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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:      
Net income (loss) $ 38,362,556 $ 93,336,439 $ 108,719,344
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 22,781,720 17,234,420 (33,279,859)
(Increase) decrease in dividends receivable (87,367) (1,691) 12,772
(Increase) decrease in interest receivable (177,644) 4,171 (655)
(Increase) decrease in prepaid insurance [1] 1,232 (7,848) (20)
(Increase) decrease in prepaid registration fees 0 55,407 (55,407)
(Increase) decrease in ETF transaction fees receivable (350) 0 0
Increase (decrease) in payable due to Broker (11,205,326) (10,720,261) 21,925,587
Increase (decrease) in General Partner management fees payable (21,997) (34,438) 74,050
Increase (decrease) in professional fees payable 136,302 40,157 13,106
Increase (decrease) in brokerage commissions payable 0 0 9,180
Increase (decrease) in directors' fees payable [1] (545) (380) 854
(Increase) decrease in prepaid license fees (3,717) 0 0
Increase (decrease) in license fees payable (4,329) (2,517) 6,494
Increase (decrease) in registration fees payable (96,068) 96,068 0
Net cash provided by (used in) operating activities 49,684,467 99,999,527 97,425,446
Cash Flows from Financing Activities:      
Addition of partnership shares 10,959,517 1,191,280 302,421,810
Redemption of partnership shares (100,133,193) (154,178,247) (268,903,063)
Net cash provided by (used in) financing activities (89,173,676) (152,986,967) 33,518,747
Net Increase (Decrease) in Cash and Cash Equivalents (39,489,209) (52,987,440) 130,944,193
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of year 129,563,728 182,551,168 51,606,975
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of year $ 90,074,519 $ 129,563,728 $ 182,551,168
[1] Certain prior year amounts have been reclassified for consistency with the current presentation.