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Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities:        
Net income (loss) $ (22,493,609) $ 38,521,696 $ (1,644,068) $ 18,814,576
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     2,771,130 16,634,600
(Increase) decrease in dividends receivable     1,512 (124,311)
(Increase) decrease in interest receivable     (272,337) 143,785
(Increase) decrease in prepaid insurance     (1,615) (13,634)
(Increase) decrease in ETF transaction fees receivable       350
Increase (decrease) in General Partner management fees payable     41,047 (51,929)
Increase (decrease) in professional fees payable     1,889 (333,994)
Increase (decrease) in brokerage commissions payable       163
Increase (decrease) in directors' fees payable     1,681 (1,446)
Net cash provided by (used in) operating activities     899,239 35,068,160
Cash Flows from Financing Activities:        
Addition of partnership shares     165,054,779 81,754,114
Redemption of partnership shares     (77,155,829) (165,130,104)
Net cash provided by (used in) financing activities     87,898,950 (83,375,990)
Net Increase (Decrease) in Cash and Cash Equivalents     88,798,189 (48,307,830)
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of period     130,936,411 219,126,256
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of period 219,734,600 170,818,426 219,734,600 170,818,426
Components of Cash, Cash Equivalents and Equity in Trading Accounts:        
Cash and cash equivalents 181,511,361 118,327,963 181,511,361 118,327,963
Equity in Trading Accounts:        
Cash and cash equivalents 38,223,239 52,490,463 38,223,239 52,490,463
Total Cash, Cash Equivalents and Equity in Trading Accounts $ 219,734,600 $ 170,818,426 $ 219,734,600 $ 170,818,426