Arabica Coffee Prices Settle Higher on Below-Normal Rain in Brazil

March arabica coffee (KCH25 ) Friday closed up +5.35 (+1.68%), and March ICE robusta coffee (RMH25 ) closed down -13 (-0.26%). Coffee prices Friday settled mixed. Dry conditions in Brazil supported arabica coffee after Somar Meteorologia reported Monday that Brazil’s biggest arabica coffee growing area of Minas Gerais received 62.5…