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Wed, Jul 10th, 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

Where are Grain and Oilseed Prices Heading in Q3 and Beyond?

Grain and oilseed prices have been under selling pressure since making all-time or multi-year highs in 2022. The selling continued in Q1 and Q2 2024. As we move into the second half of 2024, prices have...

ZCZ24 : 407-2s (-0.31%)
ZSX24 : 1074-0s (-0.56%)
ZWU24 : 568-6s (-0.57%)
Where are Animal Proteins Prices Heading in Q3 and Beyond?

The animal protein sector of the commodities market, including live and feeder cattle and lean hog futures, edged marginally higher in Q2. Meats are now in the middle of the peak demand season, when prices...

LEQ24 : 182.350s (-1.08%)
GFQ24 : 255.725s (-1.33%)
HEQ24 : 88.400s (-1.26%)
Is Lumber Close to a Bottom?

After posting a slight rise in Q1, lumber futures are now over 21% lower since the end of 2023. The path of least resistance of interest rates will likely determine lumber’s path over the coming weeks...

LBN24 : 438.50s (-1.13%)
LBU24 : 468.00s (-2.09%)
ZBU24 : 118-15s (+0.03%)
CUT : 32.25 (-1.04%)
WY : 27.57 (-0.07%)
Will Natural Gas Volatility Continue?

Natural gas prices doubled from the March 2024 low. After trading at the highest price since 2008 in 2022, the energy commodity plunged, reaching a bottom at the end of the 2023/2024 peak demand season....

NGQ24 : 2.341 (-0.13%)
NFQ24 : 72.790s (-2.95%)
TGQ24 : 31.335s (unch)
UNG : 15.73 (-0.82%)
Is the Gold Correction Another Buying Opportunity?

Each new high in gold over the past two and one-half decades has led to a correction. After reaching $2,435.80 in May 2024, gold’s price has declined, but the price of yellow precious metal remains above...

GCQ24 : 2,373.9 (+0.25%)
GLD : 218.56 (+0.17%)
Can Grain and Oilseeds Recover?

The leading grain and oilseed futures have significantly declined from their 2022 highs. During the heart of the 2024 growing season in the Northern Hemisphere, prices remain under pressure. The recent...

ZCN24 : 400-2s (unch)
ZSN24 : 1161-4s (unch)
ZWN24 : 554-2s (unch)
Can Arabica Coffee Futures Eclipse the Early 2022 High?

Arabica coffee futures are comfortably above the $2 per pound level after settling below at the end of the first quarter. Coffee is trending higher, and a challenge of the February 2022 high could be on...

KCN24 : 252.00s (+6.69%)
RMN24 : 4,866s (unch)
What Will Happen in Markets as the U.S. Election Approaches?

Elections have consequences. In the U.S., the November 5, 2024, Presidential Election will be one of the most consequential in history, with significant ramifications for markets across all asset classes....

Will Crude Oil Continue to Recover?

Crude oil prices had been making lower highs and lower lows since mid-April 2024 before turning higher. Crude oil is a volatile energy commodity that has become more political as U.S. energy policy addressing...

CLQ24 : 81.24 (-0.21%)
QAQ24 : 86.41s (+0.02%)
Can Coal Prices Rally?

Coal remains a critical energy commodity, as burning the fossil fuel is one method of producing electricity. While the United States and Europe move away from coal-fired power generation, the world’s...

CLN24 : 82.17s (+0.74%)
QAQ24 : 86.41s (+0.02%)
NGN24 : 2.628s (-4.64%)
LUN24 : 103.00s (-1.44%)
LQN24 : 135.25s (+0.15%)

Tweets @Barchart

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Hedge Funds have built the largest short position in Gasoline since 2017 https://t.co/xiV4ziAmS0
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McDonald's $MCD closes at lowest price since October 2022 https://t.co/s3RmGwbn4c
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Tesla $TSLA hits most overbought level since June 2023 https://t.co/dlFkQFQGl2
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Arabica Coffee (i.e. the good stuff) is approaching a 13-year high https://t.co/rWUvsByyFd
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Lumber falls to lowest price since January 2023 🚨 https://t.co/D2dzX14NVK
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Equity Put/Call ratio drops to lowest level in 12 months https://t.co/XIcZM7KXIV
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France's New Popular Front party, which secured the most seats in last weekend's election, plans to introduce a 90% tax on those making over 400,000 euros https://t.co/l15RlLADYG
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Walgreens $WBA does it again, a new 27-year low. The stock has now traded red in 10 of the last 11 days. Horrendous! https://t.co/wArNoyVx8z
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Nvidia Insider Trading Alert 🚨 CEO Jensen Huang just sold $30.7 million worth of $NVDA shares bringing his total sales over the last month to just under $250 million. https://t.co/5foSggacui https://t.co/xnphzgKCOV
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