Thailand had a decent summer crop and prices are currently stable as factories have closed production until September. Stocks of canned pineapple were relatively high at the end of May and June that caused the price of certain pack sizes to dip slightly as packers wanted to move out some of the inventory. The price of fresh pineapple went as low as 3 Baht per kilo due to sluggish demand. This is not a good situation for the farmers or producers. At these prices farmers look to alternative crops that will give them a higher value per acre of cultivated land. At this moment we do not know the effect of this low raw material cost on future crops, but we are expecting a fairly normal winter crop, with stable pricing. Flooding in certain regions of Thailand has put stress on many agricultural products but nothing has been reported at the moment of affecting the pineapple crop. This is something that we will be watching closely in the upcoming months.