Cocoa Futures Little Changed

NY March Cocoa is little changed during early trading after last week's decline. Cocoa has been one of the bright spots for improving global demand in foodstuff's. Friday's fourth quarter Asian grinding data was worse than expected at a 17.2 percent decline from last year. October-December port arrivals in the Ivory Coat were adjusted up by more than 47,000 tons as backed cocoa came to the markets. March Cocoa is trading at 2764, up 9.
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