World Stress at 51: food, shipping, and power run hot
World Stress sits near 51 (Stressed). Logistics (~73), Energy (~70) and Food (~70) lead the heat; Water (~41) is Stressed. Tighter fuel, calories, and sea routes — not blackouts, empty shelves, or closed canals.
The World Stress Index blends seven live lanes at equal weight. Energy covers fuels and electricity together. The heat this morning is in shipping, power prices, and food benchmarks.
Logistics Stress near 73 (severe) compounds Panama Canal draft and transit friction, rising deep-sea freight cost indexes, and Kiel Trade Indicator ship counts: Red Sea traffic still well below the corridor baseline while Cape of Good Hope traffic runs hot — the classic diversion pattern around Africa. Ships are taking longer and costlier paths; that is congestion and rerouting stress, not a freeze of world trade.
Energy Stress near 70 (severe) is fuels plus electricity: EU day-ahead power still prints well into three figures in several bidding zones, TTF wholesale gas is elevated, and EU storage is thinner than last year. That is tighter wholesale conditions, not a blackout.
Food Stress near 70 (severe) reflects elevated global grain and oil benchmarks, fertilizer costs, and export-bid pressure on key routes — including Black Sea disruption notes in official circulars. That is a tighter calorie and input market, not a claim that grocery aisles are empty.
Water Stress near 41 (stressed) pulls together drought indicators, low western U.S. reservoir levels, and canal hydrology that also feeds the logistics lane. Markets (~24) stays on yields, auctions, and corporate spreads — MarketWatch and Yahoo Finance indices are desk leads only. Health (~36) and Cyber (~41) stay mid-band on routine outbreak and outage traffic.
Sources are official or open primary feeds only (FAO, USDA circulars, Panama Canal Authority, Kiel Trade Indicator, USBR, drought monitors, FRED/IMF, EEX, Energy-Charts). Inventories and traffic counts measure cushion and friction — they do not by themselves prove local shortages or port closures.
Source receipts
- Kiel Trade Indicator — Red Sea ship traffic
- Kiel Trade Indicator gallery
- Kiel Trade Indicator — Cape of Good Hope ship traffic
- Panama Canal Authority — monthly operations summary
- Energy-Charts (Fraunhofer ISE)
- EEX TTF Neutral Gas Price
- EEX Gas Market Transparency
- Swiss BFE OGD (GIE AGSI republish)
- GIE AGSI (primary platform)
- USDA FAS — Grain: World Markets and Trade
- FAO Food Price Index
- USBR Lower Colorado — Weekly Hydrologic Update
- USBR hourly levels
- US Drought Monitor — current GeoJSON
- US Drought Monitor
Related signals
Red Sea ship traffic: ~49 ships/day (55% below the corridor baseline)
Cape of Good Hope ship traffic: ~35 ships/day (150% above the corridor baseline)
Panama Neopanamax draft cut to 48 / 47.5 ft
Italian North day-ahead power price: 188 EUR/MWh
German day-ahead power price (DE-LU): 141 EUR/MWh
TTF wholesale gas (EEX Neutral Gas Price): 66.7 EUR/MWh
EU gas storage at 62% — well below last year
US wheat FOB export bid HRW: $321/t (+26)
USDA circular: Black Sea grain export routes disrupted
FAO Food Price Index: 131 index 2014-16=100