May arabica coffee (KCK24) this morning is down -2.25 (-1.18%), and May ICE robusta coffee (RMK24) is down -69 (-1.94%). Coffee prices this morning are trading lower. Weakness in the Brazilian real today is undercutting arabica coffee prices as the real (^USDBRL) dropped to a 1-week low against the dollar. The weaker real encourages export selling from Brazil’s coffee producers. Robusta coffee prices are sliding after Vietnam’s agriculture ministry today reported that Vietnam’s Q1 coffee exports rose +44% y/y to 799,000 MT. On Wednesday, arabica coffee rose to a 3-week high, and robusta posted…