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Fair Value Measurements (Tables) (Teucrium Commodity Trust [Member])
 12 Months Ended
Dec. 31, 2012
Teucrium Commodity Trust [Member]
  
Schedule of Assets and Liabilities Measured at Fair Value

 

December 31, 2012

 

                Balance as of  
Assets:   Level 1   Level 2   Level 3   December 31, 2012  
Cash equivalents   $ 52,575,291     $ -     $ -     $ 52,575,291  
Commodity futures contracts                                
Natural gas futures contracts     9,550       -       -       9,550  
WTI crude oil futures contracts     44,872       -       -       44,872  
Soybean futures contracts     63,200       -       -       63,200  
Wheat futures contracts     15,762       -       -       15,762  
Total   $ 52,708,675     $ -     $ -     $ 52,708,675  

 

                Balance as of
Liabilities:   Level 1   Level 2   Level 3   December 31, 2012
Commodity futures contracts                                
Corn futures contracts   $ 2,213,775     $ -     $ -     $ 2,213,775  
Natural gas futures contracts     233,919       -       -       233,919  
WTI crude oil futures contracts     58,090       -       -       58,090  
Soybean futures contracts     284,575       -       -       284,575  
Sugar futures contracts     78,378       -       -       78,378  
Wheat futures contracts     206,850       -       -       206,850  
Total   $ 3,075,587     $ -     $ -     $ 3,075,587  

 

December 31, 2011

 

                Balance as of
Assets:   Level 1   Level 2   Level 3   December 31, 2011
Cash equivalents   $ 80,567,801       -       -     $ 80,567,801  
Commodity futures contracts                                
Corn futures contracts     1,928,408       -       -       1,928,408  
WTI crude oil futures contracts     116,142       -       -       116,142  
Soybean futures contracts     9,994       -       -       9,994  
Wheat futures contracts     71,170       -       -       71,170  
Total   $ 82,693,515     $ -     $ -     $ 82,693,515  

 

                Balance as of
Liabilities:   Level 1   Level 2   Level 3   December 31, 2011
Commodity futures contracts                                
Corn futures contracts   $ 2,711,523     $ -     $ -     $ 2,711,523  
Natural gas futures contracts     602,440       -       -       602,440  
WTI crude oil futures contracts     168       -       -       168  
Soybean futures contracts     164,663       -       -       164,663  

 

Sugar futures contracts     138,198       -       -       138,198  
Wheat futures contracts     141,468       -       -       141,468  
Total   $ 3,758,460     $ -     $ -     $ 3,758,460  
Schedule of Transfers by Fair Value Hierarchy

 

    Transfers     Transfers     Transfers     Transfers     Transfers     Transfers  
    into     out of     into     out of     into     out of  
    Level 1     Level 1     Level 2     Level 2     Level 3     Level 3  
Assets (at fair value)                                                
Derivative contracts                                                
Corn future contracts   $ 9,140,288     $ 9,140,288     $ 9,140,288     $ 9,140,288     $ -     $ -  

 

    Transfers     Transfers     Transfers     Transfers     Transfers     Transfers  
    into     out of     into     out of     into     out of  
    Level 1     Level 1     Level 2     Level 2     Level 3     Level 3  
Liabilities (at fair value)                                                
Derivative contracts                                                
Corn future contracts   $ 5,938,713     $ 5,938,713     $ 5,938,713     $ 5,938,713     $ -     $ -