July arabica coffee (KCN24) on Thursday closed up +3.90 (+1.97%), and July ICE robusta coffee (RMN24) closed up +25 (+0.73%). Coffee prices on Thursday settled moderately higher. Insufficient rainfall in Vietnam and Brazil may lead to lower coffee yields and is supportive for prices. The Buon Ma Thuot Coffee Association said today that this month’s total rainfall in Vietnam’s Dak Lak province, a key coffee-growing region, is likely to be 50% lower than last year. Also, Somar Meteorologia reported Monday that Brazil’s Minas Gerais region received no rainfall or 0% of the historical average in t…