Ceres Tactical Commodity 10-Q9 Aug 242024 Q2 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	6 Months Ended
Cover Page - shares	Jun. 30, 2024	Jul. 31, 2024
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Entity Registrant Name	CERES TACTICAL COMMODITY L.P.
Entity Central Index Key	0001325676
Current Fiscal Year End Date	--12-31
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	000-52602
Entity Incorporation, State or Country Code	NY
Entity Tax Identification Number	20-2718952
Entity Address, Address Line One	1585 Broadway
Entity Address, Address Line Two	29th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10036
City Area Code	855
Local Phone Number	672-4468
Entity Interactive Data Current	Yes
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		50,564.2067
Class D [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		100.058
Class Z [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		542.422

Statements of Financial Conditi

Statements of Financial Condition - USD ($)		Jun. 30, 2024	Dec. 31, 2023
Assets:
Investment in the Funds, at fair value	[1]	$ 29,844,176	$ 28,018,100
Redemptions receivable from the Funds		594,275	1,578,543
Equity in trading account:
Unrestricted cash		104,599,767	110,838,491
Restricted cash		8,443,644	9,951,077
Foreign cash (cost $372,464 and $736,239 at June 30, 2024 and December 31, 2023, respectively)		381,251	748,848
Net unrealized appreciation on open contracts		0	170,489
Options purchased, at fair value (premiums paid $2,694,115 and $2,627,087 at June 30, 2024 and December 31, 2023, respectively)	[2]	2,568,628	2,088,771
Total equity in trading account		115,993,290	123,797,676
Interest receivable		448,984	503,125
Total assets		146,880,725	153,897,444
Liabilities:
Net unrealized depreciation on open futures contracts		1,027,739	0
Options written, at fair value (premiums received $1,202,305 and $1,845,760 at March 31, 2024 and December 31, 2023, respectively)	[3]	2,684,185	1,596,340
Accrued expenses:
Ongoing selling agent fees		87,699	93,449
Management fees		138,667	149,063
General Partner fees		89,293	95,011
Incentive fees		460,558	513,460
Professional fees		211,938	190,288
Redemptions payable to General Partner		75,097	74,997
Redemptions payable to Limited Partners		1,510,645	6,611,937
Total liabilities		6,285,821	9,324,545
Partners' Capital:
Total partners' capital (net asset value)		140,594,904	144,572,899
Total liabilities and partners' capital		146,880,725	153,897,444
Futures [Member]
Equity in trading account:
Net unrealized appreciation on open contracts		0	165,641
Liabilities:
Net unrealized depreciation on open futures contracts		894,399	0
Forwards [Member]
Liabilities:
Net unrealized depreciation on open futures contracts		133,340	0
Class Z [Member]
Partners' Capital:
General Partner		1,524,332	1,588,201
Limited Partners		1,232,876	1,101,929
Total partners' capital (net asset value)		$ 2,757,208	$ 2,690,130
Net asset value per Redeemable Unit		$ 2,272.91	$ 2,256.96
Class A [Member]
Partners' Capital:
Limited Partners		$ 137,620,332	$ 141,666,113
Total partners' capital (net asset value)		$ 137,620,332	$ 141,666,113
Net asset value per Redeemable Unit		$ 2,739.56	$ 2,730.63
Class D [Member]
Partners' Capital:
Limited Partners		$ 217,364	$ 216,656
Total partners' capital (net asset value)		$ 217,364	$ 216,656
Net asset value per Redeemable Unit		$ 2,172.39	$ 2,165.3

[1]Defined in Note 1.[2]This amount is in “Options purchased, at fair value” in the Statements of Financial Condition.[3]This amount is in “Options written, at fair value” in the Statements of Financial Condition.

Statements of Financial Condi_2

Statements of Financial Condition (Parenthetical) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Options purchased, premiums paid	$ 2,694,115	$ 2,627,087
Options written, premiums received	$ 1,476,160	$ 1,845,760
General Partner Redeemable Units outstanding	670.652	703.692
Cash denominated in foreign currencies, proceeds	$ 372,464	$ 736,239
Class Z [Member]
Limited Partners Redeemable Units outstanding	542.422	488.237
Class A [Member]
Limited Partners Redeemable Units outstanding	50,234.4437	51,880.4717
Class D [Member]
Limited Partners Redeemable Units outstanding	100.058	100.058

Condensed Schedule of Investmen

Condensed Schedule of Investments		Jun. 30, 2024 USD ($) Contract		Dec. 31, 2023 USD ($) Contract
Schedule of Investments [Line Items]
Investment, Fair Value	[1]	$ 29,844,176		$ 28,018,100
Percentage of Partners' Capital		21.23%		19.38%
Futures [Member]
Schedule of Investments [Line Items]
Net unrealized depreciation on open contracts		$ (894,399)		$ 165,641
Percentage of Partners' Capital		(0.64%)		0.11%
Contracts Purchased [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Investment, Fair Value		$ (1,231,375)		$ (3,174,409)
Percentage of Partners' Capital		(0.88%)		(2.20%)
Contracts Purchased [Member] \| Option [Member]
Schedule of Investments [Line Items]
Investment, Fair Value		$ 2,568,628		$ 2,088,771
Percentage of Partners' Capital		1.83%		1.44%
Contracts Sold [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Investment, Fair Value		$ 336,976		$ 3,340,050
Percentage of Partners' Capital		0.24%		2.31%
Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Investment, Fair Value		$ (2,684,185)		$ (1,596,340)
Percentage of Partners' Capital		(1.91%)		(1.10%)
Metals [Member] \| Contracts Purchased [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		96		156
Investment, Fair Value		$ 43,380		$ 109,953
Percentage of Partners' Capital		0.03%		0.08%
Metals [Member] \| Contracts Sold [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		79		99
Investment, Fair Value		$ (11,388)		$ (13,604)
Percentage of Partners' Capital		(0.01%)		(0.01%)
Currencies [Member] \| Contracts Purchased [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		83		54
Investment, Fair Value		$ (11,060)		$ 65,865
Percentage of Partners' Capital		(0.01%)		0.04%
Currencies [Member] \| Contracts Sold [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		75		51
Investment, Fair Value		$ (11,025)		$ (87,314)
Percentage of Partners' Capital		(0.01%)		(0.05%)
Energy [Member] \| Contracts Purchased [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		1,590
Investment, Fair Value		$ 40,927
Percentage of Partners' Capital		0.03%
Energy [Member] \| Contracts Sold [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		1,456		1,437
Investment, Fair Value		$ (391,522)		$ 1,927,828
Percentage of Partners' Capital		(0.27%)		1.33%
BRENT CRUDE FUTR MAR24 [Member] \| Contracts Purchased [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract				671
Investment, Fair Value				$ (1,457,610)
Percentage of Partners' Capital				(1.01%)
Grains [Member] \| Contracts Purchased [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		169		1,085
Investment, Fair Value		$ (254,330)		$ (417,295)
Percentage of Partners' Capital		(0.18%)		(0.29%)
Grains [Member] \| Contracts Sold [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		806		2,165
Investment, Fair Value		$ 717,770		$ 1,590,744
Percentage of Partners' Capital		0.51%		1.10%
Other [Member] \| Contracts Purchased [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract				706
Investment, Fair Value				$ (1,409,039)
Percentage of Partners' Capital				(0.97%)
Livestock [Member] \| Contracts Purchased [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		115		85
Investment, Fair Value		$ 17,775		$ (52,130)
Percentage of Partners' Capital		0.01%		(0.04%)
Livestock [Member] \| Contracts Sold [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		109		104
Investment, Fair Value		$ 16,291		$ 62,985
Percentage of Partners' Capital		0.01%		0.04%
Softs [Member] \| Contracts Purchased [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		368		271
Investment, Fair Value		$ (1,068,067)		$ (14,153)
Percentage of Partners' Capital		(0.76%)		(0.01%)
Softs [Member] \| Contracts Sold [Member] \| Futures [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		370		455
Investment, Fair Value		$ 16,850		$ (140,589)
Percentage of Partners' Capital		0.01%		(0.10%)
Forwards [Member]
Schedule of Investments [Line Items]
Net unrealized depreciation on open contracts		$ (133,340)	[2]	$ 4,848	[3]
Total unrealized appreciation on open contracts		1,633,933		1,662,827
Total unrealized depreciation on open contracts		$ (1,767,273)		$ (1,657,979)
Percentage of Partners' Capital		(0.09%)		0%
Forwards [Member] \| Metals [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		$ 1,633,933		$ 1,662,827
Total unrealized depreciation on open contracts		(1,767,273)		(1,657,979)
CMFNL Master Fund LLC [Member]
Schedule of Investments [Line Items]
Investment, Fair Value		$ 9,109,533		$ 11,558,658
Percentage of Partners' Capital		6.48%		8%
CMF Drakewood Master Fund LLC [Member]
Schedule of Investments [Line Items]
Investment, Fair Value		$ 20,734,643		$ 16,459,442
Percentage of Partners' Capital		14.75%		11.38%
Assets [Member] \| Forwards [Member]
Schedule of Investments [Line Items]
Total unrealized appreciation on open contracts		$ 1,633,933		$ 1,662,827
Percentage of Partners' Capital		1.16%		1.15%
Assets [Member] \| Forwards [Member] \| Metals [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		332		462
Total unrealized appreciation on open contracts		$ 1,633,933		$ 1,662,827
Percentage of Partners' Capital		1.16%		1.15%
Calls [Member] \| Metals [Member] \| Contracts Purchased [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		8		18
Investment, Fair Value		$ 7,440		$ 4,352
Percentage of Partners' Capital		0.01%		0%	[4]
Calls [Member] \| Metals [Member] \| Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		15		18
Investment, Fair Value		$ (26,952)		$ (4,352)
Percentage of Partners' Capital		(0.02%)		0%	[4]
Calls [Member] \| Energy [Member] \| Contracts Purchased [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		34		17
Investment, Fair Value		$ 77,180		$ 51,510
Percentage of Partners' Capital		0.05%		0.04%
Calls [Member] \| Energy [Member] \| Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		5
Investment, Fair Value		$ (6,600)
Percentage of Partners' Capital	[4]	0%
Calls [Member] \| Grains [Member] \| Contracts Purchased [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		296		16
Investment, Fair Value		$ 53,650		$ 900
Percentage of Partners' Capital		0.04%		0%	[4]
Calls [Member] \| Grains [Member] \| Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		604		218
Investment, Fair Value		$ (263,150)		$ (137,612)
Percentage of Partners' Capital		(0.19%)		(0.10%)
Calls [Member] \| Livestock [Member] \| Contracts Purchased [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		42		545
Investment, Fair Value		$ 33,165		$ 164,590
Percentage of Partners' Capital		0.02%		0.11%
Calls [Member] \| Livestock [Member] \| Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		8		109
Investment, Fair Value		$ (9,600)		$ (34,880)
Percentage of Partners' Capital		(0.01%)		(0.02%)
Calls [Member] \| Softs [Member] \| Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		76		75
Investment, Fair Value		$ (1,469,549)		$ (566,133)
Percentage of Partners' Capital		(1.05%)		(0.38%)
Puts [Member] \| Metals [Member] \| Contracts Purchased [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		19		37
Investment, Fair Value		$ 35,282		$ 26,645
Percentage of Partners' Capital		0.03%		0.02%
Puts [Member] \| Metals [Member] \| Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		26		37
Investment, Fair Value		$ (51,022)		$ (26,645)
Percentage of Partners' Capital		(0.04%)		(0.02%)
Puts [Member] \| Energy [Member] \| Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		10		59
Investment, Fair Value		$ (33,260)		$ (356,360)
Percentage of Partners' Capital		(0.02%)		(0.25%)
Puts [Member] \| Grains [Member] \| Contracts Purchased [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		740		763
Investment, Fair Value		$ 1,985,975		$ 1,816,894
Percentage of Partners' Capital		1.41%		1.25%
Puts [Member] \| Grains [Member] \| Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		527		793
Investment, Fair Value		$ (600,562)		$ (431,038)
Percentage of Partners' Capital		(0.43%)		(0.30%)
Puts [Member] \| Livestock [Member] \| Contracts Purchased [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		444
Investment, Fair Value		$ 278,240
Percentage of Partners' Capital		0.20%
Puts [Member] \| Livestock [Member] \| Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		165		20
Investment, Fair Value		$ (174,530)		$ (39,320)
Percentage of Partners' Capital		(0.12%)		(0.03%)
Puts [Member] \| Softs [Member] \| Contracts Purchased [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		60		16
Investment, Fair Value		$ 97,696		$ 23,880
Percentage of Partners' Capital		0.07%		0.02%
Puts [Member] \| Softs [Member] \| Contracts Sold [Member] \| Option [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		12
Investment, Fair Value		$ (48,960)
Percentage of Partners' Capital		(0.03%)
Liabilities [Member] \| Forwards [Member]
Schedule of Investments [Line Items]
Total unrealized depreciation on open contracts		$ (1,767,273)		$ (1,657,979)
Percentage of Partners' Capital		(1.25%)		(1.15%)
Liabilities [Member] \| Forwards [Member] \| Metals [Member]
Schedule of Investments [Line Items]
Number of Contracts \| Contract		349		444
Total unrealized depreciation on open contracts		$ (1,767,273)		$ (1,657,979)
Percentage of Partners' Capital		(1.25%)		(1.15%)

