Daily Coffee Report 8/10/26
Daily coffee report
StoneX Coffee Team
- Coffee
Hawaii Congressional Delegation Announces $6 Million Grant to Address Coffee Leaf Rust
By: Alexis Rubinstein, Managing Editor - Coffee Network
Hawaii Congressional Delegation Announces $6 Million Grant to Address Coffee Leaf Rust
CoffeeNetwork (New York) - Senators Mazie K. Hirono and Brian Schatz and Representatives Ed Case and Kai Kahele announced $6,007,090 in funding from the U.S. Department of Agriculture (USDA) National Institute of Food and Agriculture (NIFA) Specialty Crop Research Initiative (SCRI) grants program to the Synergistic Hawaii Agriculture Council (SHAC) to address Coffee Leaf Rust (CLR).
This four-year grant will support a coordinated approach to addressing CLR across various entities, including the USDA Agricultural Research Service (ARS) Daniel K. Inouye U.S. Pacific Basin Agricultural Research Center (DKI-US-PBARC), the ARS Tropical Agriculture Research Station (TARS) in Puerto Rico, University of Hawaii, University of Puerto Rico, as well as Purdue University and Michigan State University. The five main objectives of this grant include breeding rust-resistant varieties of coffee, surveying spread and identifying field management options for farmers to use to protect existing coffee trees, identifying fungicides or biological control methods to combat CLR, genomic work on CLR, and economic analyses of domestically grown coffee.
“Over the past year our more than 1,400 coffee growers in Hawaii have been dealing with one of the greatest threats to their industry,” Senator Hirono said. “This funding will help bring together leading experts in coffee research to protect one of our most iconic crops, so coffee can continue contributing to our local economy and culture.”
“This new federal funding is an important step supporting our coffee growers against Coffee Leaf Rust,” said Senator Schatz. “By developing rust-resistant coffee varieties and researching the disease to better combat it, we’ll be able to protect and maintain the unique quality of Hawaii coffee. This is great news for our state.”
“This is very welcome news especially coming on the heels of the sobering discovery this summer that coffee leaf rust has spread to all the major islands in the State of Hawaii," said Congressman Case. "As a member of the House Appropriations Committee, I have worked to secure millions of dollars in federal research funding for Hawaii’s tropical specialty crops like coffee and macadamia nut, and while our funding has helped mitigate the effects of the macadamia felted coccid, coffee berry borer and coffee leaf rust, current law limits the scope of federal research dollars. The members of our Hawaii Congressional delegation last month introduced bicameral legislation to continue to battle these agricultural pests to greatly enhance our ability to fund much more comprehensive coffee as well as macadamia nut research to preserve and grow these invaluable industries.”
“The success of Hawaii’s coffee industry has been a priority of mine since my tenure in the State Senate, and now as a U.S. Congressman. Our coffee industry circulates more than $200 million annually in the local economy creating business and job opportunities back home,” Congressman Kahele said. “I applaud the team of dedicated scientists, farmers, project managers and others who crafted the award-winning Specialty Crop Research Initiative application and send my thanks to Suzanne Shriner, Executive Director of the Synergistic Hawaii Agriculture Council, for her leadership in securing federal dollars to address the coffee leaf rust.”
Synergistic Hawaii Agriculture Council Director Suzanne Shriner said," Many of us depend on our morning cup of coffee to start the day. But for the growers of Hawaii and Puerto Rico, coffee is much more than a drink, it's a part of the culture and a significant economic driver. The recent arrival of the deadly Coffee Leaf Rust fungus has the potential to devastate the industry. The NIFA grant will fund a consortium of scientists and address the problem on the ground for farmers in both regions. Research will focus on immediate solutions for growers affected by CLR, through field management of the disease. In addition, the grant will fund long-term breeding of trees resistant to CLR, focusing on quality in the cup to meet the high standard of Kona and Hawaiian coffees. In addition, expansion of genomic research will assist the global coffee industry in understanding and combating the fungus. Finally, economic analyses of all activities will help our growers, large and small, determine which solutions are best for their farms. SHAC is looking forward to collaborating with the scientists of USDA, University of Hawaii, Purdue, University of Puerto Rico and Michigan State University. We believe this team is uniquely capable of answering the challenging questions that this disease raises."
CLR is a devastating fungus that up until last year was present in every coffee growing region of the world except Hawaii. It was first detected in Hawaii in October 2020 and its presence has since been confirmed on all main Hawaiian Islands. Spread of the fungus is difficult to control and if left untreated can result in more than 70 percent yield loss.
