shortage.life · last_sync · 2026-07-02 11:49:57 UTCbuild 27d88d1 · node v22.22.2

// node

shortage.life
v0.3 · brussels · build f3a2c81
● online · 47/47 sources · 312ms

// $_ exec

$ shortage commodity get H2O.AGR
> spot: — idx
> stress_index: 0.66 WATCH
> updated 14:27 UTC

// readout · live

BRENT     $70.38/b 
TTF       €43.7/MWh 
OPEC_ORB  n/a
SPR_US    331.2 Mb 
FAO_FFPI  130.8 
auto-refresh 60slatency 312msbuild 0.3.0commit f3a2c81UTC 00:00:00
$_TICKER
BRENT$70.38▼0.51%TTF€43.70● 0.0%HH$3.16▼0.63%SPR_US331.2 Mb17.0dEU_GAS47.7%18c avgFAO_FFPI130.8▼0.2%WHT$6.03/bu▲0.25%BRENT$70.38▼0.51%TTF€43.70● 0.0%HH$3.16▼0.63%SPR_US331.2 Mb17.0dEU_GAS47.7%18c avgFAO_FFPI130.8▼0.2%WHT$6.03/bu▲0.25%
~/commodities/water·category: watercite · /api/v1/commodities/H2O.AGR

Ag. Water Index / H2O.AGR

wateridxupdated: 14:27 UTC
WATCH
SPOT · idx— idx
Δ24H▲4.20%
Δ7D▲6.10%
Δ30D▲12.4%
STRESS · v3.20.66

[ 00 ]  $_SERIES · H2O.AGR · spot trend

H2O.AGR · idxlast 108
READ MODE// long-form zoneEDITORIAL · commodity analysisdesk: Markets·last revision 14:27 UTC
Commodity analysis · H2O.AGR · v3.2

Ag. Water Index, and what the reading means.

Composite agricultural water-stress index. Rising on drought signals across three basins.

Desk Markets·EN · FR · ES, DE pending·sources: EIA, OPEC, IEA, FAO, USDA

What is Ag. Water Index?

Ag. Water Index (H2O.AGR) is a water commodity tracked by shortage.life with a live spot of — idx and a v3.2 stress index of 0.66. Quoted in idx, the price is sourced from primary institutional feeds and refreshed on the cadence documented at /methodology.

Composite agricultural water-stress index. Rising on drought signals across three basins. At the latest reading, Ag. Water Index prints a spot of — idx — a move of ▲4.20% over the past twenty-four hours and ▲12.4% across the trailing thirty days.

The v3.2 stress index places H2O.AGR at 0.66 — a watch reading on a composite that blends price momentum, inventory cover, supplier concentration and geopolitical exposure. The metric is recomputed on every ingestion cycle, and the weekly delta is the line worth tracking rather than the absolute level.

For operators, the question is not the spot itself but the buffer behind it. A tightening reading on Ag. Water Index compounds with any incident on a shared transit route or producer, and the cascade is rarely linear. The scenarios below carry H2O.AGR as an explicit input — each one is wargamed and reviewed against this commodity's exposure profile.

Frequently asked

What is the current Ag. Water Index price?
The current Ag. Water Index spot price is — idx, refreshed in real time on shortage.life from primary institutional sources. The shortage.life v3.2 stress index reading is 0.66 — see /methodology for how the composite is computed and how the components are weighted.
How does Ag. Water Index get its stress score?
Every commodity in our 70-item table gets a 0-1 composite stress index blending: (i) price momentum vs trailing average, (ii) inventory cover where available, (iii) supplier concentration via HHI on top-five exporters, (iv) geopolitical-event density tagged to the commodity, and (v) substitution flexibility. Weights are versioned at /methodology v3.2.
Where can I get Ag. Water Index data via API?
All shortage.life data is published under CC-BY-4.0 with mandatory attribution. The REST endpoint is https://api.shortage.life/v1/commodities/water returning JSON. An MCP server is available at mcp.shortage.life for AI agents. The current dataset reading is included as schema.org Dataset metadata in the page head.

[ 01 ]  $_SCENARIOS · with H2O.AGR exposure

// MONSOON-2026 · WATCH

Indian monsoon failure compresses the cereal balance.

prob 0.27 · severity 3.8 / 5South Asia + African importers · rice + buffer-stock drawdown
open scenario →
// SAHEL-FAMINE-2026 · ELEVATED

Sahel and Sudan famine escalation.

prob 0.62 · severity 4.6 / 5Sudan + Sahel · acute food insecurity + aid logistics collapse
open scenario →
← all commodities · 72 tracked · license CC-BY-4.0