Inventories (Tables)

3 Months Ended

Mar. 29, 2014

Inventories

Summary of inventories

	March 29,				December 31,
(Thousands of dollars)		2014				2013
At lower of LIFO cost or market:
Live hogs and materials		$	210,875			$	207,310
Fresh pork and materials		34,439				33,485
		245,314				240,795
LIFO adjustment		(56,371		)		(62,236		)
Total inventories at lower of LIFO cost or market		188,943				178,559
At lower of FIFO cost or market:
Grains, oilseeds and other commodities		284,115				299,229
Sugar produced and in process		37,685				53,325
Other		65,122				74,289
Total inventories at lower of FIFO cost or market		386,922				426,843
Grain, flour and feed at lower of weighted average cost or market		74,575				93,596
Total inventories		$	650,440			$	698,998