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8-K - SEABOARD CORPORATION 8-K DATED AUGUST 7, 2012 - SEABOARD CORP /DE/k82q2012.txt



                                                               Exhibit 99.1

                               PRESS RELEASE
                            REPORT OF EARNINGS

                                                             August 7, 2012
                                                    Shawnee Mission, Kansas

The  following is a report of earnings for Seaboard Corporation  (NYSE  MKT
symbol: SEB) with offices at 9000 West 67th Street, Shawnee Mission, Kansas
66202,  (the "Company"), for the three and six months ended June  30,  2012
and  July  2,  2011,  in thousands of dollars except share  and  per  share
amounts.
                                   Three Months Ended       Six Months Ended
                                   June 30,    July 2,     June 30,    July 2,
                                     2012        2011        2012        2011

Net sales                        $1,510,593  $1,398,587  $2,981,706  $2,866,766


Net earnings attributable to
 Seaboard                        $   50,097  $  113,486  $  132,306  $  230,350

Net earnings per common share    $    41.58  $    93.34  $   109.63  $   189.45

Average number of shares
  outstanding                     1,204,837   1,215,879   1,206,871   1,215,879


Notes to Report of Earnings:

Included in net earnings  attributable  to Seaboard for the three  and  six
months  ended  July  2,  2011  is  a  gain  on  sale  of  power  generating
facilities in  the  amount of $51,423,000, or $42.29 share.  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.