{"url_path":"/sec/cik-0001066656/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-12","source_url":"https://www.sec.gov/Archives/edgar/data/1066656/0001193125-26-218624-index.html","accession_number":"0001193125-26-218624","cik":"0001066656","ticker":null,"issuer_name":"Ceres Classic L.P.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1066656/0001193125-26-218624-index.html","primary_entity_key":"0001066656","primary_entity_name":"Ceres Classic L.P."},"word_count":1416,"has_tables":true,"body_markdown":"10-Q\n\nfalseQ10001066656--12-31Due to rounding.In the event of default by the Partnership, MS&Co., the Partnership’s commodity futures broker and a counterparty to the Partnership’s non-exchange-traded contracts, as applicable, and JPM, as a counterparty to certain non-exchange traded contracts, has the right to offset the Partnership’s obligation with the Partnership’s cash and/or U.S. Treasury bills held by MS&Co. or JPM, as applicable, thereby minimizing MS&Co.’s and JPM’s risk of loss. In certain instances, a counterparty may not post collateral and as such, in the event of default by such counterparty, the Partnership is exposed to the amount shown in the Consolidated 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.This amount is in “Net unrealized appreciation on open forward contracts” in the Consolidated Statements of Financial Condition.This amount is in “Net unrealized appreciation on open futures contracts” in the Consolidated Statements of Financial Condition.This amount is in “Total trading results” in the Consolidated Statements of Income and Expenses.Annualized (except for incentive fees).Interest income less total expenses.Net investment income (loss) per Unit is calculated by dividing the interest income less total expenses by the average number of Units outstanding during the year. The net realized and unrealized gains (losses) per Unit is a balancing amount necessary to reconcile the change in net asset value per Unit with the other per unit information. 0001066656 2025-01-01 2025-03-31 0001066656 2026-01-01 2026-03-31 0001066656 2026-03-31 0001066656 2025-12-31 0001066656 2024-12-31 0001066656 2025-03-31 0001066656 ck0001066656:CapitalUnitClassZMember 2025-12-31 0001066656 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2025-12-31 0001066656 us-gaap:FairValueMeasurementsRecurringMember us-gaap:FutureMember 2025-12-31 0001066656 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:ForwardContractsMember 2025-12-31 0001066656 us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2025-12-31 0001066656 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2025-12-31 0001066656 us-gaap:FairValueInputsLevel2Member 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15(d)\n\nOF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the transition period from\n\n  \n\nto\n\n  \n\nCommission File Number:\n\n000-25603\n\nCERES CLASSIC L.P.\n\n \n\n(Exact name of registrant as specified in its charter)\n\n \n\nDelaware\n\n \n\n13-4018068\n\n(State or other jurisdiction of\n\nincorporation or organization)\n\n \n\n(I.R.S. Employer\n\nIdentification No.)\n\nc/o Ceres Managed Futures LLC\n\n1585 Broadway\n\nNew York, New York 10036\n\n \n\n(Address of principal executive offices) (Zip Code)\n\n(855)\n672-4468\n\n \n\n(Registrant’s telephone number, including area code)\n\nSecurities registered pursuant to Section 12(b) of the Act: None.\n\n \n\nTitle of each class\n  \nTrading Symbol(s)\n  \nName of each exchange on which registered\n\nN/A\n  \nN/A\n  \nN/A\n\nIndicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.\n\nYes\nX\n No\n\n \n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).\n\nYes\nX\n No\n\n \n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a\nnon-accelerated\nfiler, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule\n12b-2\nof the Exchange Act.\n\n \n\nLarge accelerated filer\n\n \n\n  \n\nAccelerated filer\n\n \n\n \n\nNon-accelerated\nfiler\nX\n\nSmaller reporting company\n\n \n\n  \n\nEmerging growth company\n\n \n\n \n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.\n\n \n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule\n12b-2\nof the Exchange Act).\n\nYes\n\n \n\nNo\nX\n\nAs of April 30, 2026, 4,231,614.106 Limited Partnership Class A Units were outstanding and 11,079.649 Limited Partnership Class Z Units were outstanding.\n\nhttp://fasb.org/us-gaap/2025#Liabilities\n\nPART I. FINANCIAL INFORMATION"}