XML 64 R33.htm IDEA: XBRL DOCUMENT v3.19.1

Derivative Instruments and Hedging Activities (Details) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Teucrium Commodity Trust - Combined [Member]
Derivative assets	$ 917,949	$ 569,742
Derivative liabilities	10,394,532	5,369,594
Teucrium Commodity Trust - Combined [Member] | Corn Futures Contracts [Member]
Derivative assets		0
Derivative liabilities	0	0
Teucrium Commodity Trust - Combined [Member] | Soybean Futures Contracts [Member]
Derivative assets	0	189,150
Derivative liabilities	0	0
Teucrium Commodity Trust - Combined [Member] | Sugar Futures Contracts [Member]
Derivative assets	168,515	186,323
Derivative liabilities	0	0
Teucrium Commodity Trust - Combined [Member] | Wheat Futures Contracts [Member]
Derivative assets	0
Derivative liabilities	116,028	0
Teucrium Commodity Trust - Combined [Member] | Gross Amount Of Recognized Assets Or Liabilities [Member] | Corn Futures Contracts [Member]
Derivative assets		107,363
Derivative liabilities	3,304,925	1,297,288
Teucrium Commodity Trust - Combined [Member] | Gross Amount Of Recognized Assets Or Liabilities [Member] | Soybean Futures Contracts [Member]
Derivative assets	68,413	228,400
Derivative liabilities	384,138	39,250
Teucrium Commodity Trust - Combined [Member] | Gross Amount Of Recognized Assets Or Liabilities [Member] | Sugar Futures Contracts [Member]
Derivative assets	392,649	233,979
Derivative liabilities	146,294	47,656
Teucrium Commodity Trust - Combined [Member] | Gross Amount Of Recognized Assets Or Liabilities [Member] | Wheat Futures Contracts [Member]
Derivative assets	456,887
Derivative liabilities	6,559,175	3,985,400
Teucrium Commodity Trust - Combined [Member] | Gross Amount Offset In The Statement Of Assets And Liabilities [Member] | Corn Futures Contracts [Member]
Derivative assets		0
Derivative liabilities	0	0
Teucrium Commodity Trust - Combined [Member] | Gross Amount Offset In The Statement Of Assets And Liabilities [Member] | Soybean Futures Contracts [Member]
Derivative assets	0	0
Derivative liabilities	0	0
Teucrium Commodity Trust - Combined [Member] | Gross Amount Offset In The Statement Of Assets And Liabilities [Member] | Sugar Futures Contracts [Member]
Derivative assets	0	0
Derivative liabilities	0	0
Teucrium Commodity Trust - Combined [Member] | Gross Amount Offset In The Statement Of Assets And Liabilities [Member] | Wheat Futures Contracts [Member]
Derivative assets	0
Derivative liabilities	0	0
Teucrium Commodity Trust - Combined [Member] | Net Amount Presented In the Statement Of Assets And Liabilities [Member] | Corn Futures Contracts [Member]
Derivative assets		107,363
Derivative liabilities	3,304,925	1,297,288
Teucrium Commodity Trust - Combined [Member] | Net Amount Presented In the Statement Of Assets And Liabilities [Member] | Soybean Futures Contracts [Member]
Derivative assets	68,413	228,400
Derivative liabilities	384,138	39,250
Teucrium Commodity Trust - Combined [Member] | Net Amount Presented In the Statement Of Assets And Liabilities [Member] | Sugar Futures Contracts [Member]
Derivative assets	392,649	233,979
Derivative liabilities	146,294	47,656
Teucrium Commodity Trust - Combined [Member] | Net Amount Presented In the Statement Of Assets And Liabilities [Member] | Wheat Futures Contracts [Member]
Derivative assets	456,887
Derivative liabilities	6,559,175	3,985,400
Teucrium Commodity Trust - Combined [Member] | Futures Contracts Available for Offset [Member] | Corn Futures Contracts [Member]
Derivative assets		107,363
Derivative liabilities	0	107,363
Teucrium Commodity Trust - Combined [Member] | Futures Contracts Available for Offset [Member] | Soybean Futures Contracts [Member]
Derivative assets	68,413	39,250
Derivative liabilities	68,413	39,250
