Milk futures on the Chicago Mercantile Exchange closed lower again Wednesday pressured by declining global prices and cash cheese markets.

August Class III milk unchanged at $19.84.  September 47 cents lower at $15.53.  October 28 cents lower at $16.64.  November down 14 cents at $16.77.  December through February contracts five to 11cents lower.

Dry whey unchanged at $0.34. 

Blocks down $0.0875 at $1.71.  One trade was made at that price.

…