the Markets Desk (ham)
Sunflower seeds, spot — up 12% this week, mainly on the back of lower human feeding volumes after the onset of autumn. Hamster considers the rise 「reasonable but unhealthy」, on the grounds that it rose too fast, which shows that someone is hoarding.
Index composition — this newspaper's Hoarding Index uses sunflower seeds as its benchmark commodity, cat food as its safe-haven asset and cardboard boxes as real estate. The three moved +12%, 0% and +3% respectively this week.
Risk note — hoarding is rational, but the locations must be spread out. On this basis, this newspaper's Markets desk has adjusted its storage sites from three to seven.
Corrections & note
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