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Andrew Hecht

Thu, Nov 21st, 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

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 : 556-0 (+0.63%)
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 : 8,614 (+3.29%)
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 : 116-15 (-0.08%)
LBF25 : 610.00s (-0.81%)
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 : 121.800 (+3.97%)
TGZ24 : 48.705 (+4.08%)
NGZ24 : 3.408 (+6.73%)
UNG : 15.37 (+4.20%)
BOIL : 52.86 (+8.45%)
KOLD : 53.50 (-8.61%)
Will the Technical Support Hold in Crude Oil after the Election?

Crude oil prices have been falling, making lower highs, since this year’s April 2024 high. The U.S. election has changed the oil market’s dynamics.

USO : 72.98 (+1.33%)
UCO : 26.58 (+2.19%)
CLZ24 : 68.87s (-0.75%)
SCO : 17.60 (-2.22%)
Can the REMX ETF Rally?

While the REMX ETF’s name implies significant exposure to rare earth metals and minerals, the product’s holdings are primarily invested in lithium-producing mining companies. REMX has been under pressure,...

REMX : 46.31 (-0.02%)
Is Chinese Stimulus Igniting Coal Prices?

Climate change concerns have made coal the least popular fossil fuel. Meanwhile, coal prices have edged higher since mid-September 2024, with the Newcastle coal futures leading the way on the upside.

LQV24 : 144.90s (-0.41%)
LUV24 : 119.65s (+0.34%)
Commodity Market Roundup: October’s Top Performers and Underperformers

Commodity prices turned mixed results in October even though bearish price action in the bond market and the pushed interest rates higher and bullish action in the dollar index tends to weigh on raw material...

OJX24 : 526.65s (+1.31%)
OJF25 : 510.95 (+3.27%)
GCZ24 : 2,671.9 (+0.76%)
HEZ24 : 80.525s (+1.23%)
NGZ24 : 3.408 (+6.73%)
Will Sugar Join the Roaring Softs?

Nearby world sugar futures reached a multi-year high in November 2023 and spent the better part of 2024 correcting lower, reaching a bottom in mid-August. Sugar futures’ path of least resistance has...

KCZ24 : 295.75 (+0.15%)
RMX24 : 4,795s (+3.05%)
CANE : 12.74 (-1.21%)
SBH25 : 21.40 (-1.15%)
Where are Arabica Coffee Futures Heading?

Arabica coffee futures prices rose to the highest level since 2011 in September 2024. While prices have corrected from the September high, the trend remains bullish, and the futures could challenge the...

KCZ24 : 295.75 (+0.15%)
RMX24 : 4,795s (+3.05%)

Tweets @Barchart

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Jim Cramer calls crypto investors idiots in 2022. Undefeated folks! Thank you for your service Jim 🫡 https://t.co/PdIt2h6gi3
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Bitcoin getting absolutely sent w/ a new all-time high of $97,500! Will $BTC hit $100,000 tonight? Guess I'm not sleeping! https://t.co/Q6jOzsAZl5
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BREAKING 🚨: Pfizer $PFE fell to its lowest price in more than a decade this week https://t.co/BuS5WvTpXL https://t.co/xyo077XUpA
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Natural Gas jumps to highest price in more than 1 year 🚨 https://t.co/JAQ7EYeMOo
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Charles Schwab $SCHW forms a Golden Cross for the first time since December 2023. The last one sent the shares soaring 14% over the next 5 months! https://t.co/LapsuxSbFV
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Can Bitcoin $BTC soar all the way to $250,000? Find out in our latest YouTube Video! Huge thanks to Merlin @TraderMerlin for creating this video on our behalf. Please give him a follow! Link: https://t.co/6YSPj5P2Tg https://t.co/evFNUHti6P
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JUST IN 🚨: Bitcoin $BTC hits new all-time high of $95,000 📈 https://t.co/hfUk0UoUTI https://t.co/KeIcuR4odI
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If you invested $10,000 in Walgreens $WBA exactly 25 years ago, you'd have $4,959 today (dividends included)! Not bad 🤑 https://t.co/XjELT5DYd0
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