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5. Inventories

3 Months Ended

Mar. 25, 2012

5. INVENTORIES

Inventories consisted of the following:



	March 25, 2012		December 25, 2011
	(In thousands)
Chicken:
Live chicken and hens	$	384,062	$	363,590
Feed, eggs and other	253,467		238,449
Finished chicken products	269,433		273,363
Total chicken inventories	906,962		875,402
Other products:
Commercial feed, table eggs and other	3,450		3,674
Distribution inventories (other than chicken products)	18		18
Total other products inventories	3,468		3,692
Total inventories	$	910,430	$	879,094

- 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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