Teucrium Commodity Trust - Combined [Member] | Futures Contracts Available for Offset [Member] | Sugar Futures Contracts [Member]
Derivative assets	146,294	47,656
Derivative liabilities	146,294	47,656
Teucrium Commodity Trust - Combined [Member] | Futures Contracts Available for Offset [Member] | Wheat Futures Contracts [Member]
Derivative assets	456,887
Derivative liabilities	456,887	0
Teucrium Commodity Trust - Combined [Member] | Collateral, Due To Broker [Member] | Corn Futures Contracts [Member]
Derivative assets		0
Derivative liabilities	3,304,925	1,189,925
Teucrium Commodity Trust - Combined [Member] | Collateral, Due To Broker [Member] | Soybean Futures Contracts [Member]
Derivative assets	0	0
Derivative liabilities	315,725	0
Teucrium Commodity Trust - Combined [Member] | Collateral, Due To Broker [Member] | Sugar Futures Contracts [Member]
Derivative assets	77,840	0
Derivative liabilities	0	0
Teucrium Commodity Trust - Combined [Member] | Collateral, Due To Broker [Member] | Wheat Futures Contracts [Member]
Derivative assets	0
Derivative liabilities	5,986,260	3,985,400
Teucrium Corn Fund [Member]
Derivative assets	0	107,363
Derivative liabilities	3,304,925	1,297,288
Teucrium Corn Fund [Member] | Corn Futures Contracts [Member]
Derivative assets		0
Derivative liabilities	0	0
Teucrium Corn Fund [Member] | Gross Amount Of Recognized Assets Or Liabilities [Member] | Corn Futures Contracts [Member]
Derivative assets		107,363
Derivative liabilities	3,304,925	1,297,288
Teucrium Corn Fund [Member] | Gross Amount Offset In The Statement Of Assets And Liabilities [Member] | Corn Futures Contracts [Member]
Derivative assets		0
Derivative liabilities	0	0
Teucrium Corn Fund [Member] | Net Amount Presented In the Statement Of Assets And Liabilities [Member] | Corn Futures Contracts [Member]
Derivative assets		107,363
Derivative liabilities	3,304,925	1,297,288
Teucrium Corn Fund [Member] | Futures Contracts Available for Offset [Member] | Corn Futures Contracts [Member]
Derivative assets		107,363
Derivative liabilities	0	107,363
Teucrium Corn Fund [Member] | Collateral, Due To Broker [Member] | Corn Futures Contracts [Member]
Derivative assets		0
Derivative liabilities	3,304,925	1,189,925
Teucrium Soybean Fund [Member]
Derivative assets	68,413	228,400
Derivative liabilities	384,138	39,250
Teucrium Soybean Fund [Member] | Soybean Futures Contracts [Member]
Derivative assets	0	189,150
Derivative liabilities	0	0
Teucrium Soybean Fund [Member] | Gross Amount Of Recognized Assets Or Liabilities [Member] | Soybean Futures Contracts [Member]
Derivative assets	68,413	228,400
Derivative liabilities	384,138	39,250
Teucrium Soybean Fund [Member] | Gross Amount Offset In The Statement Of Assets And Liabilities [Member] | Soybean Futures Contracts [Member]
Derivative assets	0	0
Derivative liabilities	0	0
Teucrium Soybean Fund [Member] | Net Amount Presented In the Statement Of Assets And Liabilities [Member] | Soybean Futures Contracts [Member]
Derivative assets	68,413	228,400
Derivative liabilities	384,138	39,250
Teucrium Soybean Fund [Member] | Futures Contracts Available for Offset [Member] | Soybean Futures Contracts [Member]
Derivative assets	68,413	39,250
Derivative liabilities	68,413	39,250
Teucrium Soybean Fund [Member] | Collateral, Due To Broker [Member] | Soybean Futures Contracts [Member]
Derivative assets	0	0
Derivative liabilities	315,725	0
Teucrium Sugar Fund [Member]
Derivative assets	392,649	233,979
Derivative liabilities	146,294	47,656
Teucrium Sugar Fund [Member] | Sugar Futures Contracts [Member]
Derivative assets	168,515	186,323
Derivative liabilities	0	0
Teucrium Sugar Fund [Member] | Gross Amount Of Recognized Assets Or Liabilities [Member] | Sugar Futures Contracts [Member]
Derivative assets	392,649	233,979
Derivative liabilities	146,294	47,656
