By Adam Cancryn The Wall Street Journal October 21, 2010 Coffee futures broke through the $2-a-pound level for the first time in 13 years as concerns about weather exacerbated a scramble to secure supplies. A shortage of arabica beans, desired for their mild taste, has been evident in global markets for years, and futures are now catching up with the high prices that have prevailed at South and Central America's shipping ports. Arabica coffee for December delivery hit a high of $2.0315 a pound on ICE Futures U.S. during intraday trading on Thursday. That is up 6.4 cents, or 3.3%, on the day, and the highest point since Sept. 18, 1997. Prices have been climbing since June as heavy rains brought on by a string of Caribbean storms dampened optimistic output forecasts released earlier this year. The wet weather cut into yields and diminished the quality of the region's existing beans. "It's a scarcity issue that continues to get worse," said Shawn Hackett...