[{"data":1,"prerenderedAt":119},["ShallowReactive",2],{"page-\u002Findices":3},{"id":4,"title":5,"body":6,"description":106,"extension":107,"meta":108,"navigation":109,"path":110,"seo":111,"stem":117,"__hash__":118},"content\u002Findices.md","Demeter | Indices",{"type":7,"value":8,"toc":102},"minimark",[9,16,19,22,28,30,37,39,45,47,54,56,62,64,71,73,80,82,89,91,95],[10,11],"indices-hero-module",{":meta":12,"eyebrow":13,"headline":14,"standfirst":15},"[{\"strong\":\"21\",\"suffix\":\"headline indices\"},{\"strong\":\"Multi-decade\",\"suffix\":\"history\"},{\"prefix\":\"Last platform update\",\"strong\":\"2026-04-23 15:44 UTC\"}]","Indices","Indices across growing season conditions,\nfundamentals and equity markets.","Demeter publishes growing-condition, revenue, valuation and equity indices derived from proprietary methodologies and robust longitudinal data.",[17,18],"index-explorer-module",{},[20,21],"common-divider",{},[23,24,25],"layout-section-shell",{},[26,27],"common-subscription-module",{},[20,29],{},[31,32],"indices-index-card-grid-module",{":cards":33,"count":34,"title":35,"ledeHtml":36},"[{\"code\":\"DASI\",\"title\":\"Almond Season Index\",\"live\":true,\"pill\":{\"variant\":\"live\",\"text\":\"Live\"},\"desc\":\"California almonds · Bi-weekly, Sep→Sep · Base 100\",\"sparkPath\":\"M0,30 L20,26 L40,28 L60,20 L80,22 L100,16 L120,18 L140,12 L160,10 L180,6 L200,4\",\"deltaType\":\"pos\",\"value\":\"112.4\",\"delta\":\"+2.8 WoW\",\"footerLeft\":\"Next: Mon 27 Apr\",\"footerRight\":\"History · 2000→\"},{\"code\":\"DPSI\",\"title\":\"Pistachio Season Index\",\"live\":false,\"pill\":{\"variant\":\"soon\",\"text\":\"Q3 2026\"},\"desc\":\"California pistachios · Weekly · Base 100\",\"sparkPath\":\"M0,22 L20,24 L40,20 L60,22 L80,18 L100,20 L120,16 L140,18 L160,14 L180,16 L200,12\",\"sparkDashed\":true,\"value\":\"—\",\"valueFaint\":true,\"delta\":\"Preview data\",\"deltaType\":\"faint\",\"footerLeft\":\"Backtest 2000→\",\"footerRight\":\"In calibration\"},{\"code\":\"DOSI\",\"title\":\"Olive Season Index\",\"live\":false,\"pill\":{\"variant\":\"soon\",\"text\":\"Q4 2026\"},\"desc\":\"Spain · Italy · Greece · Weekly · Base 100\",\"sparkPath\":\"M0,18 L20,22 L40,26 L60,20 L80,24 L100,28 L120,22 L140,20 L160,24 L180,18 L200,16\",\"sparkDashed\":true,\"value\":\"—\",\"valueFaint\":true,\"delta\":\"Preview data\",\"deltaType\":\"faint\",\"footerLeft\":\"Backtest 2000→\",\"footerRight\":\"In calibration\"}]","03 SERIES · FAMILY 01","Season condition indices","Growing season-condition indices for the major permanent crops. \u003Ca href=\"\u002Fhedges\">Available for use in index-settled contracts\u003C\u002Fa> by our risk partners.",[20,38],{},[31,40],{":cards":41,"count":42,"title":43,"lede":44},"[{\"code\":\"DAA-CAP\",\"title\":\"DAA Capped\",\"live\":true,\"pill\":{\"variant\":\"default\",\"text\":\"Daily\"},\"desc\":\"Capped market-cap-weighted · 10% per-name cap · daily rebalanced\",\"sparkPath\":\"M0,34 L30,28 L60,32 L90,22 L120,18 L150,14 L180,10 L200,8\",\"deltaType\":\"pos\",\"value\":\"5,943\",\"delta\":\"+0.47%\",\"footerLeft\":\"Since 2005\",\"footerRight\":\"As of 23 Apr\"},{\"code\":\"DAA-EQ\",\"title\":\"DAA Equal-weighted\",\"pill\":{\"variant\":\"default\",\"text\":\"Daily\"},\"desc\":\"Equal-weighted ag-sector