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8-K - SEABOARD CORPORATION 8-K DATED NOVEMBER 8, 2011 - SEABOARD CORP /DE/k811711.txt


                                                               Exhibit 99.1

                               PRESS RELEASE

                            REPORT OF EARNINGS


                                                           November 8, 2011
                                                    Shawnee Mission, Kansas

The  following is a report of earnings for Seaboard Corporation (NYSE  Amex
symbol: SEB) with offices at 9000 West 67th Street, Shawnee Mission, Kansas
66202, (the "Company"), for the three and nine months ended October 1, 2011
and  October  2, 2010, in thousands of dollars except share and  per  share
amounts.


                              Three Months Ended       Nine Months Ended
                             October 1,  October 2,  October 1,  October 2,
                                  2011      2010        2011        2010

Net sales                   $1,476,718  $1,111,813   $4,343,484  $3,180,552

Net earnings                $   36,560  $   39,869   $  266,910  $  180,251
  attributable to Seaboard

Net earnings                $    30.07  $    32.74   $   219.52  $   146.93
  per common share

Average number               1,215,863   1,217,828    1,215,874   1,226,780
  of shares outstanding


Notes to Report of Earnings:

Included in  net earnings attributable to  Seaboard for the three and  nine
months  ended  October  1,  2011 is  a  gain on sale  of  power  generating
facilities  in  the  amount of $1,500,000  and $52,923,000  or  $1.23   and
$43.53   per  share,  respectively.  There  was  no  tax  expense  on  this
transaction.

Seaboard Corporation today filed its Quarterly Report on Form 10-Q with the
United  States Securities and Exchange Commission.  Seaboard  has  provided
access   to   the  Quarterly  Report  on  Form  10-Q  on  its  website   at
http://www.seaboardcorp.com/investor-sec.aspx.