A fungus infestation in Colombia raises the likelihood of higher coffee prices. As much as 10%...

|By:, SA News Editor

A fungus infestation in Colombia raises the likelihood of higher coffee prices. As much as 10% of Colombia's coffee-growing region was replanted this year; new plants typically take as long as three years before producing their beans, which likely will restrict supplies and send prices higher. But so far, futures for arabica coffee have been falling along with other commodities amid Europe's gloomy headlines.