updated 5/10/2010 3:33:20 PM ET 2010-05-10T19:33:20

Cotton futures No. 2 closed $1.65 to $4.20 a bale higher Monday.

The average price for strict low middling 1 & 1-16 inch spot cotton advanced 24 points to 74.03 cents a pound Monday for the seven markets, according to the Market News Branch, Memphis USDA.

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