NEW YORK (AP) - Cotton futures No. 2 closed $1.80 to $3.30 a bale lower Thursday.

NEW YORK (AP) Cotton futures No. 2 closed $1.80 to $3.30 a bale lower Thursday.

The average price for strict low middling 1 & 1-16 inch spot cotton declined 62 cents to 74.66 cents per pound Thursday for the seven markets, according to the Market News Branch, Memphis USDA.