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Combined Schedule of Investments | 12 Months Ended
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Dec. 31, 2024
Notes to Financial Statements |
Schedule of Investments [Text Block] | TEUCRIUM COMMODITY TRUST COMBINED SCHEDULE OF INVESTMENTS December 31, 2024
|  |  |  |  |  |  |  |  |  |  |  |  |  | Percentage of |  |  |  |  |
Description: Assets |  | Yield |  |  | Cost |  |  | Fair Value |  |  | Net Assets |  |  | Shares |
Cash equivalents |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Money market funds |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Bank Deposit Account |  |  | 4.200 | % |  | $ | 17,680,667 |  |  | $ | 17,680,667 |  |  |  | 7.87 | % |  |  | 17,680,667 |
Goldman Sachs Financial Square Government Fund - Institutional Class |  |  | 4.410 | % |  |  | 64,495,946 |  |  |  | 64,495,946 |  |  |  | 28.71 |  |  |  | 64,495,946 |
Total money market funds |  |  |  |  |  | $ | 82,176,613 |  |  | $ | 82,176,613 |  |  |  | 36.58 | % |  |  |  |
| Maturity |  |  |  |  |  |  |  |  |  |  |  |  |  | Percentage of |  |  | Principal |
| Date |  | Yield |  |  | Cost |  |  | Fair Value |  |  | Net Assets |  |  | Amount |
Commercial Paper |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Bell Canada, Inc. | February 4, 2025 |  |  | 4.588 | % |  | $ | 6,950,784 |  |  | $ | 6,970,118 |  |  |  | 3.10 | % |  |  | 7,000,000 |
Brookfield Infrastructure Holdings (Canada) Inc. | January 8, 2025 |  |  | 4.788 | % |  |  | 4,954,862 |  |  |  | 4,995,422 |  |  |  | 2.22 |  |  |  | 5,000,000 |
Brookfield Infrastructure Holdings (Canada) Inc. | January 16, 2025 |  |  | 4.732 | % |  |  | 7,445,633 |  |  |  | 7,485,438 |  |  |  | 3.33 |  |  |  | 7,500,000 |
Brookfield Infrastructure Holdings (Canada) Inc. | March 6, 2025 |  |  | 4.783 | % |  |  | 4,943,862 |  |  |  | 4,958,222 |  |  |  | 2.21 |  |  |  | 5,000,000 |
Energy Transfer Operating, L.P. | January 24, 2025 |  |  | 4.454 | % |  |  | 17,446,548 |  |  |  | 17,450,825 |  |  |  | 7.77 |  |  |  | 17,500,000 |
General Motors Financial Company, Inc. | January 28, 2025 |  |  | 4.595 | % |  |  | 4,949,150 |  |  |  | 4,983,050 |  |  |  | 2.22 |  |  |  | 5,000,000 |
General Motors Financial Company, Inc. | March 14, 2025 |  |  | 4.524 | % |  |  | 7,421,205 |  |  |  | 7,433,256 |  |  |  | 3.31 |  |  |  | 7,500,000 |
Harley-Davidson Financial Services, Inc. | February 3, 2025 |  |  | 4.791 | % |  |  | 12,369,167 |  |  |  | 12,446,030 |  |  |  | 5.54 |  |  |  | 12,500,000 |
Harley-Davidson Financial Services, Inc. | February 18, 2025 |  |  | 4.860 | % |  |  | 7,411,484 |  |  |  | 7,452,261 |  |  |  | 3.32 |  |  |  | 7,500,000 |
Hyundai Capital America | February 12, 2025 |  |  | 4.568 | % |  |  | 4,963,750 |  |  |  | 4,973,750 |  |  |  | 2.21 |  |  |  | 5,000,000 |
L3Harris Technologies, Inc. | January 21, 2025 |  |  | 4.560 | % |  |  | 9,960,000 |  |  |  | 9,975,000 |  |  |  | 4.44 |  |  |  | 10,000,000 |
VW Credit, Inc. | January 22, 2025 |  |  | 4.671 | % |  |  | 4,962,945 |  |  |  | 4,986,584 |  |  |  | 2.22 |  |  |  | 5,000,000 |
