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8-K - SEABOARD CORPORATION 8-K DATED AUGUST 9, 2011 - SEABOARD CORP /DE/k88911.txt


                                                               Exhibit 99.1

                               PRESS RELEASE
                            REPORT OF EARNINGS

                                                             August 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 six months ended July 2, 2011 and
July 3, 2010, in thousands of dollars except share and per share amounts.

                                  Three Months Ended       Six Months Ended
                                  July 2,     July 3,     July 2,     July 3,
                                   2011        2010        2011        2010

Net sales                      $1,398,587  $1,048,463  $2,866,766  $2,068,739

Net earnings attributable to
 Seaboard                      $  113,486  $   77,604  $  230,350  $  140,382


Net earnings per common share  $    93.34  $    63.21  $   189.45  $   114.02

Average number of shares
 outstanding                    1,215,879   1,227,628   1,215,879   1,231,207


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.