July arabica coffee (KCN24) today is down -0.85 (-0.37%), and July ICE robusta coffee (RMN24) is down -60 (-1.44%). Coffee prices today are under pressure, with robusta falling to a 2-1/2 week low. Weakness in the Brazilian real ([^USDBRL](https://www.barchart.com/forex/quotes/%5EUSDBRL/overview)) is undercutting coffee prices as the real fell to a 17-month low against the dollar today. The weaker real encourages export selling by Brazil’s coffee producers. A rebound in ICE coffee inventories from historically low levels is also negative for prices. ICE-monitored robusta coffee inventories on …