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Seaboard Corporation Report of Earnings

SHAWNEE MISSION, Kan., Aug. 9, 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 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.

SOURCE Seaboard Corporation

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http://www.seaboardcorp.com