DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 25, 2017

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 25, 2017			December 25, 2016
	(Fair values in thousands)
Fair values:
Commodity derivative assets	$	3,864		$	5,439
Commodity derivative liabilities	(11,736		)	(6,827		)
Foreign currency derivative liabilities	(186		)	—
Cash collateral posted with brokers	20,348			4,979
Derivatives coverage(a):
Corn	2.0		%	2.3		%
Soybean meal	12.0		%	0.3		%
Period through which stated percent of needs are covered:
Corn	September 2018			September 2018
Soybean meal	January 2018			July 2017

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