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8-K - SEABOARD CORPORATION 8-K DATED SEPTEMBER 9, 2010 - SEABOARD CORP /DE/k89910.txt



                                                               Exhibit 99.1


                      SEABOARD CORPORATION AGREES TO
                   PURCHASE INTEREST IN BUTTERBALL, LLC


SHAWNEE  MISSION,  KANSAS - September 9, 2010 - Seaboard Corporation  (NYSE
Amex: SEB) is pleased to announce that it has entered into an agreement  to
purchase a 50 percent interest in Butterball, LLC, in partnership with  the
Maxwell Farms group.

"Butterball  is  an  iconic brand name in the United  States,  representing
superior quality, outstanding value and excellent customer service," states
Steve  Bresky, Seaboard's President and Chief Executive Officer.  "We  look
forward  to our participation with the Butterball management team  and  the
Maxwell group and bringing additional value to Butterball."

"We  are pleased to be partnering with Seaboard and moving forward  as  the
buyer  of  Butterball,  the strongest brand in the turkey  industry,"  said
Walter  Pelletier, President of Maxwell Farms, LLC.  "Seaboard is a strong,
diversified  company  with a great reputation in the agriculture  and  food
industries,  and  we  are  confident  the  partnership  will  be   mutually
beneficial for both companies."

Butterball,  LLC  is  the  industry leader in providing  safe,  nutritious,
high-quality turkey products.

About Seaboard Corporation:

Seaboard Corporation has a history dating back more than 90 years. Although
the  company  has evolved over time through acquisitions, partnerships  and
internal  growth,  its  roots  are  in  grain  and  agriculturally  derived
products.  Seaboard Corporation directly or indirectly  employs  more  than
14,000 people worldwide and ranks number 552 on the 2010 Fortune 1000 list,
with  net sales of approximately $3.6 billion annually. Seaboard is  traded
on  the  NYSE  Amex Equities under the symbol SEB. For more information  on
Seaboard Corporation, visit www.seaboardcorp.com.

About Maxwell Farms, LLC:

Maxwell  Farms, LLC is an affiliated company of Goldsboro Milling  Company.
Headquartered  in Goldsboro, North Carolina, Maxwell Farms,  LLC  owns  the
Maxwell  family's interest in Butterball, LLC.  Goldsboro Milling began  in
1916  as a feed mill that sold bag feed across eastern North Carolina.   It
soon  turned its attention to bulk feed and in 1958 began to grow  turkeys.
In  the  mid 1980's, Goldsboro Milling joined with Carroll's Foods to  form
Carolina  Turkeys, which is now Butterball.  In the late 1980's,  Goldsboro
Milling added swine, and today is the tenth largest swine producer  in  the
U.S.  Goldsboro Milling also invests in land and timber.

About Butterball, LLC:

Butterball,  LLC is the largest producer of turkey products in  the  United
States.  Headquartered in Garner, North Carolina, Butterball produces  more
than  1  billion pounds of turkey each year, and the company  supplies  its
products  to  more than 30 countries. The industry leader has seven  plants
located throughout the United States.

For  more information about Butterball, visit www.butterball.com.  You  can
also  call  1-800-BUTTERBALL for answers to your  most  puzzling  questions
about turkey preparation.

Forward-Looking Statements:

This  news release may contain forward-looking statements under the Private
Securities Litigation Reform Act of 1995.  There are a number of  important
factors  that  could  cause actual events to differ materially  from  those
suggested  or indicated by such forward-looking statements, and you  should
not  place undue reliance on any such forward-looking statements, including
those  regarding the Butterball joint venture and the anticipated  benefits
of  the venture.  Forward-looking statements, if made, are based on current
intent,   beliefs,   plans  and  expectations,  and   involve   risks   and
uncertainties  that  could  cause  actual future  results,  performance  or
developments  to differ materially from those described in  or  implied  by
such  forward-looking  statements,  including  whether  the  conditions  to
closing  the  joint venture are satisfied, risks related to  operating  the
joint  venture  going  forward,  and the  failure  to  realize  anticipates
synergies or operational efficiencies from the joint venture.  The  company
cautions  investors  not  to place undue reliance  on  any  forward-looking
statements,  and encourages investors to review risk factors  contained  in
Seaboard  Corporation's  most  recent Securities  and  Exchange  Commission
reports,  including  its annual report on Form 10-K, quarterly  reports  on
Form


10-Q, and current reports on Form 8-K, press releases and other communications. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time. ###