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v3.19.2

Derivative Instruments and Hedging Activities (Tables) | 6 Months Ended
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Jun. 30, 2019
Teucrium Commodity Trust - Combined [Member] |
Schedule of fair value of derivative instruments | Offsetting of Financial Assets and Derivative Assets as of June 30, 2019
|  |  |  |  |  |  |  |  |  |  | (iv) |  |  |  |
|  | (i) |  |  | (ii) |  |  | (iii) = (i)-(ii) |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  | (v) = (iii)-(iv) |
Description |  | Gross Amount of Recognized Assets |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  | Due to Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corn futures contracts |  | $ | 3,226,613 |  |  | $ | - |  |  | $ | 3,226,613 |  |  | $ | - |  | $ | 3,226,613 |  |  | $ | - |
Soybeans futures contracts |  | $ | 1,431,225 |  |  | $ | - |  |  | $ | 1,431,225 |  |  | $ | - |  | $ | 738,351 |  |  | $ | 692,874 |
Sugar futures contracts |  | $ | 77,426 |  |  | $ | - |  |  | $ | 77,426 |  |  | $ | 77,426 |  | $ | - |  |  | $ | - |
Wheat futures contracts |  | $ | 4,491,550 |  |  | $ | - |  |  | $ | 4,491,550 |  |  | $ | 1,325,775 |  | $ | 3,165,775 |  |  | $ | - |
Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2019
|  |  |  |  |  |  |  |  |  |  | (iv) |  |  |  |
|  | (i) |  |  | (ii) |  |  | (iii) = (i)-(ii) |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  | (v) = (iii)-(iv) |
Description |  | Gross Amount of Recognized Liabilities |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  | Due to Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sugar futures contracts |  | $ | 100,196 |  |  | $ | - |  |  | $ | 100,196 |  |  | $ | 77,426 |  | $ | 22,770 |  |  | $ | - |
Wheat futures contracts |  | $ | 1,325,775 |  |  | $ | - |  |  | $ | 1,325,775 |  |  | $ | 1,325,775 |  | $ | - |  |  | $ | - |
Offsetting of Financial Assets and Derivative Assets as of December 31, 2018
|  |  |  |  |  |  |  |  |  |  | (iv) |  |  |  |
|  | (i) |  |  | (ii) |  |  | (iii) = (i)-(ii) |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  | (v) = (iii)-(iv) |
Description |  | Gross Amount of Recognized Assets |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  | Due to Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corn futures contracts |  | $ | 107,363 |  |  | $ | - |  |  | $ | 107,363 |  |  | $ | 107,363 |  | $ | - |  |  | $ | - |
Soybeans futures contracts |  | $ | 228,400 |  |  | $ | - |  |  | $ | 228,400 |  |  | $ | 39,250 |  | $ | - |  |  | $ | 189,150 |
Sugar futures contracts |  | $ | 233,979 |  |  | $ | - |  |  | $ | 233,979 |  |  | $ | 47,656 |  | $ | - |  |  | $ | 186,323 |
Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2018
|  |  |  |  |  |  |  |  |  |  | (iv) |  |  |  |
|  | (i) |  |  | (ii) |  |  | (iii) = (i)-(ii) |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  | (v) = (iii)-(iv) |
Description |  | Gross Amount of Recognized Liabilities |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  | Due to Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corn futures contracts |  | $ | 1,297,288 |  |  | $ | - |  |  | $ | 1,297,288 |  |  | $ | 107,363 |  | $ | 1,189,925 |  |  | $ | - |
Soybeans futures contracts |  | $ | 39,250 |  |  | $ | - |  |  | $ | 39,250 |  |  | $ | 39,250 |  | $ | - |  |  | $ | - |
Sugar futures contracts |  | $ | 47,656 |  |  | $ | - |  |  | $ | 47,656 |  |  | $ | 47,656 |  | $ | - |  |  | $ | - |
Wheat futures contracts |  | $ | 3,985,400 |  |  | $ | - |  |  | $ | 3,985,400 |  |  | $ | - |  | $ | 3,985,400 |  |  | $ | - |
Summary of realized and unrealized gains (losses) of the derivative instruments | Three months ended June 30, 2019
|  | Realized Loss on Commodity Futures Contracts |  |  | Net Change in Unrealized Appreciation (Depreciation) on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Corn futures contracts |  | $ | (2,187,325 | ) |  | $ | 6,531,538 |
Soybeans futures contracts |  |  | (1,187,050 | ) |  |  | 1,746,950 |
Sugar futures contracts |  |  | (68,701 | ) |  |  | (269,125 | )
Wheat futures contracts |  |  | (4,271,888 | ) |  |  | 9,268,062 |
Total commodity futures contracts |  | $ | (7,714,964 | ) |  | $ | 17,277,425 |
Three months ended June 30, 2018
|  | Realized Gain (Loss) on Commodity Futures Contracts |  |  | Net Change in Unrealized (Depreciation) Appreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Corn futures contracts |  | $ | 1,931,575 |  |  | $ | (8,790,088 | )
