HORMEL FOODS CORP

Ticker: HRL CUSIP: 440452100 Class: COM

New England Research & Management, Inc.'s Holding History (CIK: 0001596077)

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

Q4 2016

Shares 15,400 Value ($000) $536 Avg Close $28.71 Range $26.40 - $30.91

Q3 2016

Shares 18,800 Value ($000) $713 Avg Close $29.43 Range $28.44 - $31.71

Q2 2016

Shares 14,250 Value ($000) $522 Avg Close $29.51 Range $26.61 - $34.60

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	15,400	$536	$28.71	$26.40 - $30.91
Q3 2016	18,800	$713	$29.43	$28.44 - $31.71
Q2 2016	14,250	$522	$29.51	$26.61 - $34.60