Coffee exports skyrocket, will that bring prices down?

Colombia is reporting their coffee exports rose 53% in March 2011, compared to the same time last year.  They give credit to good weather and success fighting a fungal disease.

As of April 21, Arabica-coffee futures, for July delivery, fell 1.15 cents, to $2.983 a pound.  Colombia and Brazil are the biggest exporters of Arabica coffee.