Soybeans futures contracts |  |  | (2,413 | ) |  |  | (2,456,537 | )
Sugar futures contracts |  |  | (1,028,754 | ) |  |  | 278,275 |
Wheat futures contracts |  |  | 3,567,188 |  |  |  | (1,350,213 | )
Total commodity futures contracts |  | $ | 4,467,596 |  |  | $ | (12,318,563 | )
Six months ended June 30, 2019
|  | Realized (Loss) Gain on Commodity Futures Contracts |  |  | Net Change in Unrealized Appreciation (Depreciation) on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Corn futures contracts |  | $ | (3,093,050 | ) |  | $ | 4,416,538 |
Soybeans futures contracts |  |  | (1,153,412 | ) |  |  | 1,242,075 |
Sugar futures contracts |  |  | 292,667 |  |  |  | (209,093 | )
Wheat futures contracts |  |  | (8,367,250 | ) |  |  | 7,151,175 |
Total commodity futures contracts |  | $ | (12,321,045 | ) |  | $ | 12,600,695 |
Six months ended June 30, 2018
|  | Realized Gain (Loss) on Commodity Futures Contracts |  |  | Net Change in Unrealized Depreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Corn futures contracts |  | $ | 3,170,538 |  |  | $ | (4,809,338 | )
Soybeans futures contracts |  |  | (80,012 | ) |  |  | (1,574,000 | )
Sugar futures contracts |  |  | (1,297,867 | ) |  |  | (608,462 | )
Wheat futures contracts |  |  | 4,899,850 |  |  |  | (262,050 | )
Total commodity futures contracts |  | $ | 6,692,509 |  |  | $ | (7,253,850 | )
Teucrium Corn Fund [Member] |
Schedule of fair value of derivative instruments | Offsetting of Financial Assets and Derivative Assets as of June 30, 2019
|  | (i) |  |  | (ii) |  |  | (iii) = (i-ii) |  |  | (iv) |  |  | (v) = (iii)-(iv) |
|  |  |  |  |  |  |  |  |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  |  |
Description |  | Gross Amount of Recognized Assets |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  |  | Due to Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corn futures contracts |  | $ | 3,226,613 |  |  | $ | - |  |  | $ | 3,226,613 |  |  | $ | - |  |  | $ | 3,226,613 |  |  | $ | - |
Offsetting of Financial Assets and Derivative Assets as of December 31, 2018
|  | (i) |  |  | (ii) |  |  | (iii) = (i-ii) |  |  | (iv) |  |  | (v) = (iii)-(iv) |
|  |  |  |  |  |  |  |  |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  |  |
Description |  | Gross Amount of Recognized Assets |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  |  | Due to Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corn futures contracts |  | $ | 107,363 |  |  | $ | - |  |  | $ | 107,363 |  |  | $ | 107,363 |  |  | $ | - |  |  | $ | - |
Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2018
|  | (i) |  |  | (ii) |  |  | (iii) = (i-ii) |  |  | (iv) |  |  | (v) = (iii)-(iv) |
|  |  |  |  |  |  |  |  |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  |  |
Description |  | Gross Amount of Recognized Liabilities |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  |  | Due from Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corn futures contracts |  | $ | 1,297,288 |  |  | $ | - |  |  | $ | 1,297,288 |  |  | $ | 107,363 |  |  | $ | 1,189,925 |  |  | $ | - |
Summary of realized and unrealized gains (losses) of the derivative instruments | Three months ended June 30, 2019
|  | Realized Loss on Commodity Futures Contracts |  |  | Net Change in Unrealized Appreciation on Commodity Futures Contracts |
Primary Underlying Risk |  |  |  |  |  |
Commodity price |  |  |  |  |  |
Corn futures contracts |  | $ | (2,187,325 | ) |  | $ | 6,531,538 |
Three months ended June 30, 2018
|  | Realized Gain on Commodity Futures Contracts |  |  | Net Change in Unrealized Depreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Corn futures contracts |  | $ | 1,931,575 |  |  | $ | (8,790,088 | )
Six months ended June 30, 2019
|  | Realized Loss on Commodity Futures Contracts |  |  | Net Change in Unrealized Appreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Corn futures contracts |  | $ | (3,093,050 | ) |  | $ | 4,416,538 |
Six months ended June 30, 2018
|  | Realized Gain on Commodity Futures Contracts |  |  | Net Change in Unrealized Depreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Corn futures contracts |  | $ | 3,170,538 |  |  | $ | (4,809,338 | )
Teucrium Soybean Fund [Member] |
Schedule of fair value of derivative instruments | Offsetting of Financial Assets and Derivative Assets as of June 30, 2019
|  |  |  |  |  |  |  |  |  |  | (iv) |  |  |  |
