Cocoa little changed

Cocoa futures are trading with little change Thursday morning. July Cocoa is trading at 3128, up 3 and September Cocoa is trading at 3127, up 3. Chatter about tight supply in West Africa continues to bring in buyers. Ghana's officials have estimated that Cocoa production would be near 750,000 tonnes while some estimates are showing levels below 700,000 tonnes. Chatter about currency values and slack overall global growth has led to some selling on rallies. Market chatter about sellers near 3157 for July is making the rounds. Market talk about buyers near 3092 has been surfacing on dips.
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