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Note 5 - Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2022
Notes Tables  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
  

(i)

  

(ii)

  

(iii) = (i-ii)

  

(iv)

  

(v) = (iii)-(iv)

 
              

Gross Amount Not Offset in the Statement of Assets and Liabilities

     

Description

 

Gross Amount of Recognized Assets

  

Gross Amount Offset in the Statement of Assets and Liabilities

  

Net Amount Presented in the Statement of Assets and Liabilities

  

Futures Contracts Available for Offset

  

Collateral, Due to Broker

  

Net Amount

 

Commodity and Cryptocurrency Price

                        

Corn futures contracts

 $1,585,798  $-  $1,585,798  $1,585,798  $-  $- 

Soybean futures contracts

 $2,520,370  $-  $2,520,370  $-  $-  $2,520,370 

Sugar futures contracts

 $911,329  $-  $911,329  $85,128  $-  $826,201 

Wheat futures contracts

 $3,160,732  $-  $3,160,732  $3,160,732  $-  $- 

Bitcoin futures contracts

 $29,152  $-  $29,152  $-  $-  $29,152 
  

(i)

  

(ii)

  

(iii) = (i-ii)

  

(iv)

  

(v) = (iii)-(iv)

 
              

Gross Amount Not Offset in the Statement of Assets and Liabilities

     

Description

 

Gross Amount of Recognized Liabilities

  

Gross Amount Offset in the Statement of Assets and Liabilities

  

Net Amount Presented in the Statement of Assets and Liabilities

  

Futures Contracts Available for Offset

  

Collateral, Due from Broker*

  

Net Amount

 

Commodity and Cryptocurrency Price

                        

Corn futures contracts

 $2,967,103  $-  $2,967,103  $1,585,798  $1,381,305  $- 

Sugar futures contracts

 $85,128  $-  $85,128  $85,128  $-  $- 

Wheat futures contracts

 $26,380,838  $-  $26,380,838  $3,160,732  $23,220,106  $- 
  

(i)

  

(ii)

  

(iii) = (i-ii)

  

(iv)

  

(v) = (iii)-(iv)

 
              

Gross Amount Not Offset in the Statement of Assets and Liabilities

     

Description

 

Gross Amount of Recognized Assets

  

Gross Amount Offset in the Statement of Assets and Liabilities

  

Net Amount Presented in the Statement of Assets and Liabilities

  

Futures Contracts Available for Offset

  

Collateral, Due to Broker

  

Net Amount

 

Commodity Price

                        

Corn futures contracts

 $5,936,552  $-  $5,936,552  $-  $-  $5,936,552 

Soybean futures contracts

 $2,684,851  $-  $2,684,851  $-  $675,169  $2,009,682 

Sugar futures contracts

 $1,079,226  $-  $1,079,226  $80,506  $-  $998,720 

Wheat futures contracts

 $3,714,672  $-  $3,714,672  $654,969  $213,708  $2,845,995 
  

(i)

  

(ii)

  

(iii) = (i-ii)

  

(iv)

  

(v) = (iii)-(iv)

 
              

Gross Amount Not Offset in the Statement of Assets and Liabilities

     

Description

 

Gross Amount of Recognized Liabilities

  

Gross Amount Offset in the Statement of Assets and Liabilities

  

Net Amount Presented in the Statement of Assets and Liabilities

  

Futures Contracts Available for Offset

  

Collateral, Due from Broker*

  

Net Amount

 

Commodity Price

                        

Sugar futures contracts

 $80,506  $-  $80,506  $80,506  $-  $- 

Wheat futures contracts

 $654,969  $-  $654,969  $654,969  $-  $- 
Derivative Instruments, Gain (Loss) [Table Text Block]
  

Realized Gain (Loss) on Commodity and Cryptocurrency Futures Contracts

  

Net Change in Unrealized (Depreciation) Appreciation on Commodity and Cryptocurrency Futures Contracts

 

Commodity and Cryptocurrency Price

        

Corn futures contracts

 $28,784,977  $(7,317,857)

Soybean futures contracts

  10,362,032   (164,481)

Sugar futures contracts

  (442,477)  (172,519)

Wheat futures contracts

  (81,457,408)  (26,279,809)

Bitcoin futures contracts

  (423,794)  29,152 

Total commodity futures contracts

 $(43,176,670) $(33,905,514)
  

Realized Gain on Commodity Futures Contracts

  

Net Change in Unrealized Depreciation on Commodity Futures Contracts

 

Commodity Price

        

Corn futures contracts

 $65,827,118  $(14,218,054)

Soybean futures contracts

  27,370,674   (12,439,375)

Sugar futures contracts

  6,223,228   (408,983)

Wheat futures contracts

  18,418,461   (2,678,459)

Total commodity futures contracts

 $117,839,481  $(29,744,871)
  

Realized (Loss) Gain on Commodity Futures Contracts

  

Net Change in Unrealized Appreciation on Commodity Futures Contracts

 

Commodity Price

        

Corn futures contracts

 $5,882,216  $19,371,125 

Soybean futures contracts

  14,404,714   14,192,330 

Sugar futures contracts

  (656,937)  1,060,274 

Wheat futures contracts

  5,461,905   669,686 

Total commodity futures contracts

 $25,091,898  $35,293,415