Cocoa Futures Move Down

September Cocoa is trading at 3100, down 57 $/MT. December Cocoa is trading at 3080, down 53 $/MT. Cocoa futures are trading a little above the lows of the day after showing a steady trade early on. North American third quarter grindings were up 3.38 percent from last year's levels and were at the lower end of street estimates of a 3 percent to 5 percent gain. Malaysia second quarter grind data showed an increase of 0.6 percent from last year. In other New York Soft commodities; September Coffee is trading at 152.00, down 0.15 cents/lb. October Sugar is trading at 19.31, down 0.60 cents/lb. September Orange Juice is trading at 183.35, down 0.85 cents/lb. December Cotton is trading at 73.63, down 0.247 cents/lb.