Cocoa Futures Little Changed, North America Demand Improves

September Cocoa is trading at 3148, down 9 $/MT. December Cocoa is trading at 3125, down 8 $/MT. Cocoa futures are trading just under the session highs after a mostly lower trade early Friday morning. Market talk about global cocoa demand and currency values has kept both buyers and sellers active. The National Confectioners Association (NCA) North American cocoa grind data showed 124,432 tonnes of cocoa beans were ground during the second quarter versus 120,359 in the second quarter of 2015, a 3.38 percent rise. Market chatter about traders adjusting positions ahead of the weekend is showing up. Trading is choppy.