|  | (i) |  |  | (ii) |  |  | (iii) = (i)-(ii) |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  | (v) = (iii)-(iv) |
Description |  | Gross Amount of Recognized Assets |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  | Due to Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Soybeans futures contracts |  | $ | 1,431,225 |  |  | $ | - |  |  | $ | 1,431,225 |  |  | $ | - |  | $ | 738,351 |  |  | $ | 692,874 |
Offsetting of Financial Assets and Derivative Assets as of December 31, 2018
|  | (i) |  |  | (ii) |  |  | (iii) = (i-ii) |  |  | (iv) |  |  | (v) = (iii)-(iv) |
|  |  |  |  |  |  |  |  |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  |  |
Description |  | Gross Amount of Recognized Assets |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  |  | Due to Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Soybeans futures contracts |  | $ | 228,400 |  |  | $ | - |  |  | $ | 228,400 |  |  | $ | 39,250 |  |  | $ | - |  |  | $ | 189,150 |
Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2018
|  | (i) |  |  | (ii) |  |  | (iii) = (i-ii) |  |  | (iv) |  |  | (v) = (iii)-(iv) |
|  |  |  |  |  |  |  |  |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  |  |
Description |  | Gross Amount of Recognized Liabilities |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  |  | Due from Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Soybeans futures contracts |  | $ | 39,250 |  |  | $ | - |  |  | $ | 39,250 |  |  | $ | 39,250 |  |  | $ | - |  |  | $ | - |
Summary of realized and unrealized gains (losses) of the derivative instruments | Three months ended June 30, 2019
|  | Realized Loss on Commodity Futures Contracts |  |  | Net Change in Unrealized Appreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Soybeans futures contracts |  | $ | (1,187,050 | ) |  | $ | 1,746,950 |
Three months ended June 30, 2018
|  | Realized Loss on Commodity Futures Contracts |  |  | Net Change in Unrealized (Depreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Soybeans futures contracts |  | $ | (2,413 | ) |  | $ | (2,456,537 | )
Six months ended June 30, 2019
|  | Realized Loss on Commodity Futures Contracts |  |  | Net Change in Unrealized Appreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Soybeans futures contracts |  | $ | (1,153,412 | ) |  | $ | 1,242,075 |
Six months ended June 30, 2018
|  | Realized Loss on Commodity Futures Contracts |  |  | Net Change in Unrealized Depreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Soybeans futures contracts |  | $ | (80,012 | ) |  | $ | (1,574,000 | )
Teucrium Sugar Fund [Member] |
Schedule of fair value of derivative instruments | Offsetting of Financial Assets and Derivative Assets as of June 30, 2019
|  | (i) |  |  | (ii) |  |  | (iii) = (i-ii) |  |  | (iv) |  |  | (v) = (iii)-(iv) |
|  |  |  |  |  |  |  |  |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  |  |
Description |  | Gross Amount of Recognized Assets |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  |  | Due to Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sugar futures contracts |  | $ | 77,426 |  |  | $ | - |  |  | $ | 77,426 |  |  | $ | 77,426 |  |  | $ | - |  |  | $ | - |
Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2019
|  | (i) |  |  | (ii) |  |  | (iii) = (i-ii) |  |  | (iv) |  |  | (v) = (iii)-(iv) |
|  |  |  |  |  |  |  |  |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  |  |
Description |  | Gross Amount of Recognized Liabilities |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  |  | Due from Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sugar futures contracts |  | $ | 100,196 |  |  | $ | - |  |  | $ | 100,196 |  |  | $ | 77,426 |  |  | $ | 22,770 |  |  | $ | - |
Offsetting of Financial Assets and Derivative Assets as of December 31, 2018
|  | (i) |  |  | (ii) |  |  | (iii) = (i-ii) |  |  | (iv) |  |  | (v) = (iii)-(iv) |
|  |  |  |  |  |  |  |  |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  |  |
Description |  | Gross Amount of Recognized Assets |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  |  | Due to Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sugar futures contracts |  | $ | 233,979 |  |  | $ | - |  |  | $ | 233,979 |  |  | $ | 47,656 |  |  | $ | - |  |  | $ | 186,323 |
Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2018
|  | (i) |  |  | (ii) |  |  | (iii) = (i-ii) |  |  | (iv) |  |  | (v) = (iii)-(iv) |
|  |  |  |  |  |  |  |  |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  |  |
