Coffee Prices Settle Higher as the Brazilian Real Rallies

July arabica coffee (KCN25 ) Monday closed up +3.50 (+0.98%), and July ICE robusta coffee (RMN25 ) closed up +82 (+1.85%). Coffee prices on Monday shook off early losses and moved higher on strength in the Brazilian real. The real (^USDBRL ) climbed to an 8-month high against the dollar…