VW Credit, Inc. | February 19, 2025 |  |  | 4.568 | % |  |  | 4,963,750 |  |  |  | 4,969,376 |  |  |  | 2.21 |  |  |  | 5,000,000 |
Total Commercial Paper |  |  |  |  |  | $ | 98,743,140 |  |  | $ | 99,079,332 |  |  |  | 44.10 | % |  |  |  |
Total Cash Equivalents |  |  |  |  |  |  |  |  |  | $ | 181,255,945 |  |  |  | 80.68 | % |  |  |  |
|  | Number of |  |  |  |  |  |  | Percentage of |  |  | Notional Amount |
|  | Contracts |  |  | Fair Value |  |  | Net Assets |  |  | (Long Exposure) |
Commodity futures contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States corn futures contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CBOT corn futures MAY25 |  |  | 974 |  |  | $ | 1,356,124 |  |  |  | 0.60 | % |  | $ | 22,682,025 |
CBOT corn futures JUL25 |  |  | 829 |  |  |  | 580,448 |  |  |  | 0.26 |  |  |  | 19,429,688 |
Total commodity futures contracts |  |  |  |  |  | $ | 1,936,572 |  |  |  | 0.86 | % |  | $ | 42,111,713 |
|  | Number of |  |  |  |  |  |  | Percentage of |  |  | Notional Amount |
Description: Liabilities |  | Contracts |  |  | Fair Value |  |  | Net Assets |  |  | (Long Exposure) |
Commodity futures contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States corn futures contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CBOT corn futures DEC25 |  |  | 1,019 |  |  | $ | 1,955,417 |  |  |  | 0.87 | % |  | $ | 22,609,063 |
United States soybean futures contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CBOT soybean futures MAR25 |  |  | 175 |  |  |  | 272,036 |  |  |  | 0.12 |  |  |  | 8,841,875 |
CBOT soybean futures MAY25 |  |  | 148 |  |  |  | 68,992 |  |  |  | 0.03 |  |  |  | 7,564,650 |
CBOT soybean futures NOV25 |  |  | 172 |  |  |  | 979,998 |  |  |  | 0.44 |  |  |  | 8,817,150 |
United States sugar futures contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
ICE sugar futures MAY25 |  |  | 219 |  |  |  | 617,425 |  |  |  | 0.27 |  |  |  | 4,378,248 |
ICE sugar futures JUL25 |  |  | 192 |  |  |  | 525,725 |  |  |  | 0.23 |  |  |  | 3,763,200 |
ICE sugar futures MAR26 |  |  | 222 |  |  |  | 417,145 |  |  |  | 0.19 |  |  |  | 4,400,928 |
United States wheat futures contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CBOT wheat futures MAY25 |  |  | 1,518 |  |  |  | 2,977,940 |  |  |  | 1.33 |  |  |  | 42,693,750 |
CBOT wheat futures JUL25 |  |  | 1,286 |  |  |  | 358,378 |  |  |  | 0.16 |  |  |  | 36,618,850 |
CBOT wheat futures DEC25 |  |  | 1,430 |  |  |  | 8,638,066 |  |  |  | 3.85 |  |  |  | 42,792,750 |
Total commodity futures contracts |  |  |  |  |  | $ | 16,811,122 |  |  |  | 7.49 | % |  | $ | 182,480,464 |
|  |  |  |  |  |  |  |  |  | Percentage of |  |  |  |  |
Exchange-traded funds* |  | Cost |  |  | Fair Value |  |  | Net Assets |  |  | Shares |
Teucrium Corn Fund |  |  |  |  |  | $ | 2,594,798 |  |  |  | 1.16 | % |  |  | 138,311 |
Teucrium Soybean Fund |  |  |  |  |  |  | 2,619,232 |  |  |  | 1.17 |  |  |  | 122,016 |
Teucrium Sugar Fund |  |  |  |  |  |  | 2,513,606 |  |  |  | 1.12 |  |  |  | 220,370 |
Teucrium Wheat Fund |  |  |  |  |  |  | 2,616,822 |  |  |  | 1.16 |  |  |  | 542,032 |
Total exchange-traded funds |  | $ | 12,632,301 |  |  | $ | 10,344,458 |  |  |  | 4.61 | % |  |  |  |
*The Trust eliminates the Shares owned by the Teucrium Agricultural Fund from its combined statements of assets and liabilities due to the fact that these represent holdings of the Underlying Funds owned by the Teucrium Agricultural Fund, which are included as Shares outstanding of the Underlying Funds. The accompanying notes are an integral part of these financial statements. TEUCRIUM COMMODITY TRUST COMBINED SCHEDULE OF INVESTMENTS December 31, 2023
|  |  |  |  |  |  |  |  |  |  |  |  |  | Percentage of |  |  |  |  |
Description: Assets |  | Yield |  |  | Cost |  |  | Fair Value |  |  | Net Assets |  |  | Shares |
Cash equivalents |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Money market funds |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Bank Deposit Account |  |  | 5.270 | % |  | $ | 39,325,186 |  |  | $ | 39,325,186 |  |  |  | 12.50 | % |  |  | 39,325,186 |
Goldman Sachs Financial Square Government Fund - Institutional Class |  |  | 5.250 | % |  |  | 80,722,654 |  |  |  | 80,722,654 |  |  |  | 25.66 |  |  |  | 80,722,654 |
Total money market funds |  |  |  |  |  | $ | 120,047,840 |  |  | $ | 120,047,840 |  |  |  | 38.16 | % |  |  |  |
| Maturity |  |  |  |  |  |  |  |  |  |  |  |  |  | Percentage of |  |  | Principal |
| Date |  | Yield |  |  | Cost |  |  | Fair Value |  |  | Net Assets |  |  | Amount |
Commercial Paper |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Albemarle Corporation | January 3, 2024 |  |  | 5.770 | % |  | $ | 4,950,475 |  |  | $ | 4,998,428 |  |  |  | 1.59 | % |  |  | 5,000,000 |
Albemarle Corporation | January 4, 2024 |  |  | 5.753 | % |  |  | 4,960,764 |  |  |  | 4,997,646 |  |  |  | 1.59 |  |  |  | 5,000,000 |
Albemarle Corporation | January 8, 2024 |  |  | 5.738 | % |  |  | 4,952,302 |  |  |  | 4,994,526 |  |  |  | 1.59 |  |  |  | 5,000,000 |
Albemarle Corporation | January 11, 2024 |  |  | 5.808 | % |  |  | 4,956,460 |  |  |  | 4,992,083 |  |  |  | 1.59 |  |  |  | 5,000,000 |
Brookfield Infrastructure Holdings (Canada) Inc. | January 9, 2024 |  |  | 5.794 | % |  |  | 4,979,416 |  |  |  | 4,993,666 |  |  |  | 1.59 |  |  |  | 5,000,000 |
Brookfield Infrastructure Holdings (Canada) Inc. | January 16, 2024 |  |  | 5.853 | % |  |  | 4,933,150 |  |  |  | 4,988,062 |  |  |  | 1.59 |  |  |  | 5,000,000 |
Brookfield Infrastructure Holdings (Canada) Inc. | January 30, 2024 |  |  | 5.814 | % |  |  | 3,032,227 |  |  |  | 3,040,948 |  |  |  | 0.97 |  |  |  | 3,055,000 |
Entergy Corporation | March 1, 2024 |  |  | 5.665 | % |  |  | 7,402,875 |  |  |  | 7,430,625 |  |  |  | 2.36 |  |  |  | 7,500,000 |
FMC Corporation | January 19, 2024 |  |  | 5.816 | % |  |  | 7,466,634 |  |  |  | 7,478,550 |  |  |  | 2.38 |  |  |  | 7,500,000 |
General Motors Financial Company, Inc. | January 18, 2024 |  |  | 5.617 | % |  |  | 7,420,795 |  |  |  | 7,480,486 |  |  |  | 2.38 |  |  |  | 7,500,000 |
