United States soybean futures contracts
CBOT soybean futures MAR22		234		591,547		0.22			15,669,225
CBOT soybean futures MAY22		199		1,008,504		0.38			13,422,550
CBOT soybean futures NOV22		250		1,084,800		0.41			15,865,625
United States sugar futures contracts
ICE sugar futures MAY22		381		225,299		0.09			7,936,992
ICE sugar futures MAR23		392		853,927		0.32			8,091,507
United States wheat futures contracts
CBOT wheat futures MAY22		687		1,809,796		0.68			26,595,488
CBOT wheat futures DEC22		686		1,904,876		0.72			26,411,000
Total commodity futures contracts			$	13,415,301		5.07	%	$	234,855,437

	Number of				Percentage of			Notional Amount
Description: Liabilities	Contracts		Fair Value		Net Assets			(Long Exposure)
Commodity futures contracts
United States sugar futures contracts
ICE sugar futures JUL22		331	$	80,506		0.03	%	$	6,817,541
United States wheat futures contracts
CBOT wheat futures JUL22		593		654,969		0.25			22,667,425
Total commodity futures contracts			$	735,475		0.28	%	$	29,484,966

					Percentage of
Exchange-traded funds*	Cost		Fair Value		Net Assets			Shares
Teucrium Corn Fund			$	3,537,560		1.34	%		163,930
Teucrium Soybean Fund				3,538,006		1.34			155,374
Teucrium Sugar Fund				3,591,878		1.36			389,317
Teucrium Wheat Fund				3,510,575		1.33			475,836
Total exchange-traded funds	$	12,799,498	$	14,178,019		5.37	%

*The Trust eliminates the shares owned by the Teucrium Agricultural Fund from its combined statements of assets and liabilities due to the fact that these represent holdings of the Underlying Funds owned by the Teucrium Agricultural Fund, which are included as shares outstanding of the Underlying Funds.

The accompanying notes are an integral part of these financial statements.

Teucrium Agricultural Fund [Member]

Notes to Financial Statements

Investment Holdings, Schedule of Investments [Text Block]

SCHEDULE OF INVESTMENTS

December 31, 2022

								Percentage of
Description: Assets	Yield			Cost		Fair Value		Net Assets			Shares
Exchange-traded funds
Teucrium Corn Fund						$	9,885,980		24.97	%		367,555
Teucrium Soybean Fund							9,921,042		25.07			348,075
Teucrium Sugar Fund							9,745,653		24.63			1,024,284
Teucrium Wheat Fund							10,020,023		25.32			1,254,840
Total exchange-traded funds				$	39,425,287	$	39,572,698		99.99	%
Cash equivalents
Money market funds
First American Government Obligations Fund - Class X		4.105	%	$	4,716	$	4,716		0.01	%		4,716

The accompanying notes are an integral part of these financial statements.

TEUCRIUM AGRICULTURAL FUND

SCHEDULE OF INVESTMENTS

December 31, 2021

								Percentage of
Description: Assets	Yield			Cost		Fair Value		Net Assets			Shares
Exchange-traded funds
Teucrium Corn Fund						$	3,537,560		24.95	%		163,930
Teucrium Soybean Fund							3,538,006		24.96			155,374
Teucrium Sugar Fund							3,591,878		25.33			389,317
Teucrium Wheat Fund							3,510,575		24.76			475,836
Total exchange-traded funds				$	12,799,498	$	14,178,019		100.00	%
Cash equivalents
Money market funds
First American Government Obligations Fund - Class X		0.026	%	$	4,801	$	4,801		0.03	%		4,801

The accompanying notes are an integral part of these financial statements.