HORMEL FOODS CORP

Ticker: HRL CUSIP: 440452100 Class: COM

Mount Lucas Management LP's Holding History (CIK: 0001185072)

Note: Option positions (PUT/CALL) are excluded.

Q2 2014

Shares 71,895 Value ($000) $3,548 Avg Close $18.45 Range $17.58 - $19.05

Q1 2014

Shares 82,100 Value ($000) $4,045 Avg Close $17.52 Range $16.28 - $18.81

Q4 2013

Shares 83,311 Value ($000) $3,763 Avg Close $16.58 Range $15.62 - $17.49

Q3 2013

Shares 85,673 Value ($000) $3,609 Avg Close $15.84 Range $14.47 - $16.68

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	71,895	$3,548	$18.45	$17.58 - $19.05
Q1 2014	82,100	$4,045	$17.52	$16.28 - $18.81
Q4 2013	83,311	$3,763	$16.58	$15.62 - $17.49
Q3 2013	85,673	$3,609	$15.84	$14.47 - $16.68