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INVENTORIES

3 Months Ended

Mar. 30, 2014

4. INVENTORIES

Inventories consisted of the following:

	March 30, 2014		December 29, 2013
	(In thousands)
Live chicken and hens	$	386,406	$	368,582
Feed, eggs and other		212,553		216,045
Finished chicken products		194,245		223,932
Total chicken inventories		793,204		808,559
Commercial feed and other		312		273
Total inventories	$	793,516	$	808,832

- 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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