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September arabica coffee (KCU24) on Tuesday closed down -3.95 (-1.63%), and Sep ICE robusta coffee (RMU24) closed down -100 (-2.18%). Arabica coffee prices on Tuesday closed down -1.63%, giving back much of Monday’s rally of +2.04%, which was sparked by news of no rain last week in Brazil. Somar Meteorologia reported Monday that Brazil’s Minas Gerais region received no rain last week, versus the historical average for the week of 2.6 mm. Minas Gerais accounts for about 30% of Brazil’s arabica crop. Coffee harvest pressures in Brazil are bearish for coffee prices. Safras & Mercado reported last…

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