equity index · rebalanced quarterly\",\"sparkPath\":\"M0,30 L30,32 L60,24 L90,22 L120,26 L150,18 L180,14 L200,12\",\"deltaType\":\"pos\",\"value\":\"15,647\",\"delta\":\"+1.00%\",\"footerLeft\":\"Since 2005\",\"footerRight\":\"As of 23 Apr\",\"live\":true},{\"code\":\"DAA-GP\",\"title\":\"DAA Gross-Profit-weighted\",\"live\":true,\"pill\":{\"variant\":\"default\",\"text\":\"Daily\"},\"desc\":\"Gross-profit-weighted ag-sector equity index · rebalanced quarterly\",\"sparkPath\":\"M0,32 L30,26 L60,28 L90,20 L120,22 L150,16 L180,12 L200,14\",\"deltaType\":\"pos\",\"value\":\"6,863\",\"delta\":\"+0.96%\",\"footerLeft\":\"Since 2005\",\"footerRight\":\"As of 23 Apr\"},{\"code\":\"DAA-UP\",\"title\":\"Upstream Production\",\"live\":true,\"pill\":{\"variant\":\"muted\",\"text\":\"Sector\"},\"desc\":\"Sector sub-index · capped mcap-weighted\",\"sparkPath\":\"M0,28 L30,30 L60,26 L90,22 L120,24 L150,18 L180,16 L200,14\",\"deltaType\":\"pos\",\"value\":\"6,297\",\"delta\":\"+4.59%\",\"footerLeft\":\"Sector · Upstream\",\"footerRight\":\"As of 23 Apr\"},{\"code\":\"DAA-CI\",\"title\":\"Crop Inputs\",\"live\":true,\"pill\":{\"variant\":\"muted\",\"text\":\"Sector\"},\"desc\":\"Sector sub-index · capped mcap-weighted\",\"sparkPath\":\"M0,24 L30,22 L60,26 L90,28 L120,24 L150,22 L180,20 L200,18\",\"deltaType\":\"pos\",\"value\":\"8,879\",\"delta\":\"+3.53%\",\"footerLeft\":\"Sector · Crop Inputs\",\"footerRight\":\"As of 23 Apr\"},{\"code\":\"DAA-EQT\",\"title\":\"Equipment & Technology\",\"live\":true,\"pill\":{\"variant\":\"muted\",\"text\":\"Sector\"},\"desc\":\"Sector sub-index · capped mcap-weighted\",\"sparkPath\":\"M0,30 L30,24 L60,22 L90,16 L120,12 L150,10 L180,8 L200,6\",\"deltaType\":\"pos\",\"value\":\"21,318\",\"delta\":\"+5.77%\",\"footerLeft\":\"Sector · Equipment\",\"footerRight\":\"As of 23 Apr\"},{\"code\":\"DAA-TP\",\"title\":\"Trading & Processing\",\"live\":true,\"pill\":{\"variant\":\"muted\",\"text\":\"Sector\"},\"desc\":\"Sector sub-index · capped mcap-weighted\",\"sparkPath\":\"M0,26 L30,28 L60,22 L90,24 L120,20 L150,22 L180,18 L200,16\",\"deltaType\":\"pos\",\"value\":\"5,474\",\"delta\":\"+0.61%\",\"footerLeft\":\"Sector · Trading\",\"footerRight\":\"As of 23 Apr\"},{\"code\":\"DAA-DF\",\"title\":\"Downstream Food\",\"live\":true,\"pill\":{\"variant\":\"muted\",\"text\":\"Sector\"},\"desc\":\"Sector sub-index · capped mcap-weighted\",\"sparkPath\":\"M0,22 L30,20 L60,24 L90,22 L120,20 L150,18 L180,16 L200,14\",\"deltaType\":\"pos\",\"value\":\"7,059\",\"delta\":\"+0.83%\",\"footerLeft\":\"Sector · Downstream Food\",\"footerRight\":\"As of 23 Apr\"},{\"code\":\"DAA-AF\",\"title\":\"Ag Finance\",\"live\":true,\"pill\":{\"variant\":\"muted\",\"text\":\"Sector\"},\"desc\":\"Sector sub-index · capped mcap-weighted\",\"sparkPath\":\"M0,30 L30,28 L60,24 L90,26 L120,20 L150,18 L180,14 L200,12\",\"deltaType\":\"pos\",\"value\":\"2,495\",\"delta\":\"+2.44%\",\"footerLeft\":\"Sector · Finance\",\"footerRight\":\"As of 23 Apr\"}]","09 SERIES · FAMILY 02","Demeter Ag Aggregate · DAA","A daily, total-return, USD equity index family covering the global listed ag universe. Three headline variants and six sector sub-indices.",[20,46],{},[31,48],{":cards":49,"count":50,"title":51,"lede":52,":cols":53},"[{\"code\":\"DRAG\",\"title\":\"Demeter