Upon learning of detection of CLR in Hawaii last year, Senator Hirono, Senator Schatz, and Rep. Case sent a letter to then-USDA Secretary Perdue alerting him to the situation and requesting swift federal assistance with early detection and rapid response. In addition, the Hawaii delegation introduced the Coffee Plant Health Initiative Amendments Act earlier this year that would expand research funding to address all current and emerging threats to coffee plant health, including CLR.
Alexis Rubinstein
- Coffee
This material should be construed as market commentary and represents the opinions and viewpoints of the author, and does not reflect tailored advice associated with any specific account.
The views are current only through the date stated and are subject to change at any time based upon market or other conditions, and StoneX Group Inc. (“SGI”) disclaims any responsibility to update such views. Actual results, performance, or achievements may differ materially from those expressed or implied. Information is based on data gathered from what we believe are reliable sources. Past performance does not guarantee future results.
The StoneX Group Inc. group of companies provides financial services worldwide through its subsidiaries, including physical commodities, securities, exchange-traded and over-the-counter derivatives, risk management, global payments and foreign exchange products in accordance with applicable law in the jurisdictions where services are provided.
References to certain OTC products or swaps are made on behalf of StoneX Markets, LLC (SXM), a member of the National Futures Association (NFA) and provisionally registered with the U.S. Commodity Futures Trading Commission (CFTC) as a swap dealer. SXM’s products are designed only for individuals or firms who qualify under CFTC rules as an ‘Eligible Contract Participant’ and who have been accepted as customers of SXM.
StoneX Financial Inc. (SFI) is a member of FINRA/NFA/SIPC and registered with the MSRB. SFI is registered with the U.S. Securities and Exchange Commission (SEC) as a Broker-Dealer and with the CFTC as a Futures Commission Merchant and Commodity Trading Advisor. StoneX Financial (Canada) Inc. (SFCI) is registered in Canada and is a member of CIRO and CIPF. References to certain securities trading are made on behalf of the BD Division of SFI and are intended only for an audience of institutional clients as defined by FINRA Rule 4512(c). References to certain exchange-traded futures and options are made on behalf of the FCM Division of SFI. Wealth Management is offered through SA Stone Wealth Management Inc., member FINRA/SIPC, and SA Stone Investment Advisors Inc., an SEC-registered investment advisor, both wholly owned subsidiaries of SGI.
R.J. O’Brien & Associates, LLC (RJO) is registered with the CFTC as a Futures Commission Merchant and is a member of NFA.
StoneX Financial Ltd (SFL) is registered in England and Wales, company no. 5616586. SFL is authorized and regulated by the Financial Conduct Authority (FCA) (registration number FRN:446717) to provide services to professional and eligible customers including: arrangement, execution and, where required, clearing derivative transactions in exchange traded futures and options. SFL is also authorized to engage in the arrangement and execution of transactions in certain OTC products, certain securities trading, precious metals trading and payment services to eligible customers. SFL is authorized and regulated by the FCA under the Payment Services Regulations 2017 for the provision of payment services. SFL is a category 1 ring-dealing member of the London Metal Exchange. In addition SFL also engages in other physically delivered commodities business and other general business activities which are unregulated and not required to be authorized by the FCA.
This communication is issued in the European Economic Area by StoneX Financial Europe GmbH (SFEG). StoneX is the trade name used by STONEX GROUP INC. and all its associated entities and subsidiaries. StoneX Financial Europe GmbH (“SFEG”) is a securities trading firm registered in Germany under Company No. HRB 80844.
StoneX APAC Pte. Ltd. (“SAP”) (Co. Reg. No 200616676W) is regulated as a Dealer (PS20190001002) under the Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act 2019 for purposes of anti-money laundering and countering the financing of terrorism. SAP is an “Approved International Trading Company” authorized to act as a “Spot Commodity Broker” under the Commodity Trading Act.
StoneX Financial Pte Ltd (Co. Reg. No 201130598R) (“SFP”) is regulated by the Monetary Authority of Singapore and is a Capital Markets Service Licence holder (for dealing in capital market products), an Exempt Financial Adviser (for advising on investment products and issuing or promulgating analyses/ reports on investment products) and a Major Payment Institution (for domestic and cross-border money transfer services).
SFP may distribute analysis/report produced by its respective foreign affiliates within the StoneX Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations Recipients should contact SFP at (65) 6309 1000 for any matters arising from, or in connection with, this webinar.
StoneX APAC Pte. Ltd. (“SAP”) (Co. Reg. No 200616676W) is regulated as a Dealer (PS20190001002) under the Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act 2019 for purposes of anti-money laundering and countering the financing of terrorism.
