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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash Flows from Operating Activities:      
Net income (loss) $ 108,719,344 $ 14,434,325 $ (5,508,027)
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 (33,279,859) (19,374,784) 26,844,760
(Increase) decrease in dividends receivable 12,772 (12,055) 15,874
(Increase) decrease in interest receivable (655) (5,156) 1,530
(Increase) decrease in prepaid insurance [1] (20) (9) (326)
(Increase) decrease in prepaid registration fees (55,407) 0 0
Increase (decrease) in payable due to Broker 21,925,587 0 (7,565,281)
Increase (decrease) in General Partner management fees payable 74,050 461 (18,959)
Increase (decrease) in professional fees payable 13,106 (7,904) (17,856)
Increase (decrease) in brokerage commissions payable 9,180 0 (3,940)
Increase (decrease) in directors' fees payable [1] 854 150 (317)
Increase (decrease) in license fees payable 6,494 (862) (1,572)
Net cash provided by (used in) operating activities 97,425,446 (4,965,834) 13,745,886
Cash Flows from Financing Activities:      
Addition of partnership shares 302,421,810 2,254,827 0
Redemption of partnership shares (268,903,063) (12,410,743) (35,247,245)
Net cash provided by (used in) financing activities 33,518,747 (10,155,916) (35,247,245)
Net Increase (Decrease) in Cash and Cash Equivalents 130,944,193 (15,121,750) (21,501,359)
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of period 51,606,975 66,728,725 88,230,084
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of period $ 182,551,168 $ 51,606,975 $ 66,728,725
[1] Certain prior year amounts have been reclassified for consistency with the current presentation.