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Andrew Hecht

Thu, Jul 10th, 2025

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

Q2 in Precious Metals- Where are they heading in Q3?

The precious metals sector of the commodities market was the best-performing sector in Q2 and over the first six months of 2025. While gold reached a new record high in Q2, silver, platinum, and palladium...

GCQ25 : 3,332.3 (+0.34%)
PAU25 : 1,143.50 (+0.18%)
PLV25 : 1,386.5 (+0.09%)
SIU25 : 36.725 (+0.26%)
Q2 in Grains and the Outlook for Q3

The composite of the grain and oilseed sector of the commodities asset class edged lower in Q2 and over the first six months of 2025. Prices remain near lows, and the sector is now in the heart of the...

ZCZ25 : 413-2 (-0.54%)
ZWU25 : 541-4 (-1.01%)
ZSX25 : 1007-6 (+0.05%)
ZMQ25 : 268.6 (-0.30%)
ZOU25 : 370-6 (-0.74%)
ZRU25 : 13.145s (+0.81%)
Q2 in Animal Proteins and the Outlook for Q3

The animal protein sector of the commodities asset class rose 12.3% in Q2 and 21.72% over the first six months of 2025. Lean hog futures led the way on the upside while live and feeder cattle futures rose...

HEQ25 : 107.225s (+0.42%)
LEQ25 : 219.775s (-0.09%)
GFQ25 : 320.475s (+0.42%)
Barchart- Commodity Market Roundup- June’s Top Performers and Underperformers

A weaker dollar index and higher bonds were mostly bullish for commodity prices in June.

KCU25 : 284.05s (-0.54%)
PAU25 : 1,143.50 (+0.18%)
OJU25 : 248.85s (-1.45%)
DXU25 : 97.075 (-0.13%)
PLV25 : 1,386.5 (+0.09%)
SIU25 : 36.725 (+0.26%)
$SPX : 6,263.26 (+0.61%)
Gold Consolidates- Why is Gold’s Role in the World Financial System Rising?

Gold prices reached their most recent record peak in April 2025, when the price probed above $3,500 per ounce. After correcting, gold futures for August delivery were hovering around the $3,280 level in...

GCQ25 : 3,332.3 (+0.34%)
How High Can Middle East Turmoil Drive Crude Oil Prices?

Given the shift in U.S. energy policy, I had been bearish on crude oil prices after the Trump administration took office in January 2025. However, I had one caveat, which was solving some of the issues...

QAQ25 : 67.66s (+0.07%)
BNO : 30.72 (-0.10%)
RBQ25 : 2.1966 (+0.40%)
HOQ25 : 2.4195 (+0.43%)
CLQ25 : 68.43 (+0.07%)
Palladium Rallies- How High Can the Precious Metal Rise?

Since declining from the March 2022 high of over $3,400 to the August 2024 low of below $815 per ounce, palladium futures settled into a trading range with the price on either side of the $1,000 per ounce...

PAU25 : 1,143.50 (+0.18%)
PALL : 101.25 (+0.05%)
PLN25 : 1,370.6s (-0.44%)
Is a Summer Rally on the Horizon in the U.S. Natural Gas Futures Market?

In June 2024, nearby NYMEX natural gas futures prices traded in a $2.573 to $3.159 per MMBtu range. So far, in June 2025, the trading range has been between $3.453 and $4.102 per MMBtu. Natural gas prices...

NGN25 : 3.261s (-4.26%)
UNG : 14.20 (-4.25%)
BOIL : 39.84 (-8.27%)
KOLD : 29.30 (+8.32%)
Sugar Futures Remain Bearish- Can the Sweet Commodity Rally?

World sugar futures have been in a bearish trend since November 2023, making lower highs and lower lows. The price of the continuous ICE futures contract recently probed below 16 cents for the first time...

SBN25 : 15.48s (-2.09%)
RBN25 : 2.0798s (-0.48%)
CTN25 : 64.96s (+0.43%)
KCN25 : 285.85s (-0.54%)
OJN25 : 250.85s (-1.43%)
CANE : 11.07 (+1.70%)
CLN25 : 74.93s (-0.28%)
CCN25 : 9,046s (+3.26%)
Is the VIX Too Low Again?

The VIX has declined to below 20. Given the current uncertainties in the economic and geopolitical landscapes, the volatility index may be too low in this environment.

$VIX : 15.94 (-5.18%)
VIXY : 44.20 (-3.49%)
SPY : 624.06 (+0.60%)

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BREAKING 🚨: Berkshire Hathaway Warren Buffett might have to cancel the retirement party! Berkshire Hathaway has now underperformed the S&P 500 by more than 20 percentage points since his announcement 📉📉 The Buffett Premium is gone 💸 https://t.co/cGqkm7vgc6
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Household Debt to Asset Ratio hits lowest level in 50 years 🚨🚨 https://t.co/QJe99ktNQd
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BREAKING 🚨: Brazil Brazilian Real falls more than 2% against the U.S. Dollar, its biggest decline in more than 3 months 📉📉 https://t.co/0ecRFXSVrg
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A staggering $7.4 Trillion is now sitting in Money Market Funds, a new all-time high 🚨🚨 https://t.co/AQVGlBYpwv
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@Plus500 Trade Futures with confidence! https://t.co/snON1FkSKg
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Natural Gas falls to lowest price since April 📉📉 @Plus500 #Sponsored https://t.co/sAitasm72s
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Remember when Jim Cramer said he was short Nvidia and called it a loser? $NVDA Market Cap then was $300 Billion. Today it hit $4 Trillion. https://t.co/LvR5NGC2ws
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Source: Nomura
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JUST IN 🚨: Investors have now plowed $135 Billion into Leveraged ETFs, the highest amount in history 🚨 Risk on folks, Risk on 🤑🫡🚀 https://t.co/GFHlsaQpda
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