Coffee Futures Jump to 13-Year High in N.Y. on Supply Concern By Debarati Roy Bloomberg October 26, 2010 Coffee futures rallied to a 13-year high in New York on concern that global supply will be tight. Output from the next crop in Brazil, the world’s biggest producer, may drop to 36 million bags, the lowest in four years after a drought hindered flowering, the nation’s coffee council said on Oct. 22. Costa Rica lowered its output estimate by 3.5 percent for the season that began this month, Reuters reported, citing the head of the coffee association. “First Brazil and now Costa Rica, everyone is lowering their estimates,” said Tom Mikulski, a senior market strategist at Lind-Waldock, a broker in Chicago. “People are concerned about the supply of better-quality coffee.” Arabica coffee for December delivery gained 0.7 cent, or 0.3 percent, to $2.012 a pound at 11:56 a.m. on ICE Futures U.S. in New York. Earlier, the commodity rose to $2.046, the highest level since August ...