[1]Defined in Note 1.[2]This amount is in “Net unrealized depreciation on open forward contracts” in the Statements of Financial Condition.[3]This amount is in “Net unrealized appreciation on open forward contracts” in the Statements of Financial Condition.[4]Due to rounding.

Condensed Schedule of Investm_2

Condensed Schedule of Investments (Parenthetical) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Schedule of Investments [Abstract]
Options purchased, premium paid	$ 2,694,115	$ 2,627,087
Options written, premium received	$ 1,476,160	$ 1,845,760

Statements of Income and Expens

Statements of Income and Expenses - USD ($)		3 Months Ended		6 Months Ended
Statements of Income and Expenses - USD ($)		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Investment Income:
Interest income		$ 1,397,449	$ 1,342,380	$ 2,870,946	$ 2,620,295
Interest income allocated from the Funds		307,900	300,612	612,768	521,750
Total investment income		1,705,349	1,642,992	3,483,714	3,142,045
Expenses:
Expenses allocated from the Funds		58,509	38,835	97,215	75,846
Clearing fees related to direct investments		248,671	202,748	443,525	385,983
Ongoing selling agent fees		265,579	282,132	540,204	564,725
Management fees		419,811	454,776	855,897	896,364
General Partner fees		270,337	289,137	549,734	578,791
Incentive fees		(195,747)	560,460	460,557	684,947
Professional fees		131,676	112,797	264,495	226,411
Total expenses		1,198,836	1,940,885	3,211,627	3,413,067
Net investment income (loss)		506,513	(297,893)	272,087	(271,022)
Net gains (losses) on trading of commodity interests and investments in the Funds:
Net realized gains (losses) on closed contracts		(750,867)	1,340,072	4,471,720	223,038
Net realized gains (losses) on closed contracts allocated from the Funds		434,333	(1,022,193)	635,455	(1,919,973)
Net change in unrealized gains (losses) on open contracts		(1,536,402)	291,129	(2,246,666)	(449,832)
Net change in unrealized gains (losses) on open contracts allocated from the Funds		(1,538,152)	873,255	(2,588,713)	284,313
Total trading results		(3,391,088)	1,482,263	271,796	(1,862,454)
Net income (loss)		(2,884,575)	1,184,370	543,883	(2,133,476)
Class A [Member]
Net gains (losses) on trading of commodity interests and investments in the Funds:
Net income (loss)		$ (2,828,569)	$ 1,135,846	$ 526,000	$ (2,074,560)
Net income (loss) per Redeemable Unit	[1]	$ (55.36)	$ 20.54	$ 8.93	$ (37.52)
Weighted average Redeemable Units outstanding		51,007.4707	55,341.3217	51,401.4252	55,346.5517
Class D [Member]
Net gains (losses) on trading of commodity interests and investments in the Funds:
Net income (loss)		$ (4,393)	$ 9,771	$ 708	$ (17,857)
Net income (loss) per Redeemable Unit	[1]	$ (43.89)	$ 16.28	$ 7.09	$ (29.76)
Weighted average Redeemable Units outstanding		100.058	600.058	100.058	600.058
Class Z [Member]
Net gains (losses) on trading of commodity interests and investments in the Funds:
Net income (loss)		$ (51,613)	$ 38,753	$ 17,175	$ (41,059)
Net income (loss) per Redeemable Unit	[1]	$ (41.56)	$ 21.04	$ 15.95	$ (22.47)
Weighted average Redeemable Units outstanding		1,242.489	1,841.463	1,231.6457	1,839.9165

[1]Represents the change in net asset value per Redeemable Unit during the period.

Statements of Changes in Partne

Statements of Changes in Partners' Capital - USD ($)	Total	Class A [Member]	Class D [Member]	Class Z [Member]	General Partner [Member]	General Partner [Member] Class Z [Member]	Limited Partners [Member]	Limited Partners [Member] Class A [Member]	Limited Partners [Member] Class D [Member]	Limited Partners [Member] Class Z [Member]
Partners' Capital, beginning of period at Dec. 31, 2022	$ 155,036,001	$ 149,662,300	$ 1,295,117	$ 4,078,584
Partners' Capital, Redeemable Units, beginning of period at Dec. 31, 2022	57,413.8607	54,987.0707	600.058	1,826.732
Subscriptions							$ 4,479,619	$ 4,417,119		$ 62,500
Subscriptions, Redeemable Units							1,667.352	1,639.212		28.14
Redemptions							$ (8,183,419)	$ (6,093,288)	$ (500,212)	$ (1,589,919)
Redemptions, Redeemable Units							(3,222.025)	(2,267.818)	(235)	(719.207)
Net income (loss)	$ (2,133,476)	$ (2,074,560)	$ (17,857)	$ (41,059)
Partners' Capital, end of period at Jun. 30, 2023	$ 149,198,725	$ 145,911,571	$ 777,048	$ 2,510,106
Partners' Capital, Redeemable Units, end of period at Jun. 30, 2023	55,859.1877	54,358.4647	365.058	1,135.665
Partners' Capital, beginning of period at Mar. 31, 2023	$ 152,731,033	$ 147,432,201	$ 1,267,489	$ 4,031,343
Partners' Capital, Redeemable Units, beginning of period at Mar. 31, 2023	57,789.9727	55,348.4517	600.058	1,841.463
Subscriptions							$ 890,840	$ 890,840
Subscriptions, Redeemable Units							333.031	333.031
Redemptions							$ (5,607,518)	$ (3,547,316)	$ (500,212)	$ (1,559,990)
Redemptions, Redeemable Units							(2,263.816)	(1,323.018)	(235)	(705.798)
Net income (loss)	$ 1,184,370	$ 1,135,846	$ 9,771	$ 38,753
Partners' Capital, end of period at Jun. 30, 2023	$ 149,198,725	$ 145,911,571	$ 777,048	$ 2,510,106
Partners' Capital, Redeemable Units, end of period at Jun. 30, 2023	55,859.1877	54,358.4647	365.058	1,135.665
Partners' Capital, beginning of period at Dec. 31, 2023	$ 144,572,899	$ 141,666,113	$ 216,656	$ 2,690,130
Partners' Capital, Redeemable Units, beginning of period at Dec. 31, 2023	53,172.4587	51,880.4717	100.058	1,191.929
Subscriptions							$ 1,360,000	$ 1,235,000		$ 125,000
Subscriptions, Redeemable Units							498.759	444.574		54.185
Redemptions					$ (75,097)	$ (75,097)	$ (5,806,781)	$ (5,806,781)
Redemptions, Redeemable Units					(33.04)	(33.04)	(2,090.602)	(2,090.602)
Net income (loss)	$ 543,883	$ 526,000	$ 708	$ 17,175
Partners' Capital, end of period at Jun. 30, 2024	$ 140,594,904	$ 137,620,332	$ 217,364	$ 2,757,208
Partners' Capital, Redeemable Units, end of period at Jun. 30, 2024	51,547.5757	50,234.4437	100.058	1,213.074
Partners' Capital, beginning of period at Mar. 31, 2024	$ 145,962,408	$ 142,881,733	$ 221,757	$ 2,858,918
Partners' Capital, Redeemable Units, beginning of period at Mar. 31, 2024	52,457.2137	51,121.9167	100.058	1,235.239
Subscriptions							$ 425,000	$ 400,000		$ 25,000
Subscriptions, Redeemable Units							154.723	143.848		10.875
Redemptions					$ (75,097)	$ (75,097)	$ (2,832,832)	$ (2,832,832)
Redemptions, Redeemable Units					(33.04)	(33.04)	(1,031.321)	(1,031.321)
Net income (loss)	$ (2,884,575)	$ (2,828,569)	$ (4,393)	$ (51,613)
Partners' Capital, end of period at Jun. 30, 2024	$ 140,594,904	$ 137,620,332	$ 217,364	$ 2,757,208
Partners' Capital, Redeemable Units, end of period at Jun. 30, 2024	51,547.5757	50,234.4437	100.058	1,213.074

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	3 Months Ended		6 Months Ended
Pay vs Performance Disclosure - USD ($)	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ (2,884,575)	$ 1,184,370	$ 543,883	$ (2,133,476)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Jun. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Organization

Organization	6 Months Ended
Organization	Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	1. Organization: Ceres Tactical Commodity L.P. (the “Partnership”) is a limited partnership organized on April 20, 2005 under the partnership laws of the State of New York to engage, directly and indirectly, in the speculative trading of commodity interests on United States (“U.S.”) and international futures, options on futures and forward markets. The Partnership may also engage, directly or indirectly, in swap transactions and other derivative transactions with the approval of the General Partner (as defined below). Initially, the Partnership’s investment strategy focused on energy and energy-related investments. While the Partnership is expected to continue to have significant exposure to energy and energy-related markets, such trading will no longer be the Partnership’s primary focus. Therefore, the Partnership’s past trading performance will not necessarily be indicative of future results. The sectors traded include energy, grains, livestock, metals and softs. The commodity interests that are traded by the Partnership, directly or indirectly through its investment in the Funds (as defined below) are volatile and involve a high degree of market risk. The General Partner may also determine to invest up to all of the Partnership’s assets (directly or indirectly through its investment in the Funds) in U.S. Treasury bills and/or money market mutual funds, including money market mutual funds managed by Morgan Stanley or its affiliates. During the initial offering period, the Partnership sold 11,925 redeemable units of limited partnership interest (“Redeemable Units”). The Partnership commenced trading on September 6, 2005. The Partnership privately and continuously offers Redeemable Units to qualified investors. There is no maximum number of Redeemable Units that may be sold by the Partnership. Ceres Managed Futures LLC, a Delaware limited liability company, acts as the general partner (the “General Partner”) and commodity pool operator of the Partnership, is the trading manager (the “Trading Manager”) of NL Master (as defined below) and Drakewood Master (as defined below). The General Partner is a wholly-owned subsidiary of Morgan Stanley Capital Management LLC (“MSCM”). MSCM is ultimately owned by Morgan Stanley. Morgan Stanley is a publicly held company whose shares are listed on the New York Stock Exchange. Morgan Stanley is engaged in various financial services and other businesses. As of June 30, 2024, all trading decisions are made for the Partnership by Millburn Ridgefield Corporation (“Millburn”), Ospraie Management, LLC (“Ospraie”), Northlander Commodity Advisors LLP (“Northlander”), Drakewood Capital Management Limited (“Drakewood”), EMC Capital Advisors, LLC (“EMC”) and Opus Futures, LLC (“Opus”) (each, an “Advisor” and, collectively, the “Advisors”), each, a registered commodity trading advisor, or has otherwise represented that it is exempt from registration as a commodity trading advisor. Each Advisor is allocated a portion of the Partnership’s assets to manage. The Partnership invests the portion of its assets allocated to each of the Advisors either directly, through individually managed accounts, or indirectly through its investment in the Funds. The Advisors are not affiliated with one another, are not affiliated with the General Partner and MS&Co. and are not responsible for the organization or operation of the Partnership. As of June 13, 2018, the Partnership began offering three classes of limited partnership interests, Class A Redeemable Units, Class D Redeemable Units and Class Z Redeemable Units. All Redeemable Units issued prior to October 31, 2016 were deemed “Class A Redeemable Units.” Class Z Redeemable Units were first issued on January 1, 2017. The rights, liabilities, risks and fees associated with investment in the Class A Redeemable Units were not changed. Class D Redeemable Units were first issued on July 1, 2018. The rights, liabilities, risks and fees associated with investment in the Class A Redeemable Units and Class Z Redeemable Units were not changed. Class A Redeemable Units, Class D Redeemable Units and Class Z Redeemable Units will each be referred to as a “Class” and collectively referred to as the “Classes.” Class A Redeemable Units are and Class D Redeemable Units were available to taxable U.S. individuals and institutions, U.S. tax exempt individuals and institutions and non-U.S. During the reporting periods ended June 30, 2024 and 2023, the Partnership’s/Funds’ commodity broker was Morgan Stanley & Co. LLC (“MS&Co.”), a registered futures commission merchant. Opus, EMC, Millburn and Ospraie directly trade the Partnership’s assets allocated to each Advisor through managed accounts in the name of the Partnership pursuant to Opus’s Advanced Ag Program, EMC’s Commodity Program, Millburn’s Commodity Program and Ospraie’s Commodity Program, respectively. The Partnership, CMF NL Master Fund LLC (“NL Master”) and CMF Drakewood Master Fund LLC (“Drakewood Master”) have entered into futures brokerage account agreements with MS&Co. NL Master and Drakewood Master are collectively referred to as the “Funds.” The Partnership, directly and through its investment in the Funds, pays MS&Co. (or will reimburse MS&Co. if previously paid) its allocable share of all trading fees for the clearing and, where applicable, the execution of transactions as well as exchange, user, give-up, The Partnership has also entered into a selling agreement (as amended, the “Selling Agreement”) with Morgan Stanley Wealth Management. Pursuant to the Selling Agreement, the Partnership pays Morgan Stanley Wealth Management a monthly ongoing selling agent fee equal to 0.75% per year of the adjusted month-end Effective January 1, 2021, the management fee paid to Millburn was reduced to 1/12 of 1.0% (1.0% per year) of the adjusted month-end The General Partner fees, management fees, incentive fees and professional fees of the Partnership are allocated proportionally to each Class based on the net asset value of each Class. The General Partner has delegated certain administrative functions to SS&C Technologies, Inc., a Delaware corporation, currently doing business as SS&C GlobeOp (the “Administrator”). Pursuant to a master services agreement, the Administrator furnishes certain administrative, accounting, regulatory reporting, tax and other services as agreed from time to time. In addition, the Administrator maintains certain books and records of the Partnership. The cost of retaining the Administrator is allocated among the pools operated by the General Partner, including the Partnership.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	2. Basis of Presentation and Summary of Significant Accounting Policies: The accompanying financial statements and accompanying notes are unaudited but, in the opinion of the General Partner, include all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the Partnership’s financial condition at June 30, 2024 and the results of its operations and changes in partners’ capital for the three and six months ended June 30, 2024 and 2023. These financial statements present the results of interim periods and do not include all disclosures normally provided in annual financial statements. These financial statements should be read together with the financial statements and notes included in the Partnership’s Annual Report on Form 10-K 10-K”) Due to the nature of commodity trading, the results of operations for the interim periods presented should not be considered indicative of the results that may be expected for the entire year. Use of Estimates. liabilities Profit Allocation. Statement of Cash Flows. “Statement of Cash Flows.” Partnership’s Investment in the Funds. Partnership’s/Funds’ Derivative Investments. first-in, first-out The Partnership/Funds do not isolate the portion of the results of operations arising from the effect of changes in foreign exchange rates on investments due to fluctuations from changes in market prices of investments held. Such fluctuations are included in total trading results in the Partnership’s/Funds’ Statements of Income and Expenses. Partnership’s Cash Income Taxes. “Income Taxes,” “more-likely-than-not” more-likely-than-not The 2020 through 2023 Investment Company Status 2013-08 “ Financial Net Income (Loss) per Redeemable Unit. “Financial Services – Investment Companies.” There have been no material changes with respect to the Partnership’s critical accounting policies as reported in the Partnership’s Annual Report on Form 10-K

Financial Highlights

Financial Highlights	6 Months Ended
Financial Highlights	Jun. 30, 2024
Investment Company [Abstract]
Financial Highlights	3. Financial Highlights: Financial highlights for the limited partner Classes as a whole for the three and six months ended June 30, 2024 and 2023 were as follows. Three Months Ended Three Months Ended Six Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 Class A Class D Class Z Class A Class D Class Z Class A Class D Class Z Class A Class D Class Z Per Redeemable Unit Performance (for a unit outstanding throughout the period): * Net realized and unrealized gains (losses) $ (64.98) $ (51.52) $ (53.87) $ 25.87 $ 20.51 $ 21.27 $ 3.96 $ 3.02 $ 2.80 $ (32.53) $ (25.81) $ (26.67) Net investment income (loss) 9.62 7.63 12.31 (5.33) (4.23) (0.23) 4.97 4.07 13.15 (4.99) (3.95) 4.20 Increase (decrease) for the period (55.36) (43.89) (41.56) 20.54 16.28 21.04 8.93 7.09 15.95 (37.52) (29.76) (22.47) Net asset value per Redeemable Unit, beginning of period 2,794.92 2,216.28 2,314.47 2,663.71 2,112.28 2,189.21 2,730.63 2,165.30 2,256.96 2,721.77 2,158.32 2,232.72 Net asset value per Redeemable Unit, end of period $ 2,739.56 $ 2,172.39 $ 2,272.91 $ 2,684.25 $ 2,128.56 $ 2,210.25 $ 2,739.56 $ 2,172.39 $ 2,272.91 $ 2,684.25 $ 2,128.56 $ 2,210.25 Three Months Ended Three Months Ended Six Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 Class A Class D Class Z Class A Class D Class Z Class A Class D Class Z Class A Class D Class Z Ratios to Average Limited Partners’ Capital: Net investment income (loss) * 1.0 % 1.0 % 1.7 % 0.3 % 0.3 % 1.3 % 0.7 % 0.7 % 1.5 % 0.1 % 0.1 % 0.9 % Operating expenses 3.9 % 3.9 % 3.2 % 3.7 % 4.0 % 3.4 % 3.8 % 3.8 % 3.1 % 3.6 % 3.8 % 3.1 % Incentive fees (0.1) % (0.1) % (0.1) % 0.4 % 0.4 % 0.4 % 0.3 % 0.3 % 0.3 % 0.4 % 0.5 % 0.5 % Total expenses 3.8 % 3.8 % 3.1 % 4.1 % 4.4 % 3.8 % 4.1 % 4.1 % 3.4 % 4.0 % 4.3 % 3.6 % Total return: Total return before incentive fees (2.1) % (2.1) % (1.9) % 1.1 % 1.1 % 1.3 % 0.6 % 0.6 % 1.0 % (0.9) % (0.9) % (0.6) % Incentive fees 0.1 % 0.1 % 0.1 % (0.3) % (0.3) % (0.3) % (0.3) % (0.3) % (0.3) % (0.5) % (0.5) % (0.4) % Total return after incentive fees (2.0) % (2.0) % (1.8) % 0.8 % 0.8 % 1.0 % 0.3 % 0.3 % 0.7 % (1.4) % (1.4) % (1.0) % * Net investment income (loss) per Redeemable Unit is calculated by dividing the interest income less total expenses by the average number of Redeemable Units outstanding during the period. The net realized and unrealized gains (losses) per Redeemable Unit is a balancing amount necessary to reconcile the change in net asset value per Redeemable Unit with the other per unit information. Annualized (except for incentive fees). * Interest income less total expenses. The above ratios and total return may vary for individual investors based on the timing of capital transactions during the period. Additionally, these ratios are calculated for the limited partner Classes using the limited partners’ share of income, expenses and average

Trading Activities

Trading Activities	6 Months Ended
Trading Activities	Jun. 30, 2024
Brokers and Dealers [Abstract]
Trading Activities	4. Trading Activities: The Partnership was formed for the purpose of trading contracts in a variety of commodity interests, including derivative financial instruments and derivative commodity interests. The results of the Partnership’s trading activities are shown in the Statements of Income and Expenses. The Partnership also invests certain of its assets through a “master/feeder” structure. The Partnership’s pro-rata The futures brokerage account agreements with MS&Co. give the Partnership and the Funds, respectively, the legal right to net unrealized gains and losses on open futures and forward contracts in their respective Statements of Financial Condition. The Partnership and the Funds net, for financial reporting purposes, the unrealized gains and losses on open futures and open forward contracts in their respective Statements of Financial Condition, as the criteria under ASC 210-20, “Balance Sheet,” All of the commodity interests owned directly by the Partnership are held for trading purposes. All of the commodity interests owned by the Funds are held for trading purposes. The monthly average number of futures contracts traded directly by the Partnership during the three months ended June 30, 2024 and 2023 were 5,133 and 4,987, respectively. The monthly average number of futures contracts traded directly by the Partnership during the six months ended June 30, 2024 and 2023 were 5,995 and 5,020, respectively. The monthly average number of metals forward contracts traded directly by the Partnership during the three months ended June 30, 2024 and 2023 were 1,135 and 905, respectively. The monthly average number of metals forward contracts traded directly by the Partnership during the six months ended June 30, 2024 and 2023 were 1,167 and 981, respectively. The monthly average number of option contracts traded directly by the Partnership during the three months ended June 30, 2024 and 2023 were 3,061 and 1,651, respectively. The monthly average number of option contracts traded directly by the Partnership during the six months ended June 30, 2024 and 2023 were 2,808 and 1,406, respectively. Trading and transaction fees are based on the number of trades executed by the Advisors and the Partnership’s respective percentage ownership of each Fund. All clearing fees paid to MS&Co. are borne directly by the Partnership for its direct trading. In addition, clearing fees are borne by the Funds for indirect trading and allocated to the Funds’ members, including the Partnership. The following tables summarize the gross and net amounts recognized relating to assets and liabilities of the Partnership’s derivatives and their offsetting subject to master netting arrangements or similar agreements as of June 30, 2024 and December 31, 2023, respectively. Gross Amounts Amounts Gross Amounts Not Offset in the June 30, 2024 Gross Amounts Recognized Statements of Statements of Financial Cash Collateral Pledged* Net Amount Assets Futures $ 2,423,213 $ (2,423,213 ) $ - $ - $ - $ - Forwards 1,633,933 (1,633,933 ) - - - - Total assets $ 4,057,146 $ (4,057,146 ) $ - $ - $ - $ - Liabilities Futures $ (3,317,612 ) $ 2,423,213 $ (894,399 ) $ - $ 894,399 $ - Forwards (1,767,273 ) 1,633,933 (133,340 ) - 133,340 - Total liabilities $ (5,084,885 ) $ 4,057,146 $ (1,027,739 ) $ - $ 1,027,739 $ - Net fair value $ - * Gross Amounts Amounts Gross Amounts Not Offset in the December 31, 2023 Gross Amounts Recognized Statements of Statements of Financial Cash Collateral Pledged* Net Amount Assets Futures $ 4,933,516 $ (4,767,875 ) $ 165,641 $ - $ - $ 165,641 Forwards 1,662,827 (1,657,979 ) 4,848 - - 4,848 Total assets $ 6,596,343 $ (6,425,854 ) $ 170,489 $ - $ - $ 170,489 Liabilities Futures $ (4,767,875 ) $ 4,767,875 $ - $ - $ - $ - Forwards (1,657,979 ) 1,657,979 - - - - Total liabilities $ (6,425,854 ) $ 6,425,854 $ - $ - $ - $ - Net fair value $ 170,489 * * In the event of default by the Partnership, MS&Co., the Partnership’s commodity futures broker and the sole counterparty to the Partnership’s non-exchange-traded The following tables indicate the gross fair values of derivative instruments of futures, forward and option contracts held directly by the Partnership as separate assets and liabilities as of June 30, 2024 and December 31, 2023, respectively. June 30, 2024 Assets Futures Contracts Currencies $ 23,605 Energy 1,115,969 Grains 753,766 Livestock 74,387 Metals 139,560 Softs 315,926 Total unrealized appreciation on open futures contracts 2,423,213 Liabilities Futures Contracts Currencies (45,690 ) Energy (1,466,564 ) Grains (290,326 ) Livestock (40,321 ) Metals (107,568 ) Softs (1,367,143 ) Total unrealized depreciation on open futures contracts (3,317,612 ) Net unrealized depreciation on open futures contracts $ (894,399 ) * Assets Forward Contracts Metals $ 1,633,933 Total unrealized appreciation on open forward contracts 1,633,933 Liabilities Forward Contracts Metals (1,767,273 ) Total unrealized depreciation on open forward contracts (1,767,273 ) Net unrealized depreciation on open forward contracts $ (133,340 ) Assets Options Purchased Energy $ 77,180 Grains 2,039,625 Livestock 311,405 Metals 42,722 Softs 97,696 Total options purchased $ 2,568,628 * Liabilities Options Written Energy $ (39,860 ) Grains (863,712 ) Livestock (184,130 ) Metals (77,974 ) Softs (1,518,509 ) Total options written $ (2,684,185 ) **** * This amount is in “Net unrealized depreciation on open futures contracts” in the Statements of Financial Condition. This amount is in “Net unrealized depreciation on open forward contracts” in the Statements of Financial Condition. * This amount is in “Options purchased, at fair value” in the Statements of Financial Condition. **** This amount is in “Options written, at fair value” in the Statements of Financial Condition. December 31, 2023 Assets Futures Contracts Currencies $ 68,945 Energy 2,196,853 Grains 1,829,613 Livestock 66,375 Metals 223,298 Softs 548,432 Total unrealized appreciation on open futures contracts 4,933,516 Liabilities Futures Contracts Currencies (90,394 ) Energy (3,135,674 ) Grains (656,164 ) Livestock (55,520 ) Metals (126,949 ) Softs (703,174 ) Total unrealized depreciation on open futures contracts (4,767,875 ) Net unrealized appreciation on open futures contracts $ 165,641 * Assets Forward Contracts Metals $ 1,662,827 Total unrealized appreciation on open forward contracts 1,662,827 Liabilities Forward Contracts Metals (1,657,979 ) Total unrealized depreciation on open forward contracts (1,657,979 ) Net unrealized appreciation on open forward contracts $ 4,848 Assets Options Purchased Energy $ 51,510 Grains 1,817,794 Livestock 164,590 Metals 30,997 Softs 23,880 Total options purchased $ 2,088,771 * Liabilities Options Written Energy $ (356,360 ) Grains (568,650 ) Livestock (74,200 ) Metals (30,997 ) Softs (566,133 ) Total options written $ (1,596,340 ) **** * This amount is in “Net unrealized appreciation on open futures contracts” in the Statements of Financial Condition. This amount is in “Net unrealized appreciation on open forward contracts” in the Statements of Financial Condition. * This amount is in “Options purchased, at fair value” in the Statements of Financial Condition. ** This amount is in “Options written, at fair value” in the Statements of Financial Condition. The following table indicates the trading gains and losses, by market sector, on derivative instruments traded directly by the Partnership for the three and six months ended June 30, 2024 and 2023. Three Months Ended June 30, Six Months Ended June 30, Sector 2024 2023 2024 2023 Currencies $ (42,841 ) $ (138,655 ) $ (96,815 ) $ (220,580 ) Energy (714,134 ) (1,510,665 ) 2,645,970 (3,212,293 ) Grains 388,217 298,980 4,082,801 (687,992 ) Livestock (420,922 ) 1,338,841 154,364 1,660,221 Metals (144,388 ) 159,058 (877,982 ) 293,343 Softs (1,353,201 ) 1,483,642 (3,683,284 ) 1,940,507 Total $ (2,287,269 ) * $ 1,631,201 * $ 2,225,054 * $ (226,794 ) * *** This amount is included in “Total trading results” in the Statements of Income and Expenses.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
Fair Value Measurements	Jun. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	5. Fair Value Measurements: Partnership’s and the Funds’ Fair Value Measurements. The fair value of exchange-traded futures, option and forward contracts is determined by the various exchanges, and reflects the settlement price for each contract as of the close of business on the last business day of the reporting period. The fair value of foreign currency forward contracts is extrapolated on a forward basis from the spot prices quoted as of approximately 3:00 P.M. (E.T.) on the last business day of the reporting period from various exchanges. The fair value of non-exchange-traded The Partnership and the Funds consider prices for commodity futures, swap and option contracts to be based on unadjusted quoted prices in active markets for identical assets and liabilities (Level 1). The values of U.S. Treasury bills, non-exchange-traded futures, forward, swap and certain option contracts for which market quotations are not readily available are priced by pricing services that derive fair values for those assets and liabilities from observable inputs (Level 2). As of June 30, 2024 and December 31, 2023 and for the periods ended June 30, 2024 and 2023, the Partnership and the Funds did not hold any derivative instruments that were priced at fair value using unobservable inputs through the application of the General Partner’s assumptions and internal valuation pricing models (Level 3). June 30, 2024 Total Level 1 Level 2 Level 3 Assets Futures $ 2,423,213 $ 2,423,213 $ - $ - Forwards 1,633,933 - 1,633,933 - Options purchased 2,568,628 2,568,628 - - Total assets $ 6,625,774 $ 4,991,841 $ 1,633,933 $ - Liabilities Futures $ 3,317,612 $ 3,317,612 $ - $ - Forwards 1,767,273 - 1,767,273 - Options written 2,684,185 2,684,185 - - Total liabilities $ 7,769,070 $ 6,001,797 $ 1,767,273 $ - December 31, 2023 Total Level 1 Level 2 Level 3 Assets Futures $ 4,933,516 $ 4,933,516 $ - $ - Forwards 1,662,827 - 1,662,827 - Options purchased 2,088,771 2,088,771 - - Total assets $ 8,685,114 $ 7,022,287 $ 1,662,827 $ - Liabilities Futures $ 4,767,875 $ 4,767,875 $ - $ - Forwards 1,657,979 - 1,657,979 - Options written 1,596,340 1,596,340 - - Total liabilities $ 8,022,194 $ 6,364,215 $ 1,657,979 $ - The Investment in the Funds measured using the net asset value per share practical expedient is not required to be included in the fair value hierarchy. Please refer to the Condensed Schedules of Investments as of June 30, 2024 and December 31, 2023, respectively.

Investment in the Funds

Investment in the Funds	6 Months Ended
Investment in the Funds	Jun. 30, 2024
Schedule of Investments [Abstract]
Investment in the Funds	6. Investment in the Funds: On April 1, 2019, the Partnership allocated a portion of its assets to NL Master, a limited liability company organized under the limited liability company laws of the State of Delaware. NL Master permits accounts managed by Northlander using Northlander’s Commodity Program, a proprietary, discretionary trading system, to invest together in one trading vehicle. The General Partner is also the trading manager of NL Master. Individual and pooled accounts currently managed by Northlander, including the Partnership, are permitted to be members of NL Master. The Trading Manager and Northlander believe that trading through this master/feeder structure should promote efficiency and economy in the trading process. On May 1, 2022, the Partnership allocated a portion of its assets to Drakewood Master, a limited liability company organized under the limited liability company laws of the State of Delaware. Drakewood Master permits accounts managed by Drakewood using Drakewood’s Drakewood Prospect Fund Strategy, a proprietary, discretionary trading system, to invest together in one trading vehicle. The General Partner is also the trading manager of Drakewood Master. Individual and pooled accounts currently managed by Drakewood, including the Partnership, are permitted to be members of Drakewood Master. The Trading Manager and Drakewood believe that trading through the master/feeder structure should promote efficiency and economy in the trading process. The General Partner is not aware of any material changes to the trading programs discussed above or in Note 1, “Organization” during the fiscal quarter ended June 30, 2024. The Partnership’s/Funds’ trading of futures, forward, swap and option contracts, if applicable, on commodities is done primarily on U.S. commodity exchanges and foreign commodity exchanges. The Partnership/Funds engage in such trading through commodity brokerage accounts maintained with MS&Co. Generally, a member in the Funds withdraws all or part of its capital contribution and undistributed profits, if any, from the Funds as of the end of any month (the “Redemption Date”) after a request has been made to the Trading Manager at least three days in advance of the Redemption Date. Such withdrawals are classified as a liability when the member elects to redeem and informs the Funds. However, a member may request a withdrawal as of the end of any day if such request is received by the Trading Manager at least three days in advance of the proposed withdrawal date. Management fees, General Partner fees, ongoing selling agent fees and incentive fees are charged at the Partnership level. All clearing fees paid to MS&Co. are borne directly by the Partnership for its direct trading. In addition, clearing fees are borne by the Funds and allocated to the Funds’ members, including the Partnership. Professional fees are borne by the Funds and allocated to the Partnership, and are also charged directly at the Partnership level. At June 30, 2024, the Partnership owned approximately 28.5% of NL Master and 42.4% of Drakewood Master. At December 31, 2023, the Partnership owned approximately 28.3% of NL Master and 35.5% of Drakewood Master. It is the Partnership’s intention to continue to invest in the Funds. The performance of the Partnership is directly affected by the performance of the Funds. Expenses to investors as a result of the investment in the Funds are approximately the same as they would be if the Partnership traded directly and redemption rights are not affected. Summarized information reflecting the total assets, liabilities and members’ capital of the Funds is shown in the following tables: June 30, 2024 Total Assets Total Liabilities Total Capital NL Master $ 35,662,652 $ 3,866,761 $ 31,795,891 Drakewood Master 52,219,515 3,467,122 48,752,393 December 31, 2023 Total Assets Total Liabilities Total Capital NL Master $ 40,864,449 $ 126,823 $ 40,737,626 Drakewood Master 51,637,147 5,483,874 46,153,273 Summarized information reflecting the net investment income (loss), total trading results and net income (loss) of the Funds is shown in the following tables: For the three months ended June 30, 2024 Net Investment Total Trading Income (Loss) Results Net Income (Loss) NL Master $ 351,149 $ (2,626,036 ) $ (2,274,887 ) Drakewood Master 362,277 (751,386 ) (389,109 ) For the six months ended June 30, 2024 Net Investment Total Trading Income (Loss) Results Net Income (Loss) NL Master $ 824,544 $ (5,986,329 ) $ (5,161,785 ) Drakewood Master 683,298 (315,390 ) 367,908 For the three months ended June 30, 2023 Net Investment Total Trading Income (Loss) Results Net Income (Loss) NL Master $ 432,129 $ 953,963 $ 1,386,092 Drakewood Master 373,072 (889,597 ) (516,525 ) For the six months ended June 30, 2023 Net Investment Total Trading Income (Loss) Results Net Income (Loss) NL Master $ 804,887 $ (3,492,307 ) $ (2,687,420 ) Drakewood Master 641,952 (1,743,275 ) (1,101,323 ) Summarized information reflecting the Partnership’s investments in and the Partnership’s pro-rata June 30, 2024 For the three months ended June 30, 2024 % of Expenses Net Partners’ Fair Income Clearing Professional Income Investment Redemptions Funds Capital Value (Loss) Fees Fees (Loss) Objective Permitted NL Master 6.48 % $ 9,109,533 $ (639,701 ) $ 10,154 $ 4,806 $ (654,661 ) Commodity Portfolio Monthly Drakewood Master 14.75 % 20,734,643 (156,218 ) 36,290 7,259 (199,767 ) Commodity Portfolio Monthly $ 29,844,176 $ (795,919 ) $ 46,444 $ 12,065 $ (854,428 ) June 30, 2024 For the six months ended June 30, 2024 % of Expenses Net Partners’ Fair Income Clearing Professional Income Investment Redemptions Funds Capital Value (Loss) Fees Fees (Loss) Objective Permitted NL Master 6.48 % $ 9,109,533 $ (1,509,441 ) $ 14,050 $ 9,889 $ (1,533,380 ) Commodity Portfolio Monthly Drakewood Master 14.75 % 20,734,643 168,951 59,247 14,029 95,675 Commodity Portfolio Monthly $ 29,844,176 $ (1,340,490 ) $ 73,297 $ 23,918 $ (1,437,705 ) December 31, 2023 For the three months ended June 30, 2023 % of Expenses Net Partners’ Fair Income Clearing Professional Income Investment Redemptions Funds Capital Value (Loss) Fees Fees (Loss) Objective Permitted NL Master 8.00 % $ 11,558,658 $ 393,990 $ 6,335 $ 4,470 $ 383,185 Commodity Portfolio Monthly Drakewood Master 11.38 % 16,459,442 (242,316 ) 21,636 6,394 (270,346 ) Commodity Portfolio Monthly $ 28,018,100 $ 151,674 $ 27,971 $ 10,864 $ 112,839 December 31, 2023 For the six months ended June 30, 2023 % of Expenses Net Partners’ Fair Income Clearing Professional Income Investment Redemptions Funds Capital Value (Loss) Fees Fees (Loss) Objective Permitted NL Master 8.00 % $ 11,558,658 $ (723,321 ) $ 10,876 $ 8,921 $ (743,118 ) Commodity Portfolio Monthly Drakewood Master 11.38 % 16,459,442 (390,589 ) 44,484 11,565 (446,638 ) Commodity Portfolio Monthly $ 28,018,100 $ (1,113,910 ) $ 55,360 $ 20,486 $ (1,189,756 )

Financial Instrument Risks

Financial Instrument Risks	6 Months Ended
Financial Instrument Risks	Jun. 30, 2024
Investments, All Other Investments [Abstract]
Financial Instrument Risks	7. Financial Instrument Risks: In the normal course of business, the Partnership and the Funds are parties to financial instruments with off-balance-sheet forwards over-the-counter Futures Contracts. London Metal Exchange Forward Contracts. Options. marked-to-market marked-to-market As both a buyer and seller of options, the Partnership/Funds pay or receive a premium at the outset and then bear the risk of unfavorable changes in the price of the contract underlying the option. Written options expose the Partnership/Funds to potentially unlimited liability; for purchased options, the risk of loss is limited to the premiums paid. Certain written put options permit cash settlement and do not require the option holder to own the reference asset. The Partnership/Funds do not consider these contracts to be guarantees. Futures-Style Options Market risk is the potential for changes in the value of the financial instruments traded by the Partnership/Funds due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity or security prices. Market risk is directly impacted by the volatility and liquidity in the markets in which the related underlying assets are traded. The Partnership and the Funds are exposed to market risk equal to the value of the futures and forward contracts held and unlimited liability on such contracts sold short. Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. The Partnership’s/Funds’ risk of loss in the event of a counterparty default is typically limited to the amounts recognized in the Statements of Financial Condition and is not represented by the contract or notional amounts of the instruments. The Partnership’s/Funds’ risk of loss is reduced through the use of legally enforceable master netting agreements with counterparties that permit the Partnership/Funds to offset unrealized gains and losses and other assets and liabilities with such counterparties upon the occurrence of certain events. The Partnership/Funds have credit risk and concentration risk, as MS&Co. or an MS&Co. affiliate are counterparties or brokers with respect to the Partnership’s/Funds’ assets. Credit risk with respect to exchange-traded The General Partner/Trading Manager monitors and attempts to mitigate the Partnership’s/Funds’ risk exposure on a daily basis through financial, credit and risk management monitoring systems and, accordingly, believes that it has effective procedures for evaluating and limiting the credit and market risks to which the Partnership/Funds may be subject. These monitoring systems generally allow the General Partner/Trading Manager to statistically analyze actual trading results with risk-adjusted The majority of these financial instruments mature within one year of the inception date. However, due to the nature of the Partnership’s/Funds’ business, these instruments may not be held to maturity. The risk to the limited partners that have purchased Redeemable Units is limited to the amount of their share of the Partnership’s net assets and undistributed profits. This limited liability is a result of the organization of the Partnership as a limited partnership under New York law. In the ordinary course of business, the Partnership/Funds enter into contracts and agreements that contain various representations and warranties and which provide general indemnifications. The Partnership’s/Funds’ maximum exposure under these arrangements cannot be determined, as this could include future claims that have not yet been made against the Partnership/Funds. The General Partner/Trading Manager considers the risk of any future obligation relating to these indemnifications to be remote. Beginning in February 2022, the United States, the United Kingdom, the European Union, and a number of other nations imposed sanctions against Russia in response to Russia’s invasion of Ukraine, and these and other governments around the world may impose additional sanctions in the future as the conflict develops. In addition, on October 7, 2023, Hamas militants and members of other terrorist organizations infiltrated Israel’s southern border from the Gaza Strip and conducted a series of terror attacks on civilian and military targets. Shortly following the attack, Israel’s security cabinet declared war against Hamas. These conflicts and subsequent sanctions have created volatility in the price of various commodities and may lead to a deterioration in the political and trade relationships that exist between the countries involved and have a negative impact on business activity globally, and therefore could affect the performance of the Partnership’s investments. Furthermore, uncertainties regarding these conflicts and the varying involvement of the United States and other countries preclude prediction as to the ultimate impact on global economic and market conditions, and, as a result, presents material uncertainty and risk with respect to the Partnership and the performance of its investments or operations, and the ability of the Partnership to achieve its investment objectives. Additionally, to the extent that investors, service providers and/or other third parties have material operations or assets in Russia, Belarus, Ukraine or Israel, they may have their operations disrupted and/or suffer adverse consequences related to the ongoing conflicts.

Subsequent Events

Subsequent Events	6 Months Ended
Subsequent Events	Jun. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	8. Subsequent Events: The General Partner evaluates events that occur after the balance sheet date but before and up until financial statements are available to be issued. The General Partner has assessed the subsequent events through the date the financial statements were issued and has determined that there were no subsequent events requiring adjustment to or disclosure in the financial statements.

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates. liabilities
Profit Allocation	Profit Allocation.
Statement of Cash Flows	Statement of Cash Flows. “Statement of Cash Flows.”
Partnership's Investment in the Funds	Partnership’s Investment in the Funds.
Partnership's/Funds' Derivative Investments	Partnership’s/Funds’ Derivative Investments. first-in, first-out The Partnership/Funds do not isolate the portion of the results of operations arising from the effect of changes in foreign exchange rates on investments due to fluctuations from changes in market prices of investments held. Such fluctuations are included in total trading results in the Partnership’s/Funds’ Statements of Income and Expenses.
Partnership's Cash	Partnership’s Cash
Income Taxes	Income Taxes. “Income Taxes,” “more-likely-than-not” more-likely-than-not The 2020 through 2023
Investment Company Status	Investment Company Status 2013-08 “ Financial
Net Income (Loss) per Redeemable Unit	Net Income (Loss) per Redeemable Unit. “Financial Services – Investment Companies.” There have been no material changes with respect to the Partnership’s critical accounting policies as reported in the Partnership’s Annual Report on Form 10-K

Financial Highlights (Tables)

Financial Highlights (Tables)	6 Months Ended
Financial Highlights (Tables)	Jun. 30, 2024
Investment Company [Abstract]
Financial Highlights	Financial highlights for the limited partner Classes as a whole for the three and six months ended June 30, 2024 and 2023 were as follows. Three Months Ended Three Months Ended Six Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 Class A Class D Class Z Class A Class D Class Z Class A Class D Class Z Class A Class D Class Z Per Redeemable Unit Performance (for a unit outstanding throughout the period): * Net realized and unrealized gains (losses) $ (64.98) $ (51.52) $ (53.87) $ 25.87 $ 20.51 $ 21.27 $ 3.96 $ 3.02 $ 2.80 $ (32.53) $ (25.81) $ (26.67) Net investment income (loss) 9.62 7.63 12.31 (5.33) (4.23) (0.23) 4.97 4.07 13.15 (4.99) (3.95) 4.20 Increase (decrease) for the period (55.36) (43.89) (41.56) 20.54 16.28 21.04 8.93 7.09 15.95 (37.52) (29.76) (22.47) Net asset value per Redeemable Unit, beginning of period 2,794.92 2,216.28 2,314.47 2,663.71 2,112.28 2,189.21 2,730.63 2,165.30 2,256.96 2,721.77 2,158.32 2,232.72 Net asset value per Redeemable Unit, end of period $ 2,739.56 $ 2,172.39 $ 2,272.91 $ 2,684.25 $ 2,128.56 $ 2,210.25 $ 2,739.56 $ 2,172.39 $ 2,272.91 $ 2,684.25 $ 2,128.56 $ 2,210.25 Three Months Ended Three Months Ended Six Months Ended Six Months Ended June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 Class A Class D Class Z Class A Class D Class Z Class A Class D Class Z Class A Class D Class Z Ratios to Average Limited Partners’ Capital: Net investment income (loss) * 1.0 % 1.0 % 1.7 % 0.3 % 0.3 % 1.3 % 0.7 % 0.7 % 1.5 % 0.1 % 0.1 % 0.9 % Operating expenses 3.9 % 3.9 % 3.2 % 3.7 % 4.0 % 3.4 % 3.8 % 3.8 % 3.1 % 3.6 % 3.8 % 3.1 % Incentive fees (0.1) % (0.1) % (0.1) % 0.4 % 0.4 % 0.4 % 0.3 % 0.3 % 0.3 % 0.4 % 0.5 % 0.5 % Total expenses 3.8 % 3.8 % 3.1 % 4.1 % 4.4 % 3.8 % 4.1 % 4.1 % 3.4 % 4.0 % 4.3 % 3.6 % Total return: Total return before incentive fees (2.1) % (2.1) % (1.9) % 1.1 % 1.1 % 1.3 % 0.6 % 0.6 % 1.0 % (0.9) % (0.9) % (0.6) % Incentive fees 0.1 % 0.1 % 0.1 % (0.3) % (0.3) % (0.3) % (0.3) % (0.3) % (0.3) % (0.5) % (0.5) % (0.4) % Total return after incentive fees (2.0) % (2.0) % (1.8) % 0.8 % 0.8 % 1.0 % 0.3 % 0.3 % 0.7 % (1.4) % (1.4) % (1.0) % * Net investment income (loss) per Redeemable Unit is calculated by dividing the interest income less total expenses by the average number of Redeemable Units outstanding during the period. The net realized and unrealized gains (losses) per Redeemable Unit is a balancing amount necessary to reconcile the change in net asset value per Redeemable Unit with the other per unit information. Annualized (except for incentive fees). * Interest income less total expenses.

Trading Activities (Tables)

Trading Activities (Tables)	6 Months Ended
Trading Activities (Tables)	Jun. 30, 2024
Brokers and Dealers [Abstract]
Summary of Valuation of Investments	All clearing fees paid to MS&Co. are borne directly by the Partnership for its direct trading. In addition, clearing fees are borne by the Funds for indirect trading and allocated to the Funds’ members, including the Partnership. The following tables summarize the gross and net amounts recognized relating to assets and liabilities of the Partnership’s derivatives and their offsetting subject to master netting arrangements or similar agreements as of June 30, 2024 and December 31, 2023, respectively. Gross Amounts Amounts Gross Amounts Not Offset in the June 30, 2024 Gross Amounts Recognized Statements of Statements of Financial Cash Collateral Pledged* Net Amount Assets Futures $ 2,423,213 $ (2,423,213 ) $ - $ - $ - $ - Forwards 1,633,933 (1,633,933 ) - - - - Total assets $ 4,057,146 $ (4,057,146 ) $ - $ - $ - $ - Liabilities Futures $ (3,317,612 ) $ 2,423,213 $ (894,399 ) $ - $ 894,399 $ - Forwards (1,767,273 ) 1,633,933 (133,340 ) - 133,340 - Total liabilities $ (5,084,885 ) $ 4,057,146 $ (1,027,739 ) $ - $ 1,027,739 $ - Net fair value $ - * Gross Amounts Amounts Gross Amounts Not Offset in the December 31, 2023 Gross Amounts Recognized Statements of Statements of Financial Cash Collateral Pledged* Net Amount Assets Futures $ 4,933,516 $ (4,767,875 ) $ 165,641 $ - $ - $ 165,641 Forwards 1,662,827 (1,657,979 ) 4,848 - - 4,848 Total assets $ 6,596,343 $ (6,425,854 ) $ 170,489 $ - $ - $ 170,489 Liabilities Futures $ (4,767,875 ) $ 4,767,875 $ - $ - $ - $ - Forwards (1,657,979 ) 1,657,979 - - - - Total liabilities $ (6,425,854 ) $ 6,425,854 $ - $ - $ - $ - Net fair value $ 170,489 * * In the event of default by the Partnership, MS&Co., the Partnership’s commodity futures broker and the sole counterparty to the Partnership’s non-exchange-traded
Gross Fair Values of Derivative Instruments of Futures, Forward and Option Contracts, as Separate Assets and Liabilities	The following tables indicate the gross fair values of derivative instruments of futures, forward and option contracts held directly by the Partnership as separate assets and liabilities as of June 30, 2024 and December 31, 2023, respectively. June 30, 2024 Assets Futures Contracts Currencies $ 23,605 Energy 1,115,969 Grains 753,766 Livestock 74,387 Metals 139,560 Softs 315,926 Total unrealized appreciation on open futures contracts 2,423,213 Liabilities Futures Contracts Currencies (45,690 ) Energy (1,466,564 ) Grains (290,326 ) Livestock (40,321 ) Metals (107,568 ) Softs (1,367,143 ) Total unrealized depreciation on open futures contracts (3,317,612 ) Net unrealized depreciation on open futures contracts $ (894,399 ) * Assets Forward Contracts Metals $ 1,633,933 Total unrealized appreciation on open forward contracts 1,633,933 Liabilities Forward Contracts Metals (1,767,273 ) Total unrealized depreciation on open forward contracts (1,767,273 ) Net unrealized depreciation on open forward contracts $ (133,340 ) Assets Options Purchased Energy $ 77,180 Grains 2,039,625 Livestock 311,405 Metals 42,722 Softs 97,696 Total options purchased $ 2,568,628 * Liabilities Options Written Energy $ (39,860 ) Grains (863,712 ) Livestock (184,130 ) Metals (77,974 ) Softs (1,518,509 ) Total options written $ (2,684,185 ) **** * This amount is in “Net unrealized depreciation on open futures contracts” in the Statements of Financial Condition. This amount is in “Net unrealized depreciation on open forward contracts” in the Statements of Financial Condition. * This amount is in “Options purchased, at fair value” in the Statements of Financial Condition. **** This amount is in “Options written, at fair value” in the Statements of Financial Condition. December 31, 2023 Assets Futures Contracts Currencies $ 68,945 Energy 2,196,853 Grains 1,829,613 Livestock 66,375 Metals 223,298 Softs 548,432 Total unrealized appreciation on open futures contracts 4,933,516 Liabilities Futures Contracts Currencies (90,394 ) Energy (3,135,674 ) Grains (656,164 ) Livestock (55,520 ) Metals (126,949 ) Softs (703,174 ) Total unrealized depreciation on open futures contracts (4,767,875 ) Net unrealized appreciation on open futures contracts $ 165,641 * Assets Forward Contracts Metals $ 1,662,827 Total unrealized appreciation on open forward contracts 1,662,827 Liabilities Forward Contracts Metals (1,657,979 ) Total unrealized depreciation on open forward contracts (1,657,979 ) Net unrealized appreciation on open forward contracts $ 4,848 Assets Options Purchased Energy $ 51,510 Grains 1,817,794 Livestock 164,590 Metals 30,997 Softs 23,880 Total options purchased $ 2,088,771 * Liabilities Options Written Energy $ (356,360 ) Grains (568,650 ) Livestock (74,200 ) Metals (30,997 ) Softs (566,133 ) Total options written $ (1,596,340 ) **** * This amount is in “Net unrealized appreciation on open futures contracts” in the Statements of Financial Condition. This amount is in “Net unrealized appreciation on open forward contracts” in the Statements of Financial Condition. * This amount is in “Options purchased, at fair value” in the Statements of Financial Condition. **** This amount is in “Options written, at fair value” in the Statements of Financial Condition.
Trading Gains and Losses, by Market Sector, on Derivative Instruments	The following table indicates the trading gains and losses, by market sector, on derivative instruments traded directly by the Partnership for the three and six months ended June 30, 2024 and 2023. Three Months Ended June 30, Six Months Ended June 30, Sector 2024 2023 2024 2023 Currencies $ (42,841 ) $ (138,655 ) $ (96,815 ) $ (220,580 ) Energy (714,134 ) (1,510,665 ) 2,645,970 (3,212,293 ) Grains 388,217 298,980 4,082,801 (687,992 ) Livestock (420,922 ) 1,338,841 154,364 1,660,221 Metals (144,388 ) 159,058 (877,982 ) 293,343 Softs (1,353,201 ) 1,483,642 (3,683,284 ) 1,940,507 Total $ (2,287,269 ) *** $ 1,631,201 * $ 2,225,054 * $ (226,794 ) * *** This amount is included in “Total trading results” in the Statements of Income and Expenses.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
Fair Value Measurements (Tables)	Jun. 30, 2024
Fair Value Disclosures [Abstract]
Derivative Instrument Fair Value Based on Hierarchy	June 30, 2024 Total Level 1 Level 2 Level 3 Assets Futures $ 2,423,213 $ 2,423,213 $ - $ - Forwards 1,633,933 - 1,633,933 - Options purchased 2,568,628 2,568,628 - - Total assets $ 6,625,774 $ 4,991,841 $ 1,633,933 $ - Liabilities Futures $ 3,317,612 $ 3,317,612 $ - $ - Forwards 1,767,273 - 1,767,273 - Options written 2,684,185 2,684,185 - - Total liabilities $ 7,769,070 $ 6,001,797 $ 1,767,273 $ - December 31, 2023 Total Level 1 Level 2 Level 3 Assets Futures $ 4,933,516 $ 4,933,516 $ - $ - Forwards 1,662,827 - 1,662,827 - Options purchased 2,088,771 2,088,771 - - Total assets $ 8,685,114 $ 7,022,287 $ 1,662,827 $ - Liabilities Futures $ 4,767,875 $ 4,767,875 $ - $ - Forwards 1,657,979 - 1,657,979 - Options written 1,596,340 1,596,340 - - Total liabilities $ 8,022,194 $ 6,364,215 $ 1,657,979 $ -

Investment in the Funds (Tables

Investment in the Funds (Tables)	6 Months Ended
Investment in the Funds (Tables)	Jun. 30, 2024
Schedule of Investments [Abstract]
Assets, Liabilities and Partners' Capital of Funds	Summarized information reflecting the total assets, liabilities and members’ capital of the Funds is shown in the following tables: June 30, 2024 Total Assets Total Liabilities Total Capital NL Master $ 35,662,652 $ 3,866,761 $ 31,795,891 Drakewood Master 52,219,515 3,467,122 48,752,393 December 31, 2023 Total Assets Total Liabilities Total Capital NL Master $ 40,864,449 $ 126,823 $ 40,737,626 Drakewood Master 51,637,147 5,483,874 46,153,273
Net Investment Income (Loss), Trading Results and Net Income (Loss) of Funds	Summarized information reflecting the net investment income (loss), total trading results and net income (loss) of the Funds is shown in the following tables: For the three months ended June 30, 2024 Net Investment Total Trading Income (Loss) Results Net Income (Loss) NL Master $ 351,149 $ (2,626,036 ) $ (2,274,887 ) Drakewood Master 362,277 (751,386 ) (389,109 ) For the six months ended June 30, 2024 Net Investment Total Trading Income (Loss) Results Net Income (Loss) NL Master $ 824,544 $ (5,986,329 ) $ (5,161,785 ) Drakewood Master 683,298 (315,390 ) 367,908 For the three months ended June 30, 2023 Net Investment Total Trading Income (Loss) Results Net Income (Loss) NL Master $ 432,129 $ 953,963 $ 1,386,092 Drakewood Master 373,072 (889,597 ) (516,525 ) For the six months ended June 30, 2023 Net Investment Total Trading Income (Loss) Results Net Income (Loss) NL Master $ 804,887 $ (3,492,307 ) $ (2,687,420 ) Drakewood Master 641,952 (1,743,275 ) (1,101,323 )
Partnership's Investments in, and Partnership's Pro Rata Share of Results of Operations of Funds	Summarized information reflecting the Partnership’s investments in and the Partnership’s pro-rata June 30, 2024 For the three months ended June 30, 2024 % of Expenses Net Partners’ Fair Income Clearing Professional Income Investment Redemptions Funds Capital Value (Loss) Fees Fees (Loss) Objective Permitted NL Master 6.48 % $ 9,109,533 $ (639,701 ) $ 10,154 $ 4,806 $ (654,661 ) Commodity Portfolio Monthly Drakewood Master 14.75 % 20,734,643 (156,218 ) 36,290 7,259 (199,767 ) Commodity Portfolio Monthly $ 29,844,176 $ (795,919 ) $ 46,444 $ 12,065 $ (854,428 ) June 30, 2024 For the six months ended June 30, 2024 % of Expenses Net Partners’ Fair Income Clearing Professional Income Investment Redemptions Funds Capital Value (Loss) Fees Fees (Loss) Objective Permitted NL Master 6.48 % $ 9,109,533 $ (1,509,441 ) $ 14,050 $ 9,889 $ (1,533,380 ) Commodity Portfolio Monthly Drakewood Master 14.75 % 20,734,643 168,951 59,247 14,029 95,675 Commodity Portfolio Monthly $ 29,844,176 $ (1,340,490 ) $ 73,297 $ 23,918 $ (1,437,705 ) December 31, 2023 For the three months ended June 30, 2023 % of Expenses Net Partners’ Fair Income Clearing Professional Income Investment Redemptions Funds Capital Value (Loss) Fees Fees (Loss) Objective Permitted NL Master 8.00 % $ 11,558,658 $ 393,990 $ 6,335 $ 4,470 $ 383,185 Commodity Portfolio Monthly Drakewood Master 11.38 % 16,459,442 (242,316 ) 21,636 6,394 (270,346 ) Commodity Portfolio Monthly $ 28,018,100 $ 151,674 $ 27,971 $ 10,864 $ 112,839 December 31, 2023 For the six months ended June 30, 2023 % of Expenses Net Partners’ Fair Income Clearing Professional Income Investment Redemptions Funds Capital Value (Loss) Fees Fees (Loss) Objective Permitted NL Master 8.00 % $ 11,558,658 $ (723,321 ) $ 10,876 $ 8,921 $ (743,118 ) Commodity Portfolio Monthly Drakewood Master 11.38 % 16,459,442 (390,589 ) 44,484 11,565 (446,638 ) Commodity Portfolio Monthly $ 28,018,100 $ (1,113,910 ) $ 55,360 $ 20,486 $ (1,189,756 )

Organization - Additional Infor

Organization - Additional Information (Detail) - shares		6 Months Ended
Organization - Additional Information (Detail) - shares	Sep. 06, 2005	Jun. 30, 2024	Jun. 30, 2023
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Number of units sold during initial offering period	11,925
Morgan Stanley Wealth Management [Member] \| Class A [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ongoing selling agent fee		0.75%	0.75%
Morgan Stanley Wealth Management [Member] \| Class D [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Ongoing selling agent fee		0.75%	0.75%

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Accounting Policies [Abstract]
Cash denominated in foreign currencies	$ 381,251	$ 748,848
Cash denominated in foreign currencies, proceeds	372,464	736,239
Uncertain tax position	$ 0
Open tax year	2020 2021 2022 2023
Restricted cash held for margin	$ 8,443,644	$ 9,951,077

Financial Highlights - Financia

Financial Highlights - Financial Highlights for Limited Partner Class (Detail) - $ / shares		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Class A [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the period):
Net asset value per Redeemable Unit, beginning of period				$ 2,730.63
Net asset value per Redeemable Unit, end of period		$ 2,739.56		2,739.56
Class D [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the period):
Net asset value per Redeemable Unit, beginning of period				2,165.3
Net asset value per Redeemable Unit, end of period		2,172.39		2,172.39
Class Z [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the period):
Net asset value per Redeemable Unit, beginning of period				2,256.96
Net asset value per Redeemable Unit, end of period		2,272.91		2,272.91
Limited Partners [Member] \| Class A [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the period):
Net realized and unrealized gains (losses)	[1]	(64.98)	$ 25.87	3.96	$ (32.53)
Net investment income (loss)	[1]	9.62	(5.33)	4.97	(4.99)
Increase (decrease) for the period	[1]	(55.36)	20.54	8.93	(37.52)
Net asset value per Redeemable Unit, beginning of period	[1]	2,794.92	2,663.71	2,730.63	2,721.77
Net asset value per Redeemable Unit, end of period	[1]	$ 2,739.56	$ 2,684.25	$ 2,739.56	$ 2,684.25
Ratios to Average Limited Partners' Capital:
Net investment income (loss)	[2],[3]	1%	0.30%	0.70%	0.10%
Operating expenses	[2]	3.90%	3.70%	3.80%	3.60%
Incentive fees	[2]	(0.10%)	0.40%	0.30%	0.40%
Total expenses	[2]	3.80%	4.10%	4.10%	4%
Total return:
Incentive fees	[2]	0.10%	(0.40%)	(0.30%)	(0.40%)
Limited Partners [Member] \| Class D [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the period):
Net realized and unrealized gains (losses)	[1]	$ (51.52)	$ 20.51	$ 3.02	$ (25.81)
Net investment income (loss)	[1]	7.63	(4.23)	4.07	(3.95)
Increase (decrease) for the period	[1]	(43.89)	16.28	7.09	(29.76)
Net asset value per Redeemable Unit, beginning of period	[1]	2,216.28	2,112.28	2,165.3	2,158.32
Net asset value per Redeemable Unit, end of period	[1]	$ 2,172.39	$ 2,128.56	$ 2,172.39	$ 2,128.56
Ratios to Average Limited Partners' Capital:
Net investment income (loss)	[2],[3]	1%	0.30%	0.70%	0.10%
Operating expenses	[2]	3.90%	4%	3.80%	3.80%
Incentive fees	[2]	(0.10%)	0.40%	0.30%	0.50%
Total expenses	[2]	3.80%	4.40%	4.10%	4.30%
Total return:
Incentive fees	[2]	0.10%	(0.40%)	(0.30%)	(0.50%)
Limited Partners [Member] \| Class Z [Member]
Per Redeemable Unit Performance (for a unit outstanding throughout the period):
Net realized and unrealized gains (losses)	[1]	$ (53.87)	$ 21.27	$ 2.8	$ (26.67)
Net investment income (loss)	[1]	12.31	(0.23)	13.15	4.2
Increase (decrease) for the period	[1]	(41.56)	21.04	15.95	(22.47)
Net asset value per Redeemable Unit, beginning of period	[1]	2,314.47	2,189.21	2,256.96	2,232.72
Net asset value per Redeemable Unit, end of period	[1]	$ 2,272.91	$ 2,210.25	$ 2,272.91	$ 2,210.25
Ratios to Average Limited Partners' Capital:
Net investment income (loss)	[2],[3]	1.70%	1.30%	1.50%	0.90%
Operating expenses	[2]	3.20%	3.40%	3.10%	3.10%
Incentive fees	[2]	(0.10%)	0.40%	0.30%	0.50%
Total expenses	[2]	3.10%	3.80%	3.40%	3.60%
Total return:
Incentive fees	[2]	0.10%	(0.40%)	(0.30%)	(0.50%)
Total Return [Member] \| Class A [Member]
Ratios to Average Limited Partners' Capital:
Incentive fees	[2]	(0.10%)	0.30%	0.30%	0.50%
Total return:
Total return before incentive fees	[2]	(2.10%)	1.10%	0.60%	(0.90%)
Incentive fees	[2]	0.10%	(0.30%)	(0.30%)	(0.50%)
Total return after incentive fees	[2]	(2.00%)	0.80%	0.30%	(1.40%)
Total Return [Member] \| Class D [Member]
Ratios to Average Limited Partners' Capital:
Incentive fees	[2]	(0.10%)	0.30%	0.30%	0.50%
Total return:
Total return before incentive fees	[2]	(2.10%)	1.10%	0.60%	(0.90%)
Incentive fees	[2]	0.10%	(0.30%)	(0.30%)	(0.50%)
Total return after incentive fees	[2]	(2.00%)	0.80%	0.30%	(1.40%)
Total Return [Member] \| Class Z [Member]
Ratios to Average Limited Partners' Capital:
Incentive fees	[2]	(0.10%)	0.30%	0.30%	0.40%
Total return:
Total return before incentive fees	[2]	(1.90%)	1.30%	1%	(0.60%)
Incentive fees	[2]	0.10%	(0.30%)	(0.30%)	(0.40%)
Total return after incentive fees	[2]	(1.80%)	1%	0.70%	(1.00%)

[1]Net investment income (loss) per Redeemable Unit is calculated by dividing the interest income less total expenses by the average number of Redeemable Units outstanding during the period. The net realized and unrealized gains (losses) per Redeemable Unit is a balancing amount necessary to reconcile the change in net asset value per Redeemable Unit with the other per unit information.[2]Annualized (except for incentive fees).[3]Interest income less total expenses.

Trading Activities - Additional

Trading Activities - Additional Information (Detail) - Contract	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Futures [Member]
Derivative [Line Items]
Monthly average number of derivative contracts traded	5,133	4,987	5,995	5,020
Option [Member]
Derivative [Line Items]
Monthly average number of derivative contracts traded	3,061	1,651	2,808	1,406
Forwards [Member] \| Metals [Member]
Derivative [Line Items]
Monthly average number of derivative contracts traded	1,135	905	1,167	981

Trading Activities - Summary of

Trading Activities - Summary of Valuation of Investments (Detail) - USD ($)		Jun. 30, 2024	Dec. 31, 2023
Derivative [Line Items]
Gross Amounts Recognized, Assets		$ 4,057,146	$ 6,596,343
Gross Amounts Offset in the Statements of Financial Condition, Assets		(4,057,146)	(6,425,854)
Amounts Presented in the Statements of Financial Condition, Assets		0	170,489
Financial Instruments, Assets		0	0
Cash Collateral Received/Pledged, Assets		0	0
Net Amount, Assets		0	170,489
Gross Amounts Recognized, Liabilities		(5,084,885)	(6,425,854)
Gross Amounts Offset in the Statements of Financial Condition, Liabilities		4,057,146	6,425,854
Amounts Presented in the Statements of Financial Condition, Liabilities		(1,027,739)	0
Financial Instruments, Liabilities		0	0
Cash Collateral Received/Pledged, Liabilities		1,027,739	0
Net Amount, Liabilities		0	0
Net fair value	[1]	0	170,489
Futures [Member]
Derivative [Line Items]
Gross Amounts Recognized, Assets		2,423,213	4,933,516
Gross Amounts Offset in the Statements of Financial Condition, Assets		(2,423,213)	(4,767,875)
Amounts Presented in the Statements of Financial Condition, Assets		0	165,641
Financial Instruments, Assets		0	0
Cash Collateral Received/Pledged, Assets		0	0
Net Amount, Assets		0	165,641
Gross Amounts Recognized, Liabilities		(3,317,612)	(4,767,875)
Gross Amounts Offset in the Statements of Financial Condition, Liabilities		2,423,213	4,767,875
Amounts Presented in the Statements of Financial Condition, Liabilities		(894,399)	0
Financial Instruments, Liabilities		0	0
Cash Collateral Received/Pledged, Liabilities		894,399	0
Net Amount, Liabilities		0	0
Forwards [Member]
Derivative [Line Items]
Gross Amounts Recognized, Assets		1,633,933	1,662,827
Gross Amounts Offset in the Statements of Financial Condition, Assets		(1,633,933)	(1,657,979)
Amounts Presented in the Statements of Financial Condition, Assets		0	4,848
Financial Instruments, Assets		0	0
Cash Collateral Received/Pledged, Assets		0	0
Net Amount, Assets		0	4,848
Gross Amounts Recognized, Liabilities		(1,767,273)	(1,657,979)
Gross Amounts Offset in the Statements of Financial Condition, Liabilities		1,633,933	1,657,979
Amounts Presented in the Statements of Financial Condition, Liabilities		(133,340)	0
Financial Instruments, Liabilities		0	0
Cash Collateral Received/Pledged, Liabilities		133,340	0
Net Amount, Liabilities		$ 0	$ 0

[1]In the event of default by the Partnership, MS&Co., the Partnership’s commodity futures broker and the sole counterparty to the Partnership’s non-exchange-traded contracts, as applicable, has the right to offset the Partnership’s obligation with the Partnership’s cash and/or U.S. Treasury bills held by MS&Co., thereby minimizing MS&Co.’s risk of loss. In certain instances, MS&Co. may not post collateral and as such, in the event of default by MS&Co., the Partnership is exposed to the amount shown in the Statements of Financial Condition. In the case of exchange-traded contracts, the Partnership’s exposure to counterparty risk may be reduced since the exchange’s clearinghouse interposes its credit between buyer and seller and the clearinghouse’s guarantee funds may be available in the event of a default. In some instances, the actual collateral received and/or pledged may be more than the amount shown due to overcollateralization.