Teucrium Sugar Fund [Member] | Gross Amount Offset In The Statement Of Assets And Liabilities [Member] | Sugar Futures Contracts [Member]
Derivative assets	0	0
Derivative liabilities	0	0
Teucrium Sugar Fund [Member] | Net Amount Presented In the Statement Of Assets And Liabilities [Member] | Sugar Futures Contracts [Member]
Derivative assets	392,649	233,979
Derivative liabilities	146,294	47,656
Teucrium Sugar Fund [Member] | Futures Contracts Available for Offset [Member] | Sugar Futures Contracts [Member]
Derivative assets	146,294	47,656
Derivative liabilities	146,294	47,656
Teucrium Sugar Fund [Member] | Collateral, Due To Broker [Member] | Sugar Futures Contracts [Member]
Derivative assets	77,840	0
Derivative liabilities	0	0
Teucrium Wheat Fund [Member]
Derivative assets	456,887	0
Derivative liabilities	6,559,175	3,985,400
Teucrium Wheat Fund [Member] | Wheat Futures Contracts [Member]
Derivative assets	0
Derivative liabilities	116,028	0
Teucrium Wheat Fund [Member] | Gross Amount Of Recognized Assets Or Liabilities [Member] | Wheat Futures Contracts [Member]
Derivative assets	456,887
Derivative liabilities	6,559,175	3,985,400
Teucrium Wheat Fund [Member] | Gross Amount Offset In The Statement Of Assets And Liabilities [Member] | Wheat Futures Contracts [Member]
Derivative assets	0
Derivative liabilities	0	0
Teucrium Wheat Fund [Member] | Net Amount Presented In the Statement Of Assets And Liabilities [Member] | Wheat Futures Contracts [Member]
Derivative assets	456,887
Derivative liabilities	6,559,175	3,985,400
Teucrium Wheat Fund [Member] | Futures Contracts Available for Offset [Member] | Wheat Futures Contracts [Member]
Derivative assets	456,887
Derivative liabilities	456,887	0
Teucrium Wheat Fund [Member] | Collateral, Due To Broker [Member] | Wheat Futures Contracts [Member]
Derivative assets	0
Derivative liabilities	$ 5,986,260	$ 3,985,400

X

- Definition

Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 55
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=109250915&loc=d3e13433-108611

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312

+ Details

Name:	us-gaap_DerivativeAssets
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=109250915&loc=d3e13433-108611

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 55
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313

+ Details

Name:	us-gaap_DerivativeLiabilities
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Details

Name:	dei_LegalEntityAxis=tct_TeucriumCommodityTrustMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	tct_DerivativeAxis=tct_CornFuturesContractsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	tct_DerivativeAxis=tct_SoybeanFuturesContractsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	tct_DerivativeAxis=tct_SugarFuturesContractsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	tct_DerivativeAxis=tct_WheatFuturesContractsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=tct_GrossAmountOfRecognizedAssetsOrLiabilitiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=tct_GrossAmountOffsetInTheStatementOfAssetsAndLiabilitiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=tct_NetAmountPresentedInTheStatementOfAssetsAndLiabilitiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=tct_FuturesContractsAvailableForOffsetMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=tct_CollateralDueToBrokerMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	dei_LegalEntityAxis=tct_TeucriumCornFundMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	dei_LegalEntityAxis=tct_TeucriumSoybeanFundMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	dei_LegalEntityAxis=tct_TeucriumSugarFundMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	dei_LegalEntityAxis=tct_TeucriumWheatFundMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: