Note 7 - Financial Highlights

3 Months Ended

Mar. 31, 2026

Notes to Financial Statements

Investment Company, Financial Highlights [Text Block]

Note 7 - Financial Highlights

The following tables present per unit performance data and other supplemental financial data for the three months ended March 31, 2026 and 2025. This information has been derived from information presented in the financial statements and is presented with total expenses gross of expenses waived by the Sponsor and with total expenses net of expenses waived by the Sponsor, as appropriate.

Teucrium Corn Fund:

		*Three months ended*				*Three months ended*
		March 31, 2026				March 31, 2025
Per Share Operation Performance
Net asset value at beginning of period		$	17.73			$	18.76
Income from investment operations:
Interest income			0.17				0.21
Net realized and unrealized gain (loss) on commodity futures contracts			0.58				(0.27	)
Total expenses, net			(0.14	)			(0.17	)
Net increase (decrease) in net asset value			0.61				(0.23	)
Net asset value at end of period		$	18.34			$	18.53
Total Return			3.42	%			-1.24	%
Ratios to Average Net Assets (Annualized)
Total expenses			3.16	%			3.59	%
Total expenses, net			3.16	%			3.59	%
Net investment income			0.61	%			0.70	%

Teucrium Soybean Fund:

		*Three months ended*				*Three months ended*
		*March 31, 2026*				*March 31, 2025*
Per Share Operation Performance
Net asset value at beginning of period		$	21.88			$	21.47
Income from investment operations:
Interest income			0.21				0.23
Net realized and unrealized gain (loss) on commodity futures contracts			2.48				(0.15	)
Total expenses, net			(0.17	)			(0.22	)
Net increase (decrease) in net asset value			2.52				(0.14	)
Net asset value at end of period		$	24.40			$	21.33
Total Return			11.47	%			-0.65	%
Ratios to Average Net Assets (Annualized)
Total expenses			2.94	%			4.04	%
Total expenses, net			2.94	%			4.04	%
Net investment income			0.68	%			0.25	%

Teucrium Sugar Fund:

		*Three months ended*				*Three months ended*
		*March 31, 2026*				*March 31, 2025*
Per Share Operation Performance
Net asset value at beginning of period		$	9.79			$	11.41
Income (loss) from investment operations:
Interest income			0.09				0.12
Net realized and unrealized gain (loss) on commodity futures contracts			0.63				0.83
Total expenses, net			(0.08	)			(0.14	)
Net increase (decrease) in net asset value			0.64				0.81
Net asset value at end of period		$	10.43			$	12.22
Total Return			6.56	%			7.12	%
Ratios to Average Net Assets (Annualized)
Total expenses			3.23	%			4.69	%
Total expenses, net			3.23	%			4.69	%
Net investment income (loss)			0.41	%			-0.45	%

Teucrium Wheat Fund*:

		*Three months ended*				*Three months ended*
		*March 31, 2026*				*March 31, 2025*
Per Share Operation Performance
Net asset value at beginning of period		$	19.99			$	24.14
Income (loss) from investment operations:
Interest income			0.19				0.26
Net realized and unrealized gain (loss) on commodity futures contracts			3.47				(0.78	)
Total expenses, net			(0.17	)			(0.21	)
Net increase (decrease) in net asset value			3.49				(0.73	)
Net asset value at end of period		$	23.48			$	23.41
Total Return			17.45	%			(3.01	%)
Ratios to Average Net Assets (Annualized)
Total expenses			3.21	%			3.39	%
Total expenses, net			3.21	%			3.39	%
Net investment income			0.38	%			0.92	%

*During the year ended December 31, 2025, the Fund effected the following reverse share split: November 25, 2025, a 1 for 5 reverse share split. Per-share information for all prior periods has been retroactively adjusted to reflect this reverse share split.

Teucrium Agricultural Fund:

		*Three months ended*				*Three months ended*
		*March 31, 2026*				*March 31, 2025*
Per Share Operation Performance
Net asset value at beginning of period		$	22.94			$	25.10
Income (loss) from investment operations:
Net realized and unrealized gain (loss) on investment transactions			2.22				0.16
Total expenses, net			0.00				(0.01	)
Net increase (decrease) in net asset value			2.22				0.15
Net asset value at end of period		$	25.16			$	25.25
Total Return			9.68	%			0.60	%
Ratios to Average Net Assets (Annualized)
Total expenses			2.60	%			2.08	%
Total expenses, net			0.10	%			0.10	%
Net investment loss			-0.03	%			-0.10	%

The financial highlights per share data are calculated consistent with the methodology used to calculate asset-based fees and expenses.