BC-Cotton Bale

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By AP

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Updated: Sun, 31 Aug 2014 07:20:30 EST

NEW YORK (AP) — Cotton futures No. 2 closed 5 cents a bale lower to $2.30 a bale higher Friday.

The average price for strict low middling 1 & 1-16 inch spot cotton advanced 33 cents to 66.86 cents per pound Friday for the seven markets, according to the Market News Branch, Memphis USDA.

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