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Fair Value Measurements (Tables) (Teucrium Soybean Fund [Member])
3 Months Ended
Mar. 31, 2013
Teucrium Soybean Fund [Member]
 
Schedule of Assets and Liabilities Measured at Fair Value

 

March 31, 2013                
                Balance as of
Assets:   Level 1   Level 2   Level 3   March 31, 2013
Cash equivalents   $ 6,175,074     $ -     $ -     $ 6,175,074  
Commodity futures contracts     4,075       -       -       4,075  
Total   $ 6,179,149     $ -     $ -     $ 6,179,149  
                 

 

              Balance as of
Liabilities:   Level 1   Level 2   Level 3   March 31, 2013
Commodity futures contracts   $ 78,550     $ 6,850     $ -     $ 85,400  
                                 
December 31, 2012                
                Balance as of
Assets:   Level 1   Level 2   Level 3   December 31, 2012
Cash equivalents   $ 6,169,205     $ -     $ -     $ 6,169,205  
Commodity futures contracts     63,200       -       -       63,200  
Total   $ 6,232,405     $ -     $ -     $ 6,232,405  
                                 
                              Balance as of  
Liabilities     Level 1       Level 2       Level 3       December 31, 2012  
Commodity futures contracts   $ 284,575     $ -     $ -     $ 284,575  

 

 

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  
Liabilities (at fair value)                                                
Derivative contracts                                                
Soybean future contracts   $ -     $ 6,850     $ 6,850     $ -     $ -     $ -