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Inventories

6 Months Ended

Jun. 18, 2011


NOTE 6 —	INVENTORIES

The major classes of inventories were as follows:


	June 18,		January 1,
	2011		2011
	(In thousands)

Finished products	$	430,038	$	362,799
Raw materials and work in progress		144,605		119,222
Crop-growing costs		157,487		195,010
Operating supplies and other		58,633		57,935

	$	790,763	$	734,966

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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