v3.26.1
Note 4 - Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2026
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Assets:

 

Level 1

  

Level 2

  

Level 3

  

Balance as of March 31, 2026

 

Cash Equivalents

 $610,196,705  $-  $-  $610,196,705 

Commodity Futures Contracts

                

Corn futures contracts

  130,097   -   -   130,097 

Soybean futures contracts

  1,825,673   -   -   1,825,673 

Sugar futures contracts

  1,607,856   -   -   1,607,856 

Wheat futures contracts

  13,094,464   -   -   13,094,464 

Total

 $626,854,795  $-  $-  $626,854,795 

Liabilities

 

Level 1

  

Level 2

  

Level 3

  

Balance as of March 31, 2026

 

Commodity Futures Contracts

                

Corn futures contracts

 $1,809,947  $-  $-  $1,809,947 

Soybean futures contracts

  20,562   -   -   20,562 

Total

 $1,830,509  $-  $-  $1,830,509 

Assets:

 

Level 1

  

Level 2

  

Level 3

  

Balance as of December 31, 2025

 

Cash Equivalents

 $174,300,148  $-  $-  $174,300,148 

Commodity Futures Contracts

                

Corn futures contracts

  50,255   -   -   50,255 

Total

 $174,350,403  $-  $-  $174,350,403 

Liabilities

 

Level 1

  

Level 2

  

Level 3

  

Balance as of December 31, 2025

 

Cash Equivalents

                

Commodity Futures Contracts

                

Corn futures contracts

 $170,785  $-  $-  $170,785 

Soybean futures contracts

  2,185,227   -   -   2,185,227 

Sugar futures contracts

  1,150,617   -   -   1,150,617 

Wheat futures contracts

  7,314,828   -   -   7,314,828 

Total

 $10,821,457  $-  $-  $10,821,457 
Teucrium Agricultural Fund [Member]  
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
              

Balance as of

 

Assets:

 

Level 1

  

Level 2

  

Level 3

  

March 31, 2026

 

Exchange Traded Funds

 $30,495,559  $-  $-  $30,495,559 

Cash Equivalents

  13,421   -   -   13,421 

Total

 $30,508,980  $-  $-  $30,508,980 
              

Balance as of

 

Assets:

 

Level 1

  

Level 2

  

Level 3

  

December 31, 2025

 

Exchange Traded Funds

 $6,298,329  $-  $-  $6,298,329 

Cash Equivalents

  13,162   -   -   13,162 

Total

 $6,311,491  $-  $-  $6,311,491 
Teucrium Wheat Fund [Member]  
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
              

Balance as of

 

Assets:

 

Level 1

  

Level 2

  

Level 3

  

March 31, 2026

 

Cash Equivalents

 $242,928,414  $-  $-  $242,928,414 

Commodity Futures Contracts

                

Wheat futures contracts

  13,094,464   -   -   13,094,464 

Total

 $256,022,878  $-  $-  $256,022,878 
              

Balance as of

 

Assets:

 

Level 1

  

Level 2

  

Level 3

  

December 31, 2025

 

Cash Equivalents

 $95,847,053  $-  $-  $95,847,053 
              

Balance as of

 

Liabilities

 

Level 1

  

Level 2

  

Level 3

  

December 31, 2025

 

Commodity Futures Contracts

                

Wheat futures contracts

 $7,314,828  $-  $-  $7,314,828 
Teucrium Sugar Fund [Member]  
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
              

Balance as of

 

Assets:

 

Level 1

  

Level 2

  

Level 3

  

March 31, 2026

 

Cash Equivalents

 $58,354,296  $-  $-  $58,354,296 

Commodity Futures Contracts

                

Sugar futures contracts

  1,607,856   -   -   1,607,856 

Total

 $59,962,152  $-  $-  $59,962,152 
              

Balance as of

 

Assets:

 

Level 1

  

Level 2

  

Level 3

  

December 31, 2025

 

Cash Equivalents

 $11,575,953  $-  $-  $11,575,953 

Sugar futures contracts

  -   -   -   - 

Total

 $11,575,953  $-  $-  $11,575,953 
              

Balance as of

 

Liabilities

 

Level 1

  

Level 2

  

Level 3

  

December 31, 2025

 

Commodity Futures Contracts

                

Sugar futures contracts

 $1,150,617  $-  $-  $1,150,617 
Teucrium Soybean Fund [Member]  
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
              

Balance as of

 

Assets:

 

Level 1

  

Level 2

  

Level 3

  

March 31, 2026

 

Cash Equivalents

 $47,384,656  $-  $-  $47,384,656 

Commodity Futures Contracts

                

Soybean futures contracts

  1,825,673   -   -   1,825,673 

Total

 $49,210,329  $-  $-  $49,210,329 
              

Balance as of

 

Liabilities

 

Level 1

  

Level 2

  

Level 3

  

March 31, 2026

 

Commodity Futures Contracts

                

Soybean futures contracts

 $20,562  $-  $-  $20,562 
              

Balance as of

 

Assets:

 

Level 1

  

Level 2

  

Level 3

  

December 31, 2025

 

Cash Equivalents

 $33,084,870  $-  $-  $33,084,870 
              

Balance as of

 

Liabilities

 

Level 1

  

Level 2

  

Level 3

  

December 31, 2025

 

Commodity Futures Contracts

                

Soybean futures contracts

 $2,185,227  $-  $-  $2,185,227 
Teucrium Corn Fund [Member]  
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
              

Balance as of

 

Assets:

 

Level 1

  

Level 2

  

Level 3

  

March 31, 2026

 

Cash Equivalents

 $261,515,919  $-  $-  $261,515,919 

Commodity Futures Contracts

                

Corn futures contracts

  130,097   -   -   130,097 

Total

 $261,646,016  $-  $-  $261,646,016 
              

Balance as of

 

Liabilities

 

Level 1

  

Level 2

  

Level 3

  

March 31, 2026

 

Commodity Futures Contracts

                

Corn futures contracts

 $1,809,947  $-  $-  $1,809,947 
              

Balance as of

 

Assets:

 

Level 1

  

Level 2

  

Level 3

  

December 31, 2025

 

Cash Equivalents

 $33,779,110  $-  $-  $33,779,110 

Commodity Futures Contracts

                

Corn futures contracts

  50,255   -   -   50,255 

Total

 $33,829,365  $-  $-  $33,829,365 
              

Balance as of

 

Liabilities

 

Level 1

  

Level 2

  

Level 3

  

December 31, 2025

 

Commodity Futures Contracts

                

Corn futures contracts

 $170,785  $-  $-  $170,785