StoneX Financial (HK) Limited (CE No.: BCQ152) (“SHK”) is regulated by the Hong Kong Securities and Futures Commission for Dealing in Securities and Dealing in Futures Contracts.
StoneX Financial Pty Ltd (ACN 141 774 727) holds an Australian Financial Service License (AFSL: 345646) for Dealing in Securities, Exchange-Traded Derivatives Contracts, OTC Derivatives Contracts and Foreign Exchange Contracts, and is regulated by the Australian Securities and Investments Commission.
StoneX Securities Co., Ltd. (“SSJ”) (Co. Reg. No 010401047199) is regulated by the Japanese Financial Services Agency as a Type-I Financial Instruments Business Operator (Kanto Local Finance Bureau (FIBO)No.291’), is a member of the Financial Futures Association of Japan for dealing and broking FX and FX Option transactions, and is a member of the Japan Securities Dealers Association for dealing and broking stock indices and option transactions.
Trading swaps and over-the-counter derivatives, exchange-traded derivatives and options and securities involves substantial risk and is not suitable for all investors. Past performance of any futures or option is not indicative of future success. Indicators are not a trading system and are not published as a specific trade recommendation. The information herein is not a recommendation to trade nor investment research or an offer to buy or sell any derivative or security. It does not take into account your particular investment objectives, financial situation or needs and does not create a binding obligation on any of the StoneX group of companies to enter into any transaction with you. You are advised to perform an independent investigation of any transaction to determine whether any transaction is suitable for you. No part of this material may be copied, photocopied or duplicated in any form by any means or redistributed without the prior written consent of StoneX Group Inc.
The report/analysis herein is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation.
© 2026 StoneX Group Inc. All Rights Reserved.
Discover more insights
Our subscribers have access to comprehensive market analysis from StoneX spanning commodities, equities, currencies and more.
Related articles for Coffee
Perspective: Morning Commentary for August 10
August 10 – The world commodity markets and economy remains at risk amid two wars this morning. Tensions continue to escalate in both the Middle East and the Black Sea – risking pulling other countries into the conflicts. Stocks are down modestly this morning as we start a week of trade in which we’ll see key inflation and retail sales data following a weak jobs report this past Friday. Yet, stocks continue to trade just below record high levels, with the VIX trading near 2026 lows just above 15. The dollar index is trading near 99.7. Yields on 10-year Treasuries are trading near 4.68%, while yields on 2-year Treasuries are trading near 4.23%. The energy and food-based markets are firmer today amid the escalated risks. WTI crude oil is trading near $80, while Brent trades near $85 per barrel. Double-digit gains in the winter wheat markets lead the way for higher grain and oilseed prices.
Arlan Suderman
- Grains & Oilseeds
- Energy
- Dairy
- Renewable Fuels
- Cocoa
- Coffee
- Cotton
- Sugar
- Meats & Livestock
- Forest Products
Perspective: Morning Commentary for August 7
August 7 – The U.S. economy unexpectedly lost 23k jobs in July, dramatically below market expectations of an 80k increase and marking the worst Non-Farm Payrolls print since February. Furthermore, May and June were both revised sharply downward, with combined revisions showing 103k fewer jobs than previously reported. Outside of the healthcare sector, which added 22k jobs in July, the losses were very broad-based. Government payrolls saw the largest decline, shedding 53k jobs in July, the largest seen since October 2025, while June was revised down to show a loss of 10k jobs as well. The private sector at least saw growth, adding 30k jobs in July, now matching the month prior after it was revised down from the 49k initially reported, and substantially missing forecasts of 78k jobs being added. This is a sharp reversal in course from the largely better than expected U.S. labor data seen earlier this week.
Mike Castle
- Grains & Oilseeds
- Energy
- Dairy
- Renewable Fuels
- Cocoa
- Coffee
- Cotton
- Sugar
- Meats & Livestock
- Forest Products
StoneX: We open markets
Our market expertise, advanced platforms, global reach, culture of full transparency and commitment to our clients’ success all set us apart in the financial marketplace.
Reach
With access to 40+ derivatives exchanges, 180+ foreign exchange markets, nearly every global securities marketplace and numerous bilateral liquidity venues, StoneX’s digital network and deep relationships can take clients anywhere they want to go.
Transparency
As a publicly traded company meeting the highest standards of regulatory compliance in the markets we serve, our financials and track record are matters of public record. StoneX’s commitment to “doing the right thing over the easy thing” sets us apart in the industry and helps us build respect, client trust and new partnerships.
Expertise
From our proprietary Market Intelligence platform to “boots-on-the-ground” expertise from award-winning traders and professionals, we connect our clients directly to actionable insights they can use to make more informed decisions and achieve their goals in the global markets.