BC-Cotton Bale

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By AP

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Updated: Wed, 12 Mar 2014 03:14:23 EST

NEW YORK (AP) — Cotton futures No. 2 closed $2.75 a bale higher to $2.90 lower Wednesday.

The average price for strict low middling 1 & 1-16 inch spot cotton advanced 61 cents to 87.29 cents per pound Wednesday for the seven markets, according to the Market News Branch, Memphis USDA.

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