Revenue Aggregate\",\"live\":true,\"pill\":{\"variant\":\"default\",\"text\":\"Monthly\"},\"desc\":\"Chain-linked LTM revenue index of 107 global ag companies\",\"sparkPath\":\"M0,38 L25,34 L50,30 L75,26 L100,22 L125,16 L150,18 L175,10 L200,6\",\"deltaType\":\"neutral\",\"value\":\"1,118\",\"delta\":\"Flat MoM\",\"footerLeft\":\"107 companies\",\"footerRight\":\"Since 1986\"},{\"code\":\"DRVI\",\"title\":\"Demeter Relative Valuation Index\",\"live\":true,\"pill\":{\"variant\":\"default\",\"text\":\"Monthly\"},\"desc\":\"Ag EV\u002FEBITDA premium \u002F discount vs country-matched broad-market benchmarks\",\"sparkPath\":\"M0,22 L25,18 L50,24 L75,20 L100,26 L125,30 L150,24 L175,28 L200,30\",\"deltaType\":\"neg\",\"value\":\"−14.9\",\"delta\":\"−3.49 pts MoM\",\"footerLeft\":\"EV\u002FEBITDA\",\"footerRight\":\"Since 1999\"}]","02 SERIES · FAMILY 03","Revenue & relative value","Monthly aggregates covering the ag universe's top-line growth and premium\u002Fdiscount to country-matched broad-market benchmarks.","2",[20,55],{},[31,57],{":cards":58,"count":59,"title":60,"lede":61,":cols":53},"[{\"code\":\"FAO-FPI\",\"title\":\"FAO Food Price Index\",\"live\":false,\"pill\":{\"variant\":\"default\",\"text\":\"Monthly\"},\"desc\":\"Headline + 5 commodity sub-indices (cereals, meat, dairy, oils, sugar)\",\"sparkPath\":\"M0,30 L40,32 L80,26 L120,20 L160,14 L200,22\",\"deltaType\":\"pos\",\"value\":\"128.3\",\"delta\":\"+0.4% MoM\",\"footerLeft\":\"6 series\",\"footerRight\":\"1990 → present\"},{\"code\":\"BDRY\",\"title\":\"Baltic Dry-Bulk Shipping\",\"live\":false,\"pill\":{\"variant\":\"default\",\"text\":\"Daily\"},\"desc\":\"Adjacent dry-bulk shipping cost reference\",\"sparkPath\":\"M0,18 L40,22 L80,14 L120,26 L160,20 L200,10\",\"deltaType\":\"pos\",\"value\":\"1,842\",\"delta\":\"+2.1%\",\"footerLeft\":\"Daily\",\"footerRight\":\"Since 2018\"}]","02 FAMILIES · 07 SERIES","Companion macro series","Adjacent reference series we publish alongside the catalogue.",[20,63],{},[65,66],"indices-methodology-tiles-module",{":tiles":67,"count":68,"lede":69,"title":70},"[{\"icon\":\"ingest\",\"heading\":\"Ingest\",\"copy\":\"Remote sensing, meteorological, market and other data sources.\"},{\"icon\":\"weight\",\"heading\":\"Normalise, weight & calculate\",\"copy\":\"Inputs are combined with other Demeter datasets to derive representative weights.\"},{\"icon\":\"publish\",\"heading\":\"Publish\",\"copy\":\"Indices are published on a regular cadence with open methodology and are accessible via our website, email releases and the Demeter platform.\"}]","METHODOLOGY","Every headline index is constructed the same way — from ingested raw data to a published, reproducible series.","How the indices are built",[20,72],{},[74,75],"indices-schedule-table-module",{":rows":76,"count":77,"lede":78,"title":79},"[{\"code\":\"DASI\",\"name\":\"Almond Season Index\",\"family\":\"Season condition\",\"cadence\":\"Bi-weekly · Mon 12:00 GMT\",\"next\":\"2026-04-27\",\"history\":\"2000 →\",\"status\":\"live\"},{\"code\":\"DPSI\",\"name\":\"Pistachio Season Index\",\"family\":\"Season condition\",\"cadence\":\"Bi-weekly\",\"next\":\"Q2 2026\",\"history\":\"2000 →\",\"status\":\"in backtest\"},{\"code\":\"DOSI\",\"name\":\"Olive Season