July arabica coffee (KCN24) this morning is up +2.70 (+1.20%), and July ICE robusta coffee (RMN24) is up +61 (+1.43%). Coffee prices this morning are moderately higher, with July robusta posting a new contract high. Robusta coffee prices are seeing support from concern about tight robusta supplies from Vietnam. Dry conditions in Brazil are supporting arabica coffee prices. Last Thursday, arabica coffee posted a new 2-year high, and on Wednesday, nearest-futures (K24) robusta coffee posted a new all-time high. Coffee prices have surged over the past two months due to crop concerns in Brazil and…