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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Jun. 28, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Outstanding Derivative Instruments and Cash Collateral
Information regarding the Company’s outstanding derivative instruments and cash collateral posted with (owed to) brokers is included in the following table:
 
June 28, 2015
 
December 28, 2014
 
(Fair values in thousands)
Fair values:
 
 
 
Commodity derivative assets
$
20,401

 
$
8,416

Commodity derivative liabilities
(21,118
)
 
(22,683
)
Cash collateral posted with brokers
10,845

 
25,205

Foreign currency derivative assets

 
2,563

Foreign currency derivative liabilities
(87
)
 

Derivatives coverage(a):
 
 
 
Corn
2.3
 %
 
(8.2
)%
Soybean meal
(11.1
)%
 
(16.1
)%
Period through which stated percent of needs are covered:
 
 
 
Corn
March 2017

 
September 2016

Soybean meal
December 2015

 
July 2015

(a)
Derivatives coverage is the percent of anticipated commodity needs covered by outstanding derivative instruments through a specified date.