Index\",\"family\":\"Season condition\",\"cadence\":\"Bi-weekly\",\"next\":\"Q2 2026\",\"history\":\"2000 →\",\"status\":\"preview\"},{\"code\":\"DAA-CAP \u002F EQ \u002F GP\",\"name\":\"Headline equity indices\",\"family\":\"Equity\",\"cadence\":\"Daily · 22:00 UTC\",\"next\":\"2026-04-23\",\"history\":\"2005 →\",\"status\":\"live\"},{\"code\":\"DAA sectors\",\"name\":\"Six sub-indices (UP · CI · EQT · TP · DF · AF)\",\"family\":\"Equity\",\"cadence\":\"Daily · 22:00 UTC\",\"next\":\"2026-04-23\",\"history\":\"2005 →\",\"status\":\"live\"},{\"code\":\"DRAG\",\"name\":\"Demeter Revenue Aggregate\",\"family\":\"Revenue\",\"cadence\":\"Monthly · 5th BD\",\"next\":\"2026-05-07\",\"history\":\"1986 →\",\"status\":\"live\"},{\"code\":\"DRVI\",\"name\":\"Demeter Relative Valuation Index\",\"family\":\"Valuation\",\"cadence\":\"Monthly · 5th BD\",\"next\":\"2026-05-07\",\"history\":\"1999 →\",\"status\":\"live\"},{\"code\":\"FAO-FPI\",\"name\":\"+ sub-indices\",\"family\":\"Companion macro\",\"cadence\":\"Monthly · 1st Fri\",\"next\":\"2026-05-01\",\"history\":\"1990 →\",\"status\":\"live\"},{\"code\":\"BDRY\",\"name\":\"Baltic Dry-Bulk Shipping\",\"family\":\"Companion macro\",\"cadence\":\"Daily\",\"next\":\"2026-04-23\",\"history\":\"2018 →\",\"status\":\"live\"}]","AS OF 23 APR 2026","Continuous access to feeds and granular decomposition is available through the Demeter platform.","Publication schedule",[20,81],{},[83,84],"indices-downloads-cta-module",{":blocks":85,"count":86,"lede":87,"title":88},"[{\"heading\":\"Historical CSV · free on request\",\"copy\":\"Published history in CSV for research and internal analysis.\",\"buttonLabel\":\"Request index data →\",\"buttonHref\":\"mailto:info@demeterdata.ag\",\"buttonVariant\":\"ghost\"},{\"heading\":\"Platform access & index licensing\",\"copy\":\"Live feeds, granular decomposition, and licence for use as a contract reference, for institutional research or in 3P software.\",\"buttonLabel\":\"Contact for terms →\",\"buttonHref\":\"mailto:info@demeterdata.ag\",\"buttonVariant\":\"filled\"}]","ACCESS","Historical data is available on request. Licensing is required for use as a reference in contracts, institutional research and third-party software.","Downloads & licensing",[20,90],{},[23,92,93],{},[26,94],{},[96,97,98],"common-disclaimer-module",{},[99,100,101],"p",{},"Demeter publishes indices for reference and research purposes. It is not an authorised benchmark administrator under UK BMR, does not administer a regulated benchmark, and does not offer, recommend, or arrange financial products. The hedging workbench is for illustration; it produces no quotes or offers. Contracts are written by independent risk partners, with whom buyers contract directly.",{"title":103,"searchDepth":104,"depth":104,"links":105},"",2,[],"Demeter publishes indices the cover season conditions, fundamentals and equity markets.","md",{},true,"\u002Findices",{"meta":112,"title":5,"description":116},[113],{"name":114,"content":115},"keywords","demeter, demeter data, agriculture data, agricultural indices, agtech, Demeter | Indices, Indices","Demeter publishes indices that cover season conditions, fundamentals and equity markets.","indices","026noRYWoaDpC-rdz9QYeA9ur2TFc86sXFeR2HNunuE",1776962155651]