General Motors Financial Company, Inc. | January 24, 2024 |  |  | 5.661 | % |  |  | 4,941,417 |  |  |  | 4,982,271 |  |  |  | 1.58 |  |  |  | 5,000,000 |
General Motors Financial Company, Inc. | February 9, 2024 |  |  | 5.700 | % |  |  | 7,397,667 |  |  |  | 7,454,648 |  |  |  | 2.37 |  |  |  | 7,500,000 |
Harley-Davidson Financial Services, Inc. | January 9, 2024 |  |  | 5.843 | % |  |  | 4,949,066 |  |  |  | 4,993,634 |  |  |  | 1.59 |  |  |  | 5,000,000 |
Harley-Davidson Financial Services, Inc. | February 1, 2024 |  |  | 5.867 | % |  |  | 7,441,200 |  |  |  | 7,462,800 |  |  |  | 2.37 |  |  |  | 7,500,000 |
Harley-Davidson Financial Services, Inc. | February 14, 2024 |  |  | 5.927 | % |  |  | 7,421,323 |  |  |  | 7,446,741 |  |  |  | 2.37 |  |  |  | 7,500,000 |
National Fuel Gas Company | January 8, 2024 |  |  | 5.867 | % |  |  | 4,960,800 |  |  |  | 4,994,400 |  |  |  | 1.59 |  |  |  | 5,000,000 |
National Fuel Gas Company | January 26, 2024 |  |  | 5.941 | % |  |  | 2,478,948 |  |  |  | 2,489,879 |  |  |  | 0.79 |  |  |  | 2,500,000 |
Oracle Corporation | March 6, 2024 |  |  | 5.562 | % |  |  | 4,934,904 |  |  |  | 4,950,799 |  |  |  | 1.57 |  |  |  | 5,000,000 |
Stanley Black & Decker, Inc. | January 22, 2024 |  |  | 5.807 | % |  |  | 7,437,063 |  |  |  | 7,475,063 |  |  |  | 2.38 |  |  |  | 7,500,000 |
V.F. Corporation | January 17, 2024 |  |  | 5.674 | % |  |  | 4,936,679 |  |  |  | 4,987,645 |  |  |  | 1.59 |  |  |  | 5,000,000 |
V.F. Corporation | January 18, 2024 |  |  | 5.606 | % |  |  | 4,947,292 |  |  |  | 4,987,014 |  |  |  | 1.59 |  |  |  | 5,000,000 |
V.F. Corporation | January 25, 2024 |  |  | 5.910 | % |  |  | 4,928,362 |  |  |  | 4,950,783 |  |  |  | 1.57 |  |  |  | 4,970,000 |
WGL Holdings, Inc. | January 3, 2024 |  |  | 5.793 | % |  |  | 4,981,792 |  |  |  | 4,998,416 |  |  |  | 1.59 |  |  |  | 5,000,000 |
WGL Holdings, Inc. | January 12, 2024 |  |  | 5.849 | % |  |  | 7,461,666 |  |  |  | 7,486,824 |  |  |  | 2.38 |  |  |  | 7,500,000 |
Walgreens Boots Alliance, Inc. | January 12, 2024 |  |  | 6.028 | % |  |  | 7,950,009 |  |  |  | 7,985,529 |  |  |  | 2.54 |  |  |  | 8,000,000 |
Total Commercial Paper |  |  |  |  |  |  | $ | 142,223,286 |  |  | $ | 143,041,466 |  |  |  | 45.50 | % |  |  |  |
Total Cash Equivalents |  |  |  |  |  |  |  |  |  |  | $ | 263,089,306 |  |  |  | 83.66 | % |  |  |  |
|  | Number of |  |  |  |  |  |  | Percentage of |  |  | Notional Amount |
|  | Contracts |  |  | Fair Value |  |  | Net Assets |  |  | (Long Exposure) |
Commodity and Cryptocurrency futures contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States wheat futures contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CBOT wheat futures MAY24 |  |  | 2,018 |  |  | $ | 363,500 |  |  |  | 0.12 | % |  | $ | 64,525,550 |
CBOT wheat futures JUL24 |  |  | 1,711 |  |  |  | 1,873,993 |  |  |  | 0.60 |  |  |  | 55,243,913 |
United States CME Bitcoin futures contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CME Bitcoin futures JAN24 |  |  | 6 |  |  |  | 129,519 |  |  |  | 0.04 |  |  |  | 1,274,550 |
