XML 37 R7.htm IDEA: XBRL DOCUMENT v3.19.2
STATEMENTS OF CHANGES IN NET ASSETS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Teucrium Commodity Trust - Combined [Member]        
Operations        
Net (loss) income $ 9,072,680 $ (8,553,936) $ (541,653) $ (2,064,839)
Capital transactions        
Issuance of shares     61,931,985 53,863,007
Redemption of shares     (13,611,950) (22,602,148)
Net change in the cost of the underlying funds     1,339 (574,895)
Total capital transactions     48,321,374 30,685,964
Net change in net assets     47,779,721 28,621,125
Net assets, beginning of period     150,251,160 142,946,752
Net assets, end of period 198,030,881 171,567,877 198,030,881 171,567,877
Teucrium Corn Fund [Member]        
Operations        
Net (loss) income 4,135,880 (7,121,771) 989,499 (2,244,763)
Capital transactions        
Issuance of shares     40,556,488 20,834,115
Redemption of shares     (1,551,650) (10,372,637)
Total capital transactions     39,004,838 10,461,478
Net change in net assets     39,994,337 8,216,715
Net assets, beginning of period     56,379,057 64,901,479
Net assets, end of period $ 96,373,394 $ 73,118,194 $ 96,373,394 $ 73,118,194
Net asset value per share at beginning of period $ 15.22 $ 17.99 $ 16.11 $ 16.75
Net asset value per share at end of period $ 16.40 $ 16.43 $ 16.40 $ 16.43
Creation of shares     2,475,000 1,175,000
Redemption of shares     100,000 600,000
Teucrium Soybean Fund [Member]        
Operations        
Net (loss) income $ 474,443 $ (2,533,907) $ (54,729) $ (1,795,062)
Capital transactions        
Issuance of shares     9,251,550 9,873,695
Redemption of shares     (4,117,450) (1,313,363)
Total capital transactions     5,134,100 8,560,332
Net change in net assets     5,079,371 6,765,270
Net assets, beginning of period     27,942,017 10,264,025
Net assets, end of period $ 33,021,388 $ 17,029,295 $ 33,021,388 $ 17,029,295
Net asset value per share at beginning of period $ 15.79 $ 19.04 $ 16.20 $ 17.85
Net asset value per share at end of period $ 15.72 $ 16.22 $ 15.72 $ 16.22
Creation of shares     625,000 550,000
Redemption of shares     250,000 75,000
Teucrium Sugar Fund [Member]        
Operations        
Net (loss) income $ (365,530) $ (805,665) $ 28,938 $ (1,994,883)
Capital transactions        
Issuance of shares     2,184,937 11,064,135
Redemption of shares     (3,057,840) (581,370)
Total capital transactions     (872,903) 10,482,765
Net change in net assets     (843,965) 8,487,882
Net assets, beginning of period     10,778,739 6,363,710
Net assets, end of period $ 9,934,774 $ 14,851,592 $ 9,934,774 $ 14,851,592
Net asset value per share at beginning of period $ 7.30 $ 8.29 $ 7.07 $ 9.79
Net asset value per share at end of period $ 7.10 $ 7.62 $ 7.10 $ 7.62
Creation of shares     300,000 1,375,000
Redemption of shares     425,000 75,000
Teucrium Wheat Fund [Member]        
Operations        
Net (loss) income $ 4,828,566 $ 1,909,405 $ (1,503,982) $ 3,973,274
Capital transactions        
Issuance of shares     9,939,010 11,511,955
Redemption of shares     (4,885,010) (10,334,778)
Total capital transactions     5,054,000 1,177,177
Net change in net assets     3,550,018 5,150,451
Net assets, beginning of period     55,149,873 61,416,019
Net assets, end of period $ 58,699,891 $ 66,566,470 $ 58,699,891 $ 66,566,470
Net asset value per share at beginning of period $ 5.30 $ 6.19 $ 5.95 $ 5.99
Net asset value per share at end of period $ 5.75 $ 6.37 $ 5.75 $ 6.37
Creation of shares     1,800,000 1,775,000
Redemption of shares     875,000 1,575,000
Teucrium Agricultural Fund [Member]        
Operations        
Net (loss) income $ 46,875 $ (135,441) $ (14,398) $ (133,411)
Capital transactions        
Issuance of shares     0 579,107
Net change in net assets     (14,398) 445,696
Net assets, beginning of period     1,524,760 1,137,639
Net assets, end of period $ 1,510,362 $ 1,583,335 $ 1,510,362 $ 1,583,335
Net asset value per share at beginning of period $ 19.51 $ 22.79 $ 20.33 $ 22.75
Net asset value per share at end of period $ 20.14 $ 21.11 $ 20.14 $ 21.11
Creation of shares     0 25,000
Redemption of shares     0 0