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Note 3 - Summary of Significant Accounting Policies - Cash and Cash Equivalents - Teucrium Soybean Fund (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Money Market Funds	$ 118,693,424	$ 188,640,417
Demand Deposit Savings Accounts	47,112,843	46,061,819
Commercial Paper	145,252,118	199,360,060
Total cash and cash equivalents as presented on the combined Statement of Assets and Liabilities	311,058,385	434,062,296
Teucrium Soybean Fund [Member]
Money Market Funds	13,690,388	25,631,042
Demand Deposit Savings Accounts	5,260,858	5,143,495
Commercial Paper	14,927,244	27,438,032
Total cash and cash equivalents as presented on the combined Statement of Assets and Liabilities	$ 33,878,490	$ 58,212,569

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- Definition

Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

+ References

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For banks and other depository institutions: Includes cash on hand (currency and coin), cash items in process of collection, noninterest bearing deposits due from other financial institutions (including corporate credit unions), and noninterest bearing balances with the Federal Reserve Banks, Federal Home Loan Banks and central banks.

+ References

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