December arabica coffee (KCZ24) today is up +1.85 (+0.73%), and November ICE robusta coffee (RMX24) is up +98 (+1.99%). Coffee prices today are moderately higher as recent tightness in coffee inventories has sparked short covering in coffee futures. ICE-monitored arabica coffee inventories fell to a 4-month low Thursday of 795,874 bags, and ICE-monitored robusta coffee inventories fell to a 4-1/2 month low of 4.379 lots. Coffee inventories had recently recovered as ICE-monitored arabica coffee inventories rose to a 1-1/2 year high of 858,474 bags on September 12, up from the 24-year low of 224…