Arabica Coffee Settles Higher on Brazil Coffee Crop Concerns

July arabica coffee (KCN25 ) Friday closed up +1.05 (+0.26%), and July ICE robusta coffee (RMN25 ) closed down -12 (-0.22%). Coffee prices settled mixed on Friday, with arabica posting a 7-week high. Concerns about a smaller Brazil coffee crop are pushing arabica prices higher. On Tuesday, Rabobank predicted Brazil's...Hot coffee in a white coffee cup and many coffee beans by Kingmaya Studio via Shutterstock