Cocoa Futures Little Higher Ahead of NCA Cocoa Data

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December New York Cocoa is trading at 2742, up 18 $/MT. March New York Cocoa is trading at 2655, up 14 $/MT. New York cocoa futures are trading a little higher early Thursday morning. Market talk about West African weather and global demand for cocoa is making the rounds. The National Confectioners Association (NCA) North American third quarter cocoa grindings are scheduled for release at 4:00 p.m. ET. The street is expecting a 2 percent to 3 percent increase versus the third quarter of 2015.

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