XML 50 R20.htm IDEA: XBRL DOCUMENT v3.19.2
Principal Contracts and Agreements (Tables)
6 Months Ended
Jun. 30, 2019
Teucrium Commodity Trust - Combined [Member]  
Summary of expenses
    Three months ended June 30, 2019     Three months ended June 30, 2018     Six months ended June 30, 2019     Six months ended June 30, 2018  
Amount Recognized for Custody Services   $ 89,371     $ 99,544     $ 173,420     $ 184,022  
Amount of Custody Services Waived   $ 5,951     $ 31,268     $ 19,567     $ 44,439  
                                 
Amount Recognized for Distribution Services   $ 35,502     $ 39,053     $ 73,407     $ 87,201  
Amount of Distribution Services Waived   $ 2,294     $ 6,930     $ 3,900     $ 21,591  
                                 
Amount Recognized for Brokerage Commissions   $ 13,144     $ 46,147     $ 41,272     $ 88,724  
Amount of Brokerage Commissions Waived   $ -     $ -     $ -     $ -  
                                 
Amount Recognized for Wilmington Trust   $ -     $ -     $ -     $ -  
Amount of Wilmington Trust Waived   $ -     $ -     $ -     $ -  
                                 
Amount Recognized for Marketing Agent   $ 15,000     $ -     $ 15,000     $ -  
Amount of Marketing Agent Waived   $ 491     $ -     $ 491     $ -  
Teucrium Corn Fund [Member]  
Summary of expenses
    Three months ended June 30, 2019     Three months ended June 30, 2018     Six months ended June 30, 2019     Six months ended June 30, 2019  
Amount Recognized for Custody Services   $ 35,343     $ 28,547     $ 61,966     $ 59,181  
Amount of Custody Services Waived   $ -     $ -     $ -     $ 762  
                                 
Amount Recognized for Distribution Services   $ 13,564     $ 15,075     $ 27,301     $ 33,097  
Amount of Distribution Services Waived   $ -     $ -     $ -     $ 3,679  
                                 
Amount Recognized for Brokerage Commissions   $ 5,301     $ 20,470     $ 18,768     $ 41,310  
Amount of Brokerage Commissions Waived   $ -     $ -     $ -     $ -  
                                 
Amount Recognized for Wilmington Trust   $ -     $ -     $ -     $ -  
Amount of Wilmington Trust Waived   $ -     $ -     $ -     $ -  
                                 
Amount Recognized for Marketing Agent   $ 6,236     $ -     $ 6,236     $ -  
Amount of Marketing Agent Waived   $ -     $ -     $ -     $ -  
Teucrium Soybean Fund [Member]  
Summary of expenses
    Three months ended June 30, 2019     Three months ended June 30, 2018     Six months ended June 30, 2019     Six months ended June 30, 2018  
Amount Recognized for Custody Services   $ 15,233     $ 9,737     $ 41,869     $ 21,236  
Amount of Custody Services Waived   $ -     $ 4,038     $ 12,828     $ 11,736  
                                 
Amount Recognized for Distribution Services   $ 7,754     $ 5,580     $ 15,670     $ 11,834  
Amount of Distribution Services Waived   $ -     $ 438     $ -     $ 4,533  
                                 
Amount Recognized for Brokerage Commissions   $ 2,077     $ 3,100     $ 4,193     $ 5,638  
Amount of Brokerage Commissions Waived   $ -     $ -     $ -     $ -  
                                 
Amount Recognized for Wilmington Trust   $ -     $ -     $ -     $ -  
Amount of Wilmington Trust Waived   $ -     $ -     $ -     $ -  
                                 
Amount Recognized for Marketing Agent   $ 3,329     $ -     $ 3,329     $ -  
Amount of Marketing Agent Waived   $ -     $ -     $ -     $ -  
Teucrium Sugar Fund [Member]  
Summary of expenses
    Three months ended June 30, 2019     Three months ended June 30, 2018     Six months ended June 30, 2019     Six months ended June 30, 2018  
Amount Recognized for Custody Services   $ 10,500     $ 10,754     $ 15,726     $ 17,945  
Amount of Custody Services Waived   $ 5,407     $ 5,029     $ 5,407     $ 9,283  
                                 
Amount Recognized for Distribution Services   $ 3,434     $ 3,196     $ 7,990     $ 6,603  
Amount of Distribution Services Waived   $ 2,078     $ 1,317     $ 3,443     $ 3,553  
                                 
Amount Recognized for Brokerage Commissions   $ 1,528     $ 4,464     $ 3,471     $ 6,633  
Amount of Brokerage Commissions Waived   $ -     $ -     $ -     $ -  
                                 
Amount Recognized for Wilmington Trust   $ -     $ -     $ -     $ -  
Amount of Wilmington Trust Waived   $ -     $ -     $ -     $ -  
                                 
Amount Recognized for Marketing Agent   $ 1,232     $ -     $ 1,232     $ -  
Amount of Marketing Agent Waived   $ 404     $ -     $ 404     $ -  
Teucrium Wheat Fund [Member]  
Summary of expenses
    Three months ended June 30, 2019     Three months ended June 30, 2018     Six months ended June 30, 2019     Six months ended June 30, 2018  
Amount Recognized for Custody Services   $ 27,751     $ 49,845     $ 52,527     $ 84,440  
Amount of Custody Services Waived   $ -     $ 21,567     $ -     $ 21,567  
                                 
Amount Recognized for Distribution Services   $ 10,533     $ 14,900     $ 21,898     $ 35,118  
Amount of Distribution Services Waived   $ -     $ 4,950     $ -     $ 9,354  
                                 
Amount Recognized for Brokerage Commissions   $ 4,238     $ 18,113     $ 14,841     $ 35,143  
Amount of Brokerage Commissions Waived   $ -     $ -     $ -     $ -  
                                 
Amount Recognized for Wilmington Trust   $ -     $ -     $ -     $ -  
Amount of Wilmington Trust Waived   $ -     $ -     $ -     $ -  
                                 
Amount Recognized for Marketing Agent   $ 4,116     $ -     $ 4,116     $ -  
Amount of Marketing Agent Waived   $ -     $ -     $ -     $ -  
Teucrium Agricultural Fund [Member]  
Summary of expenses
    Three months ended June 30, 2019     Three months ended June 30, 2018     Six months ended June 30, 2019     Six months ended June 30, 2018  
Amount Recognized for Custody Services   $ 544     $ 661     $ 1,332     $ 1,220  
Amount of Custody Services Waived   $ 544     $ 634     $ 1,332     $ 1,091  
                                 
Amount Recognized for Distribution Services   $ 216     $ 302     $ 548     $ 549  
Amount of Distribution Services Waived   $ 216     $ 225     $ 457     $ 472  
                                 
Amount Recognized for Brokerage Commissions   $ -     $ -     $ -     $ -  
Amount of Brokerage Commissions Waived   $ -     $ -     $ -     $ -  
                                 
Amount Recognized for Wilmington Trust   $ -     $ -     $ -     $ -  
Amount of Wilmington Trust Waived   $ -     $ -     $ -     $ -  
                                 
Amount Recognized for Marketing Agent   $ 87     $ -     $ 87     $ -  
Amount of Marketing Agent Waived   $ 87     $ -     $ 87     $ -