Cocoa little lower

Cocoa futures are trading a little lower Tuesday morning. May Cocoa is trading at 2685, down 10. July Cocoa is trading at 2687, down 9. Chatter about weather outlooks along with demand forecasts has kept both buyers and sellers active. Market talk that Chinese easing of monetary policy did little to bring buyers in adding to chatter that persists about relatively high cocoa prices and demand concerns.