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INVENTORIES

9 Months Ended

Sep. 29, 2013

4. INVENTORIES

Inventories consisted of the following:

	September 29, 2013		December 30, 2012
	(In thousands)
Live chicken and hens	$	420,644	$	405,335
Feed, eggs and other		244,250		307,500
Finished chicken products		245,939		237,159
Total chicken inventories		910,833		949,994
Commercial feed and other		253		302
Total inventories	$	911,086	$	950,296

- 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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