December arabica coffee (KCZ24) Tuesday closed up +1.80 (+0.73%), and November ICE robusta coffee (RMX24) closed up +6 (+0.12%). Coffee prices Tuesday climbed to 1-week highs and settled higher. Coffee prices are climbing due to concern that adverse global weather events will curb coffee production. Dry conditions in Brazil, the world’s largest producer of arabica coffee, are bullish for prices after Somar Meteorologia reported Monday that Brazil’s Minas Gerais region received no rain over the past week. Minas Gerais accounts for about 30% of Brazil’s arabica crop. Robusta coffee has support a…