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8-K - SEABOARD CORPORATION 8-K DATED MARCH 9, 2011 - SEABOARD CORP /DE/k83911.txt



                                                               Exhibit 99.1

                               PRESS RELEASE
                            REPORT OF EARNINGS

                                                              March 9, 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 twelve months ended December  31,
2010  and December 31, 2009, in thousands of dollars except share  and  per
share amounts.

                                  Three Months Ended      Twelve Months Ended
                                      December 31,             December 31,
                                    2010        2009         2010        2009

Net sales                       $1,205,150  $  959,285   $4,385,702  $3,601,308

Net earnings attributable to
 Seaboard                       $  103,360  $   12,875   $  283,611  $   92,482


Net earnings per common share   $  85.01    $    10.41   $   231.69  $    74.74

Average number of shares
 outstanding                     1,215,879   1,236,758    1,224,092   1,237,452


Notes to Report of Earnings:

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