BC-Cotton Bale

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By AP

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Updated: Fri, 24 Jan 2014 04:15:47 EST

NEW YORK (AP) — Cotton futures No. 2 closed 60 cents to $5.10 a bale lower Friday.

The average price for strict low middling 1 & 1-16 inch spot cotton declined 37 cents to 83.19 cents per pound Friday for the seven markets, according to the Market News Branch, Memphis USDA.

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