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Condensed Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows from Operating Activities:    
Net income (loss) $ (205,605,648) $ (41,285,033)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Change in unrealized (gain) loss on open commodity futures contracts 22,124,700 61,939,447
(Increase) decrease in dividends receivable 106,904 40,061
(Increase) decrease in interest receivable 5,227 9,670
(Increase) decrease in prepaid insurance [1] (33,652) (16,493)
(Increase) decrease in prepaid registration fees 180,000 (496,097)
(Increase) decrease in ETF transaction fees receivable 1,000 1,000
Increase (decrease) in General Partner management fees payable (13,928) (39,220)
Increase (decrease) in professional fees payable (381,269) (393,667)
Increase (decrease) in brokerage commissions payable 105,456 0
Increase (decrease) in directors' fees payable [1] (7,046) (398)
Increase (decrease) in license fees payable 7,905 (4,678)
Net cash provided by (used in) operating activities (227,759,751) (104,124,302)
Cash Flows from Financing Activities:    
Addition of partnership shares 512,404,146 446,533,840
Redemption of partnership shares (328,415,986) (372,155,453)
Net cash provided by (used in) financing activities 183,988,160 74,378,387
Net Increase (Decrease) in Cash and Cash Equivalents (43,771,591) (29,745,915)
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of period 458,998,451 359,791,174
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of period $ 415,226,860 $ 330,045,259
[1] Certain prior year amounts have been reclassified for consistency with the current presentation.