Cocoa little higher

Cocoa futures are trading a little higher Monday. May Cocoa is trading at 2803, up 22. July Cocoa is trading at 2804, up 21. European and North American first quarter cocoa grindings totals are due this week. Market chatter about increased volatility is making the rounds. Chatter that West African mid-crop cocoa supplies are still uncertain and has kept trading range bound during recent sessions. Market chatter that European first quarter grindings are being closely watched because of currency movements.