Cocoa little changed

New York Cocoa futures are trading steady to a little lower Friday morning. September Cocoa is trading at 3213, down 4. Trading is rangebound. Market chatter about month positioning and weather for West Africa has been making the rounds. West Africa's Ivory Coast has sold forward 1.3 million tonnes of the 2015/2016 Cocoa harvest. The figure represents about 75% of the crop.