Seaboard Corporation Report of Earnings

SHAWNEE MISSION, Kan., Nov. 8, 2011 /PRNewswire/ -- 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 attributable to Seaboard	$	36,560	$	39,869	$	266,910	$	180,251
Net earnings per common share	$	30.07	$	32.74	$	219.52	$	146.93
Average number of shares outstanding		1,215,863		1,217,828		1,215,874		1,226,780

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.

SOURCE Seaboard Corporation

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