Description |  | Gross Amount of Recognized Liabilities |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  |  | Due from Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sugar futures contracts |  | $ | 47,656 |  |  | $ | - |  |  | $ | 47,656 |  |  | $ | 47,656 |  |  | $ | - |  |  | $ | - |
Summary of realized and unrealized gains (losses) of the derivative instruments | Three months ended June 30, 2019
|  | Realized Loss on Commodity Futures Contracts |  |  | Net Change in Unrealized Depreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Sugar futures contracts |  | $ | (68,701 | ) |  | $ | (269,125 | )
Three months ended June 30, 2018
|  | Realized Loss on Commodity Futures Contracts |  |  | Net Change in Unrealized Appreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Sugar futures contracts |  | $ | (1,028,754 | ) |  | $ | 278,275 |
Six months ended June 30, 2019
|  | Realized Gain on Commodity Futures Contracts |  |  | Net Change in Unrealized Depreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Sugar futures contracts |  | $ | 292,667 |  |  | $ | (209,093 | )
Six months ended June 30, 2018
|  | Realized Loss on Commodity Futures Contracts |  |  | Net Change in Unrealized Depreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Sugar futures contracts |  | $ | (1,297,867 | ) |  | $ | (608,462 | )
Teucrium Wheat Fund [Member] |
Schedule of fair value of derivative instruments | Offsetting of Financial Assets and Derivative Assets as of June 30, 2019
|  | (i) |  |  | (ii) |  |  | (iii) = (i-ii) |  |  | (iv) |  |  | (v) = (iii)-(iv) |
|  |  |  |  |  |  |  |  |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  |  |
Description |  | Gross Amount of Recognized Assets |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  |  | Due to Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wheat futures contracts |  | $ | 4,491,550 |  |  | $ | - |  |  | $ | 4,491,550 |  |  | $ | 1,325,775 |  |  | $ | 3,165,775 |  |  | $ | - |
Offsetting of Financial Liabilities and Derivative Liabilities as of June 30, 2019
|  | (i) |  |  | (ii) |  |  | (iii) = (i-ii) |  |  | (iv) |  |  | (v) = (iii)-(iv) |
|  |  |  |  |  |  |  |  |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  |  |
Description |  | Gross Amount of Recognized Liabilities |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  |  | Due from Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wheat futures contracts |  | $ | 1,325,775 |  |  | $ | - |  |  | $ | 1,325,775 |  |  | $ | 1,325,775 |  |  | $ | - |  |  | $ | - |
Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2018
|  | (i) |  |  | (ii) |  |  | (iii) = (i-ii) |  |  | (iv) |  |  | (v) = (iii)-(iv) |
|  |  |  |  |  |  |  |  |  |  | Gross Amount Not Offset in the Statement of Assets and Liabilities |  |  |  |
Description |  | Gross Amount of Recognized Liabilities |  |  | Gross Amount Offset in the Statement of Assets and Liabilities |  |  | Net Amount Presented in the Statement of Assets and Liabilities |  |  | Futures Contracts Available for Offset |  |  | Due from Broker |  |  | Net Amount |
Commodity Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Wheat futures contracts |  | $ | 3,985,400 |  |  | $ | - |  |  | $ | 3,985,400 |  |  | $ | - |  |  | $ | 3,985,400 |  |  | $ | - |
Summary of realized and unrealized gains (losses) of the derivative instruments | Three months ended June 30, 2019
|  | Realized Loss on Commodity Futures Contracts |  |  | Net Change in Unrealized Appreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Wheat futures contracts |  | $ | (4,271,888 | ) |  | $ | 9,268,062 |
Three months ended June 30, 2018
|  | Realized Gain on Commodity Futures Contracts |  |  | Net Change in Unrealized Depreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Wheat futures contracts |  | $ | 3,567,188 |  |  | $ | (1,350,213 | )
Six months ended June 30, 2019
|  | Realized Loss on Commodity Futures Contracts |  |  | Net Change in Unrealized Appreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Wheat futures contracts |  | $ | (8,367,250 | ) |  | $ | 7,151,175 |
Six months ended June 30, 2018
|  | Realized Gain on Commodity Futures Contracts |  |  | Net Change in Unrealized Depreciation on Commodity Futures Contracts |
Commodity Price |  |  |  |  |  |
Wheat futures contracts |  | $ | 4,899,850 |  |  | $ | (262,050 | )

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