Overview
- The company said it has indefinitely suspended all production and distribution as it evaluates options.
- State officials said a security fund will cover roughly 75% of unpaid milk checks owed to producers.
- The dairy told its remaining suppliers this week that contracts were ending and milk would no longer be accepted.
- Farmers described missed payments, including one who said he had not been paid for two months.
- Regulators and reports attribute the collapse to the loss of major accounts, including a Whole Foods contract and other customers shifting to a cooperative.