* May arabica coffee futures fell 3.10 cents or 1.2 percent to close at $2.6515 per lb.
* Market consolidated lower after Tuesday's sharp rally that pushed the market to its biggest one-day percentage gain in five months.
* Concern about tight supplies continued to underpin the market - traders.
* Global 2010-11 coffee production was revised slightly lower to 133.1 million 60-kg bags, partly due to the La Nina weather pattern reducing output - International Coffee Organization.
Source : reuters
