Cocoa Little Higher

Cocoa futures are trading a little higher Wednesday morning after Tuesday's move higher. Trading has been active and choppy. September Cocoa is trading at 3382, up 12.

Chatter about U.S. Cocoa Grind data due out this week is making the rounds. The European grind data for the second quarter was up 0.6 percent at 309,677 tons versus a year ago. Germany's grind was up 7.6 percent versus a year ago. Weather chatter about El Nino continues non-stop.