XML 64 R34.htm IDEA: XBRL DOCUMENT v3.19.2

Derivative Instruments and Hedging Activities (Details 1) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Teucrium Commodity Trust - Combined [Member]
Realized (loss) gain on commodity futures contracts	$ (7,714,964)	$ 4,467,596	$ (12,321,045)	$ 6,692,509
Net change in unrealized appreciation or depreciation on commodity futures contracts	17,277,425	(12,318,563)	12,600,695	(7,253,850)
Teucrium Commodity Trust - Combined [Member] | Corn Futures Contracts [Member]
Realized (loss) gain on commodity futures contracts	(2,187,325)	1,931,575	(3,093,050)	3,170,538
Net change in unrealized appreciation or depreciation on commodity futures contracts	6,531,538	(8,790,088)	4,416,538	(4,809,338)
Teucrium Commodity Trust - Combined [Member] | Soybean Futures Contracts [Member]
Realized (loss) gain on commodity futures contracts	(1,187,050)	(2,413)	(1,153,412)	(80,012)
Net change in unrealized appreciation or depreciation on commodity futures contracts	1,746,950	(2,456,537)	1,242,075	(1,574,000)
Teucrium Commodity Trust - Combined [Member] | Sugar Futures Contracts [Member]
Realized (loss) gain on commodity futures contracts	(68,701)	(1,028,754)	292,667	(1,297,867)
Net change in unrealized appreciation or depreciation on commodity futures contracts	(269,125)	278,275	(209,093)	(608,462)
Teucrium Commodity Trust - Combined [Member] | Wheat Futures Contracts [Member]
Realized (loss) gain on commodity futures contracts	(4,271,888)	3,567,188	(8,367,250)	4,899,850
Net change in unrealized appreciation or depreciation on commodity futures contracts	9,268,062	(1,350,213)	7,151,175	(262,050)
Teucrium Corn Fund [Member]
Realized (loss) gain on commodity futures contracts	(2,187,325)	1,931,575	(3,093,050)	3,170,538
Net change in unrealized appreciation or depreciation on commodity futures contracts	6,531,538	(8,790,088)	4,416,538	(4,809,338)
Teucrium Corn Fund [Member] | Corn Futures Contracts [Member]
Realized (loss) gain on commodity futures contracts	(2,187,325)	1,931,575	(3,093,050)	3,170,538
Net change in unrealized appreciation or depreciation on commodity futures contracts	6,531,538	(8,790,088)	4,416,538	(4,809,338)
Teucrium Soybean Fund [Member]
Realized (loss) gain on commodity futures contracts	(1,187,050)	(2,413)	(1,153,412)	(80,012)
Net change in unrealized appreciation or depreciation on commodity futures contracts	1,746,950	(2,456,537)	1,242,075	(1,574,000)
Teucrium Soybean Fund [Member] | Soybean Futures Contracts [Member]
Realized (loss) gain on commodity futures contracts	(1,187,050)	(2,413)	(1,153,412)	(80,012)
Net change in unrealized appreciation or depreciation on commodity futures contracts	1,746,950	(2,456,537)	1,242,075	(1,574,000)
Teucrium Sugar Fund [Member]
Realized (loss) gain on commodity futures contracts	(68,701)	(1,028,754)	292,667	(1,297,867)
Net change in unrealized appreciation or depreciation on commodity futures contracts	(269,125)	278,275	(209,093)	(608,462)
Teucrium Sugar Fund [Member] | Sugar Futures Contracts [Member]
Realized (loss) gain on commodity futures contracts	(68,701)	(1,028,754)	292,667	(1,297,867)
Net change in unrealized appreciation or depreciation on commodity futures contracts	(269,125)	278,275	(209,093)	(608,462)
Teucrium Wheat Fund [Member]
Realized (loss) gain on commodity futures contracts	(4,271,888)	3,567,188	(8,367,250)	4,899,850
Net change in unrealized appreciation or depreciation on commodity futures contracts	9,268,062	(1,350,213)	7,151,175	(262,050)
Teucrium Wheat Fund [Member] | Wheat Futures Contracts [Member]
Realized (loss) gain on commodity futures contracts	(4,271,888)	3,567,188	(8,367,250)	4,899,850
Net change in unrealized appreciation or depreciation on commodity futures contracts	$ 9,268,062	$ (1,350,213)	$ 7,151,175	$ (262,050)

X

- Definition

The difference between the book value and the sale price of agreements to purchase or sell mineral resources, energy, and agricultural products at some future point. This element refers to the gain (loss) included in earnings and not to the cash proceeds.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585

+ Details

Name:	us-gaap_GainLossOnSaleOfCommodityContracts
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of open agreements to purchase or sell mineral resources, energy, and agricultural products at some future point held at each balance sheet date, that was included in earnings for the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585

+ Details

Name:	us-gaap_UnrealizedGainLossOnCommodityContracts
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

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:	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: