Schedule of Fair Value of Derivative Instruments |
Offsetting of Financial Assets and Derivative Assets as of March 31, 2014 | | (i) | | | (ii) | | | (iii) = (i) - (ii) | | | (iv) | | | (v) = (iii) - (iv) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Gross Amount Not Offset in the | | | | | | | | | | | | | | | | Statement of Assets and Liabilities | | | | | | | | | | Gross Amount | | | Net Amount | | | | | | | | | | | | | | | | Offset in the | | | Presented in the | | | | | | | | | | | | | Gross Amount | | | Statement of | | | Statement of | | | | | | | | | | | | | of Recognized | | | Assets and | | | Assets and | | | Financial | | | Cash Collateral | | | | | Description | | Assets | | | Liabilities | | | Liabilities | | | Instruments | | | Received | | | Net Amount | | Commodity price | | | | | | | | | | | | | | | | | | | | | | | | | Corn futures contracts | | $ | 6,200,625 | | | $ | - | | | $ | 6,200,625 | | | $ | - | | | $ | - | | | $ | 6,200,625 | | Natural gas futures contracts | | | 111,110 | | | | - | | | | 111,110 | | | | 5,900 | | | | 51,740 | | | | 53,470 | | WTI crude oil futures contracts | | | 137,100 | | | | - | | | | 137,100 | | | | - | | | | 75,775 | | | | 61,325 | | Soybean futures contracts | | | 166,138 | | | | - | | | | 166,138 | | | | 29,650 | | | | - | | | | 136,488 | | Sugar futures contracts | | | 50,691 | | | | - | | | | 50,691 | | | | 9,845 | | | | - | | | | 40,846 | | Wheat futures contracts | | | 788,013 | | | | - | | | | 788,013 | | | | - | | | | - | | | | 788,013 | | Offsetting of Financial Liabilities and Derivative Liabilities as of March 31, 2014 | | (i) | | | (ii) | | | (iii) = (i) - (ii) | | | (iv) | | | (v) = (iii) - (iv) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Gross Amount Not Offset in the | | | | | | | | | | | | | | | | Statement of Assets and Liabilities | | | | | | | | | | Gross Amount | | | Net Amount | | | | | | | | | | | | | | | | Offset in the | | | Presented in the | | | | | | | | | | | | | Gross Amount | | | Statement of | | | Statement of | | | | | | | | | | | | | of Recognized | | | Assets and | | | Assets and | | | Financial | | | Cash Collateral | | | | | Description | | Liabilities | | | Liabilities | | | Liabilities | | | Instruments | | | Pledged | | | Net Amount | | Commodity price | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Natural gas futures contracts | | $ | 5,900 | | | $ | - | | | $ | 5,900 | | | $ | 5,900 | | | $ | - | | | $ | - | | Soybean futures contracts | | | 29,650 | | | | - | | | | 29,650 | | | | 29,650 | | | | - | | | | - | | Sugar futures contracts | | | 9,845 | | | | - | | | | 9,845 | | | | 9,845 | | | | - | | | | - | | Offsetting of Financial Assets and Derivative Assets as of December 31, 2013 | | (i) | | | (ii) | | | (iii) = (i) - (ii) | | | (iv) | | | (v) = (iii) - (iv) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Gross Amount Not Offset in the | | | | | | | | | | | | | | | | Statement of Assets and Liabilities | | | | | | | | | | Gross Amount | | | Net Amount | | | | | | | | | | | | | | | | Offset in the | | | Presented in the | | | | | | | | | | | | | Gross Amount | | | Statement of | | | Statement of | | | | | | | | | | | | | of Recognized | | | Assets and | | | Assets and | | | Financial | | | Cash Collateral | | | | | Description | | Assets | | | Liabilities | | | Liabilities | | | Instruments | | | Received | | | Net Amount | | Commodity price | | | | | | | | | | | | | | | | | | | | | | | | | Natural gas futures contracts | | $ | 84,050 | | | $ | - | | | $ | 84,050 | | | $ | - | | | $ | 74,157 | | | $ | 9,893 | | WTI crude oil futures contracts | | | 87,530 | | | | - | | | | 87,530 | | | | 5,080 | | | | 23,445 | | | | 59,005 | | Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2013 | | (i) | | | (ii) | | | (iii) = (i) - (ii) | | | (iv) | | | (v) = (iii) - (iv) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Gross Amount Not Offset in the | | | | | | | | | | | | | | | | Statement of Assets and Liabilities | | | | | | | | | | Gross Amount | | | Net Amount | | | | | | | | | | | | | | | | Offset in the | | | Presented in the | | | | | | | | | | | | | Gross Amount | | | Statement of | | | Statement of | | | | | | | | | | | | | of Recognized | | | Assets and | | | Assets and | | | Financial | | | Cash Collateral | | | | | Description | | Liabilities | | | Liabilities | | | Liabilities | | | Instruments | | | Pledged | | | Net Amount | | Commodity price | | | | | | | | | | | | | | | | | | | | | | | | | Corn futures contracts | | $ | 4,884,788 | | | $ | - | | | $ | 4,884,788 | | | $ | - | | | $ | 4,884,788 | | | $ | - | | WTI crude oil futures contracts | | | 5,080 | | | | - | | | | 5,080 | | | | 5,080 | | | | - | | | | - | | Soybean futures contracts | | | 188,863 | | | | - | | | | 188,863 | | | | - | | | | 188,863 | | | | - | | Sugar futures contracts | | | 183,400 | | | | - | | | | 183,400 | | | | - | | | | 183,400 | | | | - | | Wheat futures contracts | | | 698,675 | | | | - | | | | 698,675 | | | | - | | | | 698,675 | | | | - | | |
Schedule of Realized and Unrealized Gains (Losses) of Derivative Instruments |
Three months ended March 31, 2014 | | Realized Gain (Loss) on | | Net Change in Unrealized Gain | Primary Underlying Risk | | Derivative Instruments | | on Derivative Instruments | Commodity price | | | | | | | | | Corn futures contracts | | $ | 1,283,346 | | | $ | 11,085,413 | | Natural gas futures contracts | | | 214,190 | | | | 21,160 | | WTI crude oil futures contracts | | | - | | | | 54,650 | | Soybean futures contracts | | | 26,100 | | | | 325,351 | | Sugar futures contracts | | | (3,281 | ) | | | 224,246 | | Wheat futures contracts | | | 230,450 | | | | 1,486,688 | | Total commodity futures contracts | | $ | 1,750,805 | | | $ | 13,197,508 | | Three months ended March 31, 2013 | | Realized Loss on | | Net Change in Unrealized (Loss) | Primary Underlying Risk | | Derivative Instruments | | Gain on Derivative Instruments | Commodity price | | | | | | | | | Corn futures contracts | | $ | (1,859,822 | ) | | $ | (611,025 | ) | Natural gas futures contracts | | | (110,739 | ) | | | 492,549 | | WTI crude oil futures contracts | | | (9,320 | ) | | | 52,610 | | Soybean futures contracts | | | (217,575 | ) | | | 140,050 | | Sugar futures contracts | | | (85,826 | ) | | | (123,121 | ) | Wheat futures contracts | | | (385,538 | ) | | | (438,975 | ) | Total commodity futures contracts | | $ | (2,668,820 | ) | | $ | (487,912 | ) | |