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Note 7 - Detail of the Net Assets and Shares Outstanding of the Funds that are a Series of the Trust - Net Assets and Shares Outstanding (Details) - USD ($) | Jun. 30, 2023 | Dec. 31, 2022 | Jun. 30, 2022 | Dec. 31, 2021
--- | --- | --- | --- | ---
Net Assets | $ 319,257,869 | $ 465,375,598 | $ 796,741,097 | [1] | $ 264,276,768 | [1]
Less: Investment in the Underlying Funds | $ (23,869,353) | $ 39,572,698 |  |  |  |
Teucrium Corn Fund [Member] |  |  |  |  |  |
Outstanding Shares (in shares) | 4,175,004 | 5,675,004 |  |  |  |
Net Assets | $ 92,776,876 | $ 152,638,405 | 238,731,929 |  | 120,846,256 |
Teucrium Soybean Fund [Member] |  |  |  |  |  |
Outstanding Shares (in shares) | 1,350,004 | 2,050,004 |  |  |  |
Net Assets | $ 36,894,584 | $ 58,429,985 | 75,109,727 |  | 44,972,625 |
Teucrium Sugar Fund [Member] |  |  |  |  |  |
Outstanding Shares (in shares) | 1,825,004 | 2,550,004 |  |  |  |
Net Assets | $ 23,179,570 | $ 24,262,359 | 32,383,073 |  | 22,834,664 |
Teucrium Wheat Fund [Member] |  |  |  |  |  |
Outstanding Shares (in shares) | 25,450,004 | 28,675,004 |  |  |  |
Net Assets | $ 164,450,547 | $ 228,972,039 | 450,519,572 |  | 75,621,587 |
Hashdex Bitcoin Futures ETF [Member] |  |  |  |  |  |
Outstanding Shares (in shares) | 50,004 | 50,004 |  |  |  |
Net Assets | $ 1,938,929 | $ 1,070,263 |  |  |  |
Teucrium Agricultural Fund [Member] |  |  |  |  |  |
Outstanding Shares (in shares) |  | 1,262,502 |  |  |  |
Net Assets | 23,886,716 | $ 39,575,245 | $ 47,407,824 |  | $ 14,179,655 |
Funds Including Underlying Funds [Member] |  |  |  |  |  |
Net Assets | 23,886,716 | 39,575,245 |  |  |  |
Funds [Member] |  |  |  |  |  |
Net Assets | $ 17,363 | $ 2,547 |  |  |  |
[1] | The Hashdex Bitcoin Futures ETF commenced operations on September 15, 2022.

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- Definition Amount of net assets (liabilities). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 30 -Topic 205 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479910/205-30-50-1 + Details
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