BC-Cotton Bale: July 5, 2012

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BC Cotton Bale: July 5, 2012NEW YORK (AP) – futures No. 2 closed $8.30 to $10.65 a bale lower Thursday.

The average price for strict low middling 1 & 1-16 inch spot cotton declined 270 points to 65.80 cents per pound Thursday for the seven markets, according to the Market News Branch, Memphis USDA.

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