Trading Activities - Gross Fair

Trading Activities - Gross Fair Values of Derivative Instruments of Futures, Forward and Option Contracts, as Separate Assets and Liabilities (Detail) - USD ($)		Jun. 30, 2024		Dec. 31, 2023
Derivative [Line Items]
Total options purchased	[1]	$ 2,568,628		$ 2,088,771
Total options written	[2]	(2,684,185)		(1,596,340)
Forwards [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		1,633,933		1,662,827
Total unrealized depreciation on open contracts		(1,767,273)		(1,657,979)
Net unrealized appreciation (depreciation) on open contracts		(133,340)	[3]	4,848	[4]
Future [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		2,423,213		4,933,516
Total unrealized depreciation on open contracts		(3,317,612)		(4,767,875)
Net unrealized appreciation (depreciation) on open contracts		(894,399)	[5]	165,641	[6]
Currencies [Member] \| Future [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		23,605		68,945
Total unrealized depreciation on open contracts		(45,690)		(90,394)
Energy [Member]
Derivative [Line Items]
Total options purchased		77,180		51,510
Total options written		(39,860)		(356,360)
Energy [Member] \| Future [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		1,115,969		2,196,853
Total unrealized depreciation on open contracts		(1,466,564)		(3,135,674)
Grains [Member]
Derivative [Line Items]
Total options purchased		2,039,625		1,817,794
Total options written		(863,712)		(568,650)
Grains [Member] \| Future [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		753,766		1,829,613
Total unrealized depreciation on open contracts		(290,326)		(656,164)
Livestock [Member]
Derivative [Line Items]
Total options purchased		311,405		164,590
Total options written		(184,130)		(74,200)
Livestock [Member] \| Future [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		74,387		66,375
Total unrealized depreciation on open contracts		(40,321)		(55,520)
Metals [Member]
Derivative [Line Items]
Total options purchased		42,722		30,997
Total options written		(77,974)		(30,997)
Metals [Member] \| Forwards [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		1,633,933		1,662,827
Total unrealized depreciation on open contracts		(1,767,273)		(1,657,979)
Metals [Member] \| Future [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		139,560		223,298
Total unrealized depreciation on open contracts		(107,568)		(126,949)
Softs [Member]
Derivative [Line Items]
Total options purchased		97,696		23,880
Total options written		(1,518,509)		(566,133)
Softs [Member] \| Future [Member]
Derivative [Line Items]
Total unrealized appreciation on open contracts		315,926		548,432
Total unrealized depreciation on open contracts		$ (1,367,143)		$ (703,174)

[1]This amount is in “Options purchased, at fair value” in the Statements of Financial Condition.[2]This amount is in “Options written, at fair value” in the Statements of Financial Condition.[3]This amount is in “Net unrealized depreciation on open forward contracts” in the Statements of Financial Condition.[4]This amount is in “Net unrealized appreciation on open forward contracts” in the Statements of Financial Condition.[5]This amount is in “Net unrealized depreciation on open futures contracts” in the Statements of Financial Condition.[6]This amount is in “Net unrealized appreciation on open futures contracts” in the Statements of Financial Condition.

Trading Activities - Trading Ga

Trading Activities - Trading Gains and Losses, by Market Sector, on Derivative Instruments (Detail) - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Derivative [Line Items]
Trading gains and losses	[1]	$ (2,287,269)	$ 1,631,201	$ 2,225,054	$ (226,794)
Currencies [Member]
Derivative [Line Items]
Trading gains and losses		(42,841)	(138,655)	(96,815)	(220,580)
Energy [Member]
Derivative [Line Items]
Trading gains and losses		(714,134)	(1,510,665)	2,645,970	(3,212,293)
Grains [Member]
Derivative [Line Items]
Trading gains and losses		388,217	298,980	4,082,801	(687,992)
Livestock [Member]
Derivative [Line Items]
Trading gains and losses		(420,922)	1,338,841	154,364	1,660,221
Metals [Member]
Derivative [Line Items]
Trading gains and losses		(144,388)	159,058	(877,982)	293,343
Softs [Member]
Derivative [Line Items]
Trading gains and losses		$ (1,353,201)	$ 1,483,642	$ (3,683,284)	$ 1,940,507

[1]This amount is included in “Total trading results” in the Statements of Income and Expenses.

Fair Value Measurements - Deriv

Fair Value Measurements - Derivative Instrument Fair Value Based on Hierarchy (Detail) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	$ 6,625,774	$ 8,685,114
Derivative liabilities	7,769,070	8,022,194
Futures [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	2,423,213	4,933,516
Derivative liabilities	3,317,612	4,767,875
Forwards [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	1,633,933	1,662,827
Derivative liabilities	1,767,273	1,657,979
Option [Member] \| Options purchased [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	2,568,628	2,088,771
Option [Member] \| Options written [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	2,684,185	1,596,340
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	4,991,841	7,022,287
Derivative liabilities	6,001,797	6,364,215
Level 1 [Member] \| Futures [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	2,423,213	4,933,516
Derivative liabilities	3,317,612	4,767,875
Level 1 [Member] \| Option [Member] \| Options purchased [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	2,568,628	2,088,771
Level 1 [Member] \| Option [Member] \| Options written [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	2,684,185	1,596,340
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	1,633,933	1,662,827
Derivative liabilities	1,767,273	1,657,979
Level 2 [Member] \| Forwards [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	1,633,933	1,662,827
Derivative liabilities	$ 1,767,273	$ 1,657,979

Investment in the Funds - Addit

Investment in the Funds - Additional Information (Detail)	6 Months Ended	12 Months Ended
Investment in the Funds - Additional Information (Detail)	Jun. 30, 2024	Dec. 31, 2023
CMF NL Master Fund LL [Member]
Investment [Line Items]
Percentage owned by partnership	28.50%	28.30%
Drakewood [Member]
Investment [Line Items]
Percentage owned by partnership	42.40%	35.50%

Investment in the Funds - Asset

Investment in the Funds - Assets, Liabilities and Partners' Capital of Funds (Detail) - USD ($)	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Schedule of Investments [Line Items]
Total Assets	$ 146,880,725		$ 153,897,444
Total Liabilities	6,285,821		9,324,545
Total Capital	140,594,904	$ 145,962,408	144,572,899	$ 149,198,725	$ 152,731,033	$ 155,036,001
Drakewood Master [Member]
Schedule of Investments [Line Items]
Total Assets	52,219,515		51,637,147
Total Liabilities	3,467,122		5,483,874
Total Capital	48,752,393		46,153,273
NL Master [Member]
Schedule of Investments [Line Items]
Total Assets	35,662,652		40,864,449
Total Liabilities	3,866,761		126,823
Total Capital	$ 31,795,891		$ 40,737,626

Investment in the Funds - Net I

Investment in the Funds - Net Investment Income (Loss), Trading Results and Net Income (Loss) of Funds (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Schedule of Investments [Line Items]
Net Investment Income (Loss)	$ 506,513	$ (297,893)	$ 272,087	$ (271,022)
Net income (loss)	(2,884,575)	1,184,370	543,883	(2,133,476)
Drakewood Master [Member]
Schedule of Investments [Line Items]
Net Investment Income (Loss)	362,277	373,072	683,298	641,952
Total Trading Results	(751,386)	(889,597)	(315,390)	(1,743,275)
Net income (loss)	(389,109)	(516,525)	367,908	(1,101,323)
NL Master [Member]
Schedule of Investments [Line Items]
Net Investment Income (Loss)	351,149	432,129	824,544	804,887
Total Trading Results	(2,626,036)	953,963	(5,986,329)	(3,492,307)
Net income (loss)	$ (2,274,887)	$ 1,386,092	$ (5,161,785)	$ (2,687,420)

Investment in the Funds - Partn

Investment in the Funds - Partnership's Investments in, and Partnership's Pro Rata Share of Results of Operations of Funds (Detail) - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Schedule of Investments [Line Items]
% of Partners' Capital		21.23%		21.23%		19.38%
Fair Value	[1]	$ 29,844,176		$ 29,844,176		$ 28,018,100
Net income (loss)		(2,884,575)	$ 1,184,370	543,883	$ (2,133,476)
Drakewood Master [Member]
Schedule of Investments [Line Items]
Income (Loss)		(751,386)	(889,597)	(315,390)	(1,743,275)
Net income (loss)		$ (389,109)	(516,525)	$ 367,908	(1,101,323)
NL Master [Member]
Schedule of Investments [Line Items]
% of Partners' Capital		6.48%		6.48%		8%
Fair Value		$ 9,109,533		$ 9,109,533		$ 11,558,658
Investment In Funds [Member]
Schedule of Investments [Line Items]
Expenses, Clearing Fees		46,444	27,971	73,297	55,360
Investment In Funds [Member] \| Commodity [Member]
Schedule of Investments [Line Items]
Fair Value		29,844,176		29,844,176		$ 28,018,100
Income (Loss)		(795,919)	151,674	(1,340,490)	(1,113,910)
Expenses, Professional Fees		12,065	10,864	23,918	20,486
Net income (loss)		$ (854,428)	112,839	$ (1,437,705)	(1,189,756)
Investment In Funds [Member] \| Commodity [Member] \| Drakewood Master [Member]
Schedule of Investments [Line Items]
% of Partners' Capital		14.75%		14.75%		11.38%
Fair Value		$ 20,734,643		$ 20,734,643		$ 16,459,442
Income (Loss)		(156,218)	(242,316)	168,951	(390,589)
Expenses, Clearing Fees		36,290	21,636	59,247	44,484
Expenses, Professional Fees		7,259	6,394	14,029	11,565
Net income (loss)		$ (199,767)	$ (270,346)	$ 95,675	$ (446,638)
Investment Objective		Commodity Portfolio	Commodity Portfolio	Commodity Portfolio	Commodity Portfolio
Redemptions Permitted		Monthly	Monthly	Monthly	Monthly
Investment In Funds [Member] \| NL Master [Member]
Schedule of Investments [Line Items]
Expenses, Clearing Fees		$ 10,154	$ 6,335	$ 14,050	$ 10,876
Investment In Funds [Member] \| NL Master [Member] \| Commodity [Member]
Schedule of Investments [Line Items]
% of Partners' Capital		6.48%		6.48%		8%
Fair Value		$ 9,109,533		$ 9,109,533		$ 11,558,658
Income (Loss)		(639,701)	393,990	(1,509,441)	(723,321)
Expenses, Professional Fees		4,806	4,470	9,889	8,921
Net income (loss)		$ (654,661)	$ 383,185	$ (1,533,380)	$ (743,118)
Investment Objective		Commodity Portfolio	Commodity Portfolio	Commodity Portfolio	Commodity Portfolio
Redemptions Permitted		Monthly	Monthly	Monthly	Monthly

[1]Defined in Note 1.

Financial Instrument Risks - Ad

Financial Instrument Risks - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2024
Risks and Uncertainties [Abstract]
Financial instruments maturity period	1 year