Earnings Report: 1st Quarter 2012

May 4, 2012
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 months ended March 31, 2012 and April 2, 2011, in thousands of dollars except share and per share amounts.

Three Months Ended March 31, 2012 April 2, 2011
Net sales $1,471,113 $1,468,179
Net earnings attributable to Seaboard $82,209 $116,864
Net earnings per common share $68.00 $96.11
Average number of shares outstanding 1,208,905 1,215,879

Notes to Report of Earnings:
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 on the Investors Information page.