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September arabica coffee (KCU24) on Thursday closed up +2.90 (+1.22%), and Sep ICE robusta coffee (RMU24) closed up +99 (+2.21%). Coffee prices posted moderate gains on Thursday for a second day. Coffee prices were boosted by the rise in the Brazilian real (^USDBRL) to a 4-week high against the dollar on Wednesday, discouraging export selling from Brazil’s coffee producers. Last Monday, coffee prices fell to 2-month lows on an increase in global coffee exports. The International Coffee Organization (ICO) reported that global June coffee exports rose +3.8% y/y to 10.78 million bags, and Oct-Jun…

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