Cotton Closes Low again

Cotton continues to close low.

Staff Photos: Jonathan Phillips
Pilar Quintero milks one of the goats at Rancho Alegre in Dacula. The 21-acre property serves as a regional hub for the purposes of agricultural-based education, tourism and economic development, providing pony rides, a farmers market on Saturdays, a working garden and farm animals.

NEW YORK (AP) - Cotton futures No. 2 closed 65 cents to $3.00 a bale lower Wednesday.

The average price for strict low middling 1 & 1-16 inch spot
cotton declined 30 points to 84.01 cents a pound Wednesday for the seven markets, according to the Market News Branch, Memphis USDA.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

AP-NY-08-18-10 1535EDT

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