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STATEMENTS OF OPERATIONS - USD ($) | 3 Months Ended
--- | ---
Mar. 31, 2019 | Mar. 31, 2018
Teucrium Commodity Trust - Combined [Member] |  |
Income |  |
Realized (loss) gain on commodity futures contracts | $ (4,606,081) | $ 2,224,911
Net change in unrealized (depreciation) appreciation on commodity futures contracts | (4,676,731) | 5,064,712
Interest income | 986,041 | 640,639
Total (loss) income | (8,296,771) | 7,930,262
Expenses |  |
Management fees | 366,662 | 382,582
Professional fees | 302,080 | 275,766
Distribution and marketing fees | 567,197 | 755,804
Custodian fees and expenses | 84,049 | 84,478
Business permits and licenses fees | 31,946 | 60,769
General and administrative expenses | 63,719 | 68,197
Brokerage commissions | 28,128 | 42,577
Other expenses | 7,899 | 33,291
Total expenses | 1,451,680 | 1,703,464
Expenses waived by the Sponsor | (134,117) | (262,298)
Total expenses, net | 1,317,563 | 1,441,166
Net (loss) income | (9,614,334) | 6,489,096
Teucrium Corn Fund [Member] |  |
Income |  |
Realized (loss) gain on commodity futures contracts | (905,724) | 1,238,962
Net change in unrealized (depreciation) appreciation on commodity futures contracts | (2,115,000) | 3,980,750
Interest income | 378,942 | 287,497
Total (loss) income | (2,641,782) | 5,507,209
Expenses |  |
Management fees | 140,122 | 169,851
Professional fees | 98,245 | 101,717
Distribution and marketing fees | 198,415 | 288,060
Custodian fees and expenses | 26,623 | 30,634
Business permits and licenses fees | 5,605 | 12,863
General and administrative expenses | 24,960 | 34,546
Brokerage commissions | 13,466 | 20,840
Other expenses | 2,802 | 12,372
Total expenses | 510,238 | 670,883
Expenses waived by the Sponsor | (5,639) | (40,682)
Total expenses, net | 504,599 | 630,201
Net (loss) income | $ (3,146,381) | $ 4,877,008
Net (loss) income per share | $ (0.89) | $ 1.24
Net (loss) income per weighted average share | $ (0.89) | $ 1.22
Weighted average shares outstanding | 3,542,782 | 3,990,560
Teucrium Soybean Fund [Member] |  |
Income |  |
Realized (loss) gain on commodity futures contracts | $ 33,638 | $ (77,600)
Net change in unrealized (depreciation) appreciation on commodity futures contracts | (504,875) | 882,538
Interest income | 167,991 | 49,814
Total (loss) income | (303,246) | 854,752
Expenses |  |
Management fees | 62,763 | 30,184
Professional fees | 60,706 | 31,108
Distribution and marketing fees | 120,196 | 118,926
Custodian fees and expenses | 26,636 | 11,499
Business permits and licenses fees | 4,393 | 10,088
General and administrative expenses | 10,670 | 6,882
Brokerage commissions | 2,116 | 2,538
Other expenses | 1,358 | 4,625
Total expenses | 288,838 | 215,850
Expenses waived by the Sponsor | (62,912) | (99,942)
Total expenses, net | 225,926 | 115,908
Net (loss) income | $ (529,172) | $ 738,844
Net (loss) income per share | $ (0.41) | $ 1.19
Net (loss) income per weighted average share | $ (0.34) | $ 1.12
Weighted average shares outstanding | 1,555,560 | 658,893
Teucrium Sugar Fund [Member] |  |
Income |  |
Realized (loss) gain on commodity futures contracts | $ 361,368 | $ (269,114)
Net change in unrealized (depreciation) appreciation on commodity futures contracts | 60,032 | (886,738)
Interest income | 66,622 | 27,917
Total (loss) income | 488,022 | (1,127,935)
Expenses |  |
Management fees | 26,133 | 17,510
Professional fees | 46,448 | 26,501
Distribution and marketing fees | 45,591 | 65,193
Custodian fees and expenses | 5,226 | 7,191
Business permits and licenses fees | 4,442 | 16,247
General and administrative expenses | 4,304 | 4,124
Brokerage commissions | 1,943 | 2,169
Other expenses | 950 | 3,039
Total expenses | 135,037 | 141,974
Expenses waived by the Sponsor | (41,482) | (80,690)
Total expenses, net | 93,555 | 61,284
Net (loss) income | $ 394,467 | $ (1,189,219)
Net (loss) income per share | $ 0.23 | $ (1.50)
Net (loss) income per weighted average share | $ 0.28 | $ (1.49)
Weighted average shares outstanding | 1,427,782 | 796,393
Teucrium Wheat Fund [Member] |  |
Income |  |
Realized (loss) gain on commodity futures contracts | $ (4,095,363) | $ 1,332,663
Net change in unrealized (depreciation) appreciation on commodity futures contracts | (2,116,888) | 1,088,162
Interest income | 372,469 | 275,403
Total (loss) income | (5,839,782) | 2,696,228
Expenses |  |
Management fees | 137,644 | 165,037
Professional fees | 93,678 | 115,357
Distribution and marketing fees | 196,907 | 279,396
Custodian fees and expenses | 24,776 | 34,595
Business permits and licenses fees | 5,506 | 9,571
General and administrative expenses | 23,399 | 22,102
Brokerage commissions | 10,603 | 17,030
Other expenses | 2,753 | 13,040
Total expenses | 495,266 | 656,128
Expenses waived by the Sponsor | (2,500) | (23,769)
Total expenses, net | 492,766 | 632,359
Net (loss) income | $ (6,332,548) | $ 2,063,869
Net (loss) income per share | $ (0.65) | $ .20
Net (loss) income per weighted average share | $ (0.65) | $ 0.19
Weighted average shares outstanding | 9,752,782 | 10,596,115
Teucrium Agricultural Fund [Member] |  |
Income |  |
Realized loss on securities | $ (7,537) | $ (82,218)
Net change in unrealized appreciation on securities | (53,036) | 85,654
Interest income | 17 | 8
Total (loss) income | (60,556) | 3,444
Expenses |  |
Professional fees | 3,003 | 1,083
Distribution and marketing fees | 6,088 | 4,229
Custodian fees and expenses | 788 | 559
Business permits and licenses fees | 12,000 | 12,000
General and administrative expenses | 386 | 543
Other expenses | 36 | 215
Total expenses | 22,301 | 18,629
Expenses waived by the Sponsor | (21,584) | (17,215)
Total expenses, net | 717 | 1,414
Net (loss) income | $ (61,273) | $ 2,030
Net (loss) income per share | $ (0.82) | $ 0.04
Net (loss) income per weighted average share | $ (0.82) | $ 0.04
Weighted average shares outstanding | 75,002 | 50,002

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