Daily Coffee Report 8/11/26
Daily coffee report
StoneX Coffee Team
- Coffee
CBP’s Coffee Crackdown: What the Finca Monte Grande WRO Means for U.S. Importers and the Global Supply Chain
By: Alexis Rubinstein, Managing Editor - Coffee Network
CoffeeNetwork (New York) - U.S. Customs and Border Protection (CBP) has intensified its scrutiny of the coffee supply chain with the January 29 issuance of a Withhold Release Order (WRO) against Mexico’s Finca Monte Grande, a major coffee‑producing farm in Chiapas. The action—this year’s first WRO and the third of Fiscal Year 2026—signals a heightened enforcement environment around labor practices in agricultural commodity sourcing.
While forced‑labor actions have historically targeted industries such as textiles, fishing, electronics, and polysilicon, this is the only coffee‑related WRO currently active according to CBP’s official WRO and Findings Dashboard. No other coffee farms or coffee‑sector entities are listed under forced‑labor enforcement orders as of its most recent update on January 29, 2026.
The WRO against Finca Monte Grande bars imports of its coffee into the United States due to CBP’s finding of “reasonable suspicion” that forced labor was used on the farm—an explicit violation of 19 U.S.C. § 1307, which prohibits the importation of any goods produced wholly or in part with forced labor.
CBP’s investigation identified six of the International Labour Organization’s forced‑labor indicators, including: Abuse of vulnerability, Withholding of wages, Retention of identity documents, Excessive overtime, Debt bondage and Abusive working and living conditions
Investigators relied on a broad evidence set: worker interviews, questionnaires, NGO reports, international organization findings, and media sources.
With this order, CBP personnel at all U.S. ports are now required to detain coffee shipments traced to the farm. Importers may either re‑export, destroy the detained goods, or attempt to prove the absence of forced labor—a documentation burden that is typically extensive and difficult to overcome.
For the coffee sector, this development carries weight beyond the specific Mexican farm involved.
The U.S. imports over 99 percent of the coffee it consumes, meaning even small upstream disruptions can create compliance and logistical challenges downstream. The WRO does not target a high‑volume exporter like Brazil or Colombia; however, it introduces a precedent for more aggressive monitoring of labor practices at origin.
Though Mexico plays a comparatively smaller role in U.S. green coffee sourcing, the enforcement action still serves as a compliance warning for roasters, importers, and traders: supply‑chain validation, traceability, and supplier audits are no longer optional—particularly among smaller producers that historically operated with minimal oversight.
CBP officials emphasize that the action is intended to level the playing field. As CBP Commissioner Rodney S. Scott stated, the agency’s mission is to ensure companies “cannot gain an unfair advantage by abusing human rights.” Acting Executive Assistant Commissioner Susan S. Thomas underscored the message even more directly: “If you profit from forced labor, you lose access to the U.S. market.”
CoffeeNetwork’s review of the CBP Withhold Release Orders & Findings Dashboard confirms that Finca Monte Grande is the only coffee farm currently under a WRO. The dashboard, updated as of January 29, 2026, lists forced‑labor enforcement across numerous countries and sectors but includes no additional coffee‑related producers or suppliers.
This means that while the Finca Monte Grande action is significant, it remains an isolated case within the coffee industry—at least for now.
Given the growing global attention to labor practices and sustainability in coffee production, and CBP’s increasingly aggressive approach to enforcement, many in the industry view this as the beginning of a new era rather than a one‑off development.
The WRO serves as a clear signal that due diligence is non‑negotiable. Coffee importers—large and small—should expect greater scrutiny and should be prepared to document:
- Full supply‑chain traceability from farm to port
- Labor‑practice assurances from origin partners
- Verified audits and third‑party certifications
- Monitoring systems for ongoing labor‑standards compliance
While certifications alone are not a safeguard against enforcement, CBP often reviews them as part of an importer’s “reasonable care” demonstration.
Forced‑labor scrutiny aligns with other global developments, including EU deforestation regulations, expanded ESG reporting obligations, and multinational corporate transparency acts. For coffee, where origins often operate in fragmented networks of smallholder farmers, transparency has historically been more aspirational than consistent.
The Finca Monte Grande case may mark the first major test of how aggressively U.S. regulators are prepared to police origin‑level practices in specialty and commodity coffee alike.
For now, the industry maintains stability—with only one coffee‑related WRO in effect—but the precedent is clear: the era of invisible labor in coffee is ending.
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 11
August 11 – It was generally a quiet night for the markets until early this morning when a headline hit that Iran and Oman were close to reaching a deal. Stock futures rallied, while the dollar index followed Treasury yields lower, along with active selling in the energy- and food-based commodities. The headline had limited impact though in a world that has become skeptical of promises of peace. Stock futures remain steady to firmer at this hour, while the VIX trades near 16 – just above 2026 lows. The dollar index is trading near 99.8 this morning, after recovering from its early morning selloff over the following hour of trade. Yields on 10-year Treasuries are trading near 4.69%, while yields on 2-year Treasuries trade near 4.22%. WTI crude oil is trading near $82 per barrel at this hour, while Brent trades near $88. The grain and oilseed markets are mostly weaker, after failing to recover from this morning’s early selloff that started in the crude oil market.
Arlan Suderman
- Grains & Oilseeds
- Energy
- Dairy
- Renewable Fuels
- Cocoa
- Coffee
- Cotton
- Sugar
- Meats & Livestock
- Forest Products
Daily Coffee Report 8/10/26
Daily coffee report
StoneX Coffee Team
- Coffee
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 bi-lateral 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 record of accomplishment 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.