Exports of a variety of coffee often used in gourmet blends fell during the first four months of the season, after torrential rains last year damaged plants in some of the top-producing nations, pushing up prices in the spot market. Shipments of mild washed arabica beans from Latin America, excluding Brazil, fell 5%, to 7.57 million 60-kilogram bags, in the October-to-January period, the Guatemalan Coffee Association, or Anacafe, said Friday. The decline in supplies is driving up prices in the spot market for the beans, which are available for immediate delivery, at a time when futures prices are sagging.Colombia, the world's largest producer of mild washed arabica beans, saw a 19% decrease in exports in the period after unseasonably strong rainfall caused an outbreak of a fungus known as coffee rust. The Andean country has seen consistent year-on-year decreases in coffee exports this season, with exports dropping 37% in January from the same month in the 2010-2011 season.

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Some Coffee Prices Are Perking Up

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