BC-Cotton Bale

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By AP

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Updated: Wed, 26 Feb 2014 03:14:57 EST

NEW YORK (AP) — Cotton futures No. 2 closed $2.90 to $5.70 a bale lower Wednesday.

The average price for strict low middling 1 & 1-16 inch spot cotton declined 99 cents to 81.44 cents per pound Wednesday for the seven markets, according to the Market News Branch, Memphis USDA.

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