IEG Vu Prices Briefing: Pepper and pineapple prices weaken, while SMP and pigmeat firm
Coffee prices also struggle but soybeans show resilience
Thai canned pineapple prices hit record lows this year, with New York Arabica futures also at a 10-year low. Pepper and coffee prices were weighed down by ample supplies. Meanwhile, drought concerns lent some support to German SMP prices, as US soybean prices shrugged off higher yield forecasts.