Total commodity and cryptocurrency futures contracts |  |  |  |  |  | $ | 2,367,012 |  |  |  | 0.76 | % |  | $ | 121,044,013 |
|  | Number of |  |  |  |  |  |  | Percentage of |  |  | Notional Amount |
Description: Liabilities |  | Contracts |  |  | Fair Value |  |  | Net Assets |  |  | (Long Exposure) |
Commodity and Cryptocurrency futures contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States corn futures contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CBOT corn futures MAY24 |  |  | 1,171 |  |  | $ | 1,102,254 |  |  |  | 0.35 | % |  | $ | 28,338,200 |
CBOT corn futures JUL24 |  |  | 983 |  |  |  | 384,407 |  |  |  | 0.12 |  |  |  | 24,280,100 |
CBOT corn futures DEC24 |  |  | 1,128 |  |  |  | 695,480 |  |  |  | 0.22 |  |  |  | 28,397,400 |
United States soybean futures contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CBOT soybean futures MAR24 |  |  | 156 |  |  |  | 617,118 |  |  |  | 0.20 |  |  |  | 10,124,400 |
CBOT soybean futures MAY24 |  |  | 133 |  |  |  | 633,749 |  |  |  | 0.20 |  |  |  | 8,693,213 |
CBOT soybean futures NOV24 |  |  | 164 |  |  |  | 140,794 |  |  |  | 0.04 |  |  |  | 10,215,150 |
United States sugar futures contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
ICE sugar futures MAY24 |  |  | 270 |  |  |  | 1,051,261 |  |  |  | 0.33 |  |  |  | 6,175,008 |
ICE sugar futures JUL24 |  |  | 233 |  |  |  | 1,128,473 |  |  |  | 0.36 |  |  |  | 5,326,193 |
ICE sugar futures MAR25 |  |  | 268 |  |  |  | 508,264 |  |  |  | 0.16 |  |  |  | 6,216,314 |
United States wheat futures contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CBOT wheat futures DEC24 |  |  | 1,924 |  |  |  | 4,575,666 |  |  |  | 1.45 |  |  |  | 64,357,800 |
United States CME Bitcoin futures contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
CME Bitcoin futures FEB24 |  |  | 6 |  |  |  | 51,376 |  |  |  | 0.02 |  |  |  | 1,288,500 |
Total commodity and cryptocurrency futures contracts |  |  |  |  |  | $ | 10,888,842 |  |  |  | 3.45 | % |  | $ | 193,412,278 |
|  |  |  |  |  |  |  |  |  | Percentage of |  |  |  |  |
Exchange-traded funds* |  | Cost |  |  | Fair Value |  |  | Net Assets |  |  | Shares |
Teucrium Corn Fund |  |  |  |  |  | $ | 4,567,949 |  |  |  | 1.45 | % |  |  | 211,348 |
Teucrium Soybean Fund |  |  |  |  |  |  | 4,546,758 |  |  |  | 1.45 |  |  |  | 168,219 |
Teucrium Sugar Fund |  |  |  |  |  |  | 4,624,253 |  |  |  | 1.47 |  |  |  | 371,871 |
Teucrium Wheat Fund |  |  |  |  |  |  | 4,662,940 |  |  |  | 1.48 |  |  |  | 779,782 |
Total exchange-traded funds |  | $ | 19,469,359 |  |  | $ | 18,401,900 |  |  |  | 5.85 | % |  |  |  |
*The Trust eliminates the Shares owned by the Teucrium Agricultural Fund from its combined statements of assets and liabilities due to the fact that these represent holdings of the Underlying Funds owned by the Teucrium Agricultural Fund, which are included as Shares outstanding of the Underlying Funds. The accompanying notes are an integral part of these financial statements.

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