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Wed, Nov 12th, 2025

Wed, Nov 12th, 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

How Low Can World Sugar Prices Fall?

After reaching the highest price since October 2011 in November 2023, the ICE world sugar futures have made lower highs and lower lows, falling to the lowest level since October 2020 in October 2025. Sugar...

CANE : 9.26 (+0.40%)
SBH26 : 14.40 (+1.05%)
Will Natural Gas Rally During the 2025/2026 Withdrawal Season?

Natural gas is a seasonal commodity that tends to rally during the winter as the demand for heating increases. U.S. natural gas futures prices are already around the $4 per MMBtu level as the market heads...

NGZ25 : 4.561 (-0.09%)
UNG : 14.65 (+0.62%)
BOIL : 35.51 (+1.17%)
KOLD : 26.94 (-0.99%)
How Low Can Crude Oil’s Price Fall?

Nearby NYMEX crude oil futures have been in a bearish trend since March 2022, when they reached over $130 per barrel following Russia’s invasion of Ukraine. It may only be a matter of time before the...

CLZ25 : 59.17 (-3.06%)
SCO : 18.42 (+4.24%)
Why Is the Dollar Index Stuck in Neutral?

The dollar index traded in a narrow range, mostly between 97 and 99, in October. The index has been stuck in neutral, but all fiat currencies have continued to lose value over the past month.

$DXY : 99.63 (+0.19%)
GCZ25 : 4,145.2 (+0.70%)
Commodity Roundup- October’s Top Performers and Underperformers

The dollar index and long-term bonds were higher in October, providing mixed signals for the commodities asset class. Gold and silver prices reached new record highs before correcting, as even the most...

ZCZ25 : 432-4 (+0.12%)
GFF26 : 329.650 (+0.15%)
SIZ25 : 52.245 (+2.96%)
HEZ25 : 81.900 (-0.55%)
GCZ25 : 4,145.2 (+0.70%)
ZSF26 : 1123-2 (-0.35%)
LEZ25 : 227.600 (+0.18%)
ZWZ25 : 533-2 (-0.51%)
NGF26 : 4.770 (+0.13%)
Should We Be Cautious with Precious Metals?

Even the most aggressive bull markets rarely move in straight lines, as periodic corrections are the norm. Precious metals have risen to levels where the risk for new buyers has increased dramatically,...

SIZ25 : 52.245 (+2.96%)
PLF26 : 1,605.0 (+0.42%)
GCZ25 : 4,145.2 (+0.70%)
PAZ25 : 1,469.00 (-0.29%)
Energy in Q3- Lower Prices and Seasonality in Q4?

The energy sector composite of the commodities asset class edged only 0.19% lower in Q3 2025, but was 3.87% lower over the first nine months of 2025. Meanwhile, prices are lower in October, with crude...

LQX25 : 109.25 (+1.30%)
LUX25 : 95.65 (-0.05%)
CLX25 : 57.82s (+0.52%)
QAZ25 : 65.07s (+0.11%)
RBX25 : 1.9931s (-0.51%)
FLX25 : 1.83500s (+2.51%)
NGX25 : 3.376s (+0.93%)
HOX25 : 2.4312s (-1.17%)
Base Metals in Q3- Where are the Industrial Metals Heading in Q4 and Beyond?

The base metals of the commodities market moved higher in the third quarter, rising 2.87%. The base metals sector, which includes LME copper, aluminum, nickel, lead, zinc, and tin three-month forwards,...

P6Y00 : 2,063.50s (+0.24%)
P8Y00 : 15,053.00s (-0.36%)
Q2Y00 : 36,617.00s (+1.65%)
P4Y00 : 2,874.50s (+0.17%)
HGZ25 : 5.1465 (+1.59%)
P0Y00 : 10,827.00s (+0.29%)
Q3Y00 : 3,183.54s (-2.27%)
Grains in Q3- Can the Price Weakness Continue?

The grain and oilseed composite of the commodities market posted the most significant decline in the third quarter, falling 8.32%. The agricultural sector, which includes corn, wheat, soybeans, and other...

ZCZ25 : 432-4 (+0.12%)
ZOZ25 : 305-2 (+0.08%)
ZMZ25 : 316.7 (-0.06%)
KEZ25 : 521-4 (-0.43%)
ZLZ25 : 50.40 (-1.37%)
MWZ25 : 5.6625 (-0.57%)
ZSX25 : 1110-0 (-0.29%)
ZRX25 : 10.335s (+2.07%)
ZWZ25 : 533-2 (-0.51%)
Cattle and Hogs in Q3- What are the Prospects for Q4 and Beyond?

The animal protein sector of the commodities market moved 5.10% higher in Q3 and was the second-leading sector over the first nine months of 2025, with a 27.03% gain. While cattle prices moved higher in...

GFV25 : 347.250s (-0.01%)
HEZ25 : 81.900 (-0.55%)
LEZ25 : 227.600 (+0.18%)
LEV25 : 236.600s (+0.56%)

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Semiconductor Short Interest just hit the highest level this year 🚨 https://t.co/nXpUKXBCG4
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71% believe that unemployment will go higher over the next 12 months, the highest level in 45 years 🚨🚨🚨 https://t.co/31KTHud1l8
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Gold $GLD looking pretty good ✅ Healthy 10% correction of all-time highs, 10 days of consolidation, and now a move higher to reclaim the 20-day moving average https://t.co/I3YxhYrNPe
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Sell your Tech Stocks warns Wells Fargo 🚨🚨 Bullish? https://t.co/7ItaJG5wyL
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Enjoy those 100 Year Mortgages everyone https://t.co/dsvCBq6VnH
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Bitcoin $BTC Death Cross is imminent ☠️🚨 https://t.co/tb5ySMXfp4
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