v3.26.1
Statements of Operations - Teucrium Sugar Fund (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Realized and unrealized gain (loss) on trading of commodity futures contracts:        
Realized Gain on Commodity Futures Contracts $ 5,395,531 $ (8,033,749) $ 9,844,299 $ (11,383,322)
Net Change in Unrealized Depreciation on Commodity Futures Contracts (61,541,179) (1,124,376) (35,942,395) (1,265,461)
Teucrium Sugar Fund [Member]        
Realized and unrealized gain (loss) on trading of commodity futures contracts:        
Realized Gain on Commodity Futures Contracts (5,263,203) (750,468) (6,095,759) (1,251,722)
Net Change in Unrealized Depreciation on Commodity Futures Contracts (2,285,871) (421,808) 472,602 1,089,719
Interest income 646,692 112,041 819,305 244,760
Total income (loss) (6,902,382) (1,060,235) (4,803,852) 82,757
Expenses        
Management fees 182,179 25,999 229,656 57,315
Professional fees 52,843 20,392 83,703 47,973
Distribution and marketing fees 110,844 51,926 165,443 123,349
Custodian fees and expenses 10,656 6,701 20,152 14,530
Business permits and licenses fees 12,720 7,004 16,518 9,509
General and administrative expenses 5,191 5,901 12,313 12,164
Other expenses 0 260 0 260
Total expenses 374,433 118,183 527,785 265,100
Total expenses, net 374,433 118,183 527,785 265,100
Net income (loss) after taxes $ (7,276,815) $ (1,178,418) $ (5,331,637) $ (182,343)
Net increase (decrease) in net asset value per share (in dollars per share) $ (0.64) $ (1.3) $ 0 $ (0.48)
Net income (loss) per weighted average share (in dollars per share) $ (0.97) $ (1.3) $ (1.12) $ (0.18)
Weighted average shares outstanding (in shares) 7,532,143 909,894 4,768,094 991,164