updated 11/12/2010 3:46:15 PM ET 2010-11-12T20:46:15

Cotton futures No. 2 closed $7.80 to $25.00 a bale lower Friday.

The average price for strict low middling 1 & 1-16 inch spot cotton declined 459 points to 136.24 cents a pound Friday for the seven markets, according to the Market News Branch, Memphis USDA.

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