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How much of Del Monte’s portfolio is hedged for 2009?

del monte hedged portfolio
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How much of Del Monte’s portfolio is hedged for 2009?

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As of the date of our Q3F09 earnings conference call, the Company has hedges covering approximately 90% of its hedgeable commodities for fiscal 2009. Hedgable commodities represent approximately 15% of Del Monte’s cost of products sold.

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