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Tue, Dec 3rd, 2024

Andrew Hecht

Andrew Hecht

Andrew Hecht is a commodities trader and analyst with over forty years of experience. He began his career at Philipp Brothers, the world's leading merchant physical commodities trading company, in the 1970s through the 1990s. Hecht spent two decades with Philipp Brothers working in the commodities division, Salomon Brothers division, and at Phibro Energy where he ran trading, sales, and marketing in a wide range of commodity products. He subsequently worked with banks, hedge funds, and institutions trading commodities and managing risk. The business took him around the globe to assist producers and consumers. 

Andy has taught at the university level and writes prolifically on commodities for many portals. He has been one of the top-rated and followed contributors at Seeking Alpha and other sites, including Barchart over the past years.

Most Recent Stories

Commodity Market Roundup- November’s Top Performers and Underperformers

Soft commodities, natural gas, and cryptocurrencies posted impressive gains in November, while metals and most energy commodities were lower. Markets reflect the economic and political landscapes, dramatically...

KCH25 : 294.05 (-0.68%)
CLF25 : 70.14 (+3.00%)
CCH25 : 9,118 (-3.02%)
^BTCUSD : 95,417.32 (-0.10%)
NGF25 : 3.072 (-4.39%)
Will the U.S. Dollar Breakout on the Upside?

The U.S. dollar index had traded between just under 100 and just over 107 since late 2022. After trading to the bottom end of the range in September 2024, the index challenged the top end of the band,...

$DXY : 106.23 (-0.14%)
ZBZ24 : 119-08 (-0.16%)
Will U.S. Bonds Keep Falling?

The U.S. Fed has cut the short-term Fed Funds Rate by 75 basis points since September 2024 and has told markets that more monetary policy easing is on the horizon. Meanwhile, longer-term rates continue...

ZBZ24 : 119-08 (-0.16%)
TLT : 93.29 (-0.62%)
Is Gold’s Correction Another Buying Opportunity?

Gold prices corrected after reaching another new record high in October 2024, at over $2,800 per ounce. In post-election trading, gold prices are around $200 lower than the October high. While the correction...

GCZ24 : 2,645.3 (+0.39%)
Will Silver Trade at New Record Highs in 2025?

Silver prices have been making higher lows and higher highs since the March 2020 pandemic-inspired low. In October 2024, the price probed above the $35 level for the first time since October 2012, and...

SIZ24 : 31.105 (+2.15%)
SILJ : 12.11 (+4.31%)
SIL : 38.27 (+5.02%)
GCZ24 : 2,645.3 (+0.39%)
SLV : 28.24 (+1.62%)
Are Cattle Prices Heading for Record Highs in 2025?

Live and cattle feeder futures prices have risen since the 2020 pandemic-inspired lows. After reaching record highs in 2024, cattle futures are consolidating, and new highs could be on the horizon in 2025....

GFF25 : 260.200 (+1.30%)
GFK25 : 259.350 (+0.76%)
LEM25 : 186.850 (+0.48%)
LEZ24 : 188.550 (+0.55%)
Do We Have to Wait Until Next Year for a Recovery in Wheat?

After reaching a record high in 2022, nearby CBOT wheat futures prices plunged and remain well below $6 per bushel in November 2024. The bearish price action during the 2024 crop year means we may have...

ZWZ24 : 544-6 (+1.35%)
Is the Cocoa Rally Over?

Cocoa prices soared in 2024, reaching twice the pre-2024 record high. West African weather caused cocoa bean shortages, lifting prices into the stratosphere. As the cocoa market moves towards the end of...

CCZ24 : 8,833 (-3.96%)
NIB : 36.29 (+1.65%)
Will Lumber Rally During the First Half of 2025?

The CME’s physical lumber futures contract for delivery in 2025 has been moving higher and is approaching a critical technical resistance level in late 2024.

ZBZ24 : 119-08 (-0.16%)
LBF25 : 593.50 (-0.42%)
Can Natural Gas Rally?

Natural gas is one of the most volatile commodities traded on the futures exchange. The highly seasonal energy commodity is heading toward the peak demand season when inventories decline, but the price...

NFZ24 : 115.440s (-1.32%)
TGZ24 : 46.260s (-1.07%)
NGZ24 : 3.431s (+1.84%)
UNG : 13.30 (-4.18%)
BOIL : 38.81 (-8.14%)
KOLD : 68.40 (+8.07%)

Tweets @Barchart

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Janux Therapeutics $JANX soars following positive results from its prostate cancer treatment 🚨 https://t.co/GBoIKemHak
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Fidelity boosts the valuation of Elon Musk's X platform by 32%, now giving it a valuation of more than $12 Billion 🚨 https://t.co/5AyvGc5GWH
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Indian Stocks suffered a "Baby Death Cross" late last week when the Nifty 50 saw its 50D moving average cross below its 100D moving average 🚨 https://t.co/JRcV5mqeQT
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The price premium for newly built homes over existing homes in the United States has dropped to the lowest level in more than 40 years 🚨 https://t.co/TBEykrhzP5
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Potential Head & Shoulders formation in Solana $SOL https://t.co/QoRzG5yZa7
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China's 10-Year Bond Yield falls below 2% for the first time in at least 22 years 🚨 https://t.co/9PuaUKQjUj
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BREAKING 🚨: China Chinese Yuan plunges to its weakest level against the U.S. Dollar in more than 12 months https://t.co/OHxe8hbE6I https://t.co/U4n7bEGuuc
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December is the worst month of the year for the U.S. Dollar Index $DXY, with substantial declines in 7 of the last 8 years https://t.co/s8BNOr2gbp
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Welp, we’ve had a good run folks 🫡 https://t.co/xKKacBVnRS
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