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September arabica coffee (KCU24) on Friday closed up +4.75 (+2.12%), and Sep ICE robusta coffee (RMU24) closed up +32 (+0.77%). Coffee prices on Friday rallied moderately, with arabica and robusta posting 1-1/2 week highs. Coffee prices moved higher on concerns that drier-than-normal conditions could adversely affect Brazil’s and Vietnam’s coffee crops. Somar Meteorologia reported Monday that Brazil’s Minas Gerais region received no rain last week for the fourth consecutive week. Minas Gerais accounts for about 30% of Brazil’s arabica crop. Robusta coffee has carryover support from Monday when…

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