Exhibit 99.1

                               PRESS RELEASE
                            REPORT OF EARNINGS

                                                             August 9, 2006
                                                    Shawnee Mission, Kansas

The  following  is  a  report  of earnings for Seaboard  Corporation  (AMEX
symbol: SEB) with offices at 9000 West 67th Street, Shawnee Mission, Kansas
66202,  (the  "Company"), for the quarters ended July 1, 2006 and  July  2,
2005, in thousands of dollars except per share amounts.

                                  Three Months Ended      Six Months Ended
                                   July 1,   July 2,      July 1,    July 2,
                                    2006      2005         2006       2005

Net sales                     $  688,937   $  736,962  $1,324,510  $1,450,289


Net earnings                  $   69,190   $   62,584  $  120,730  $  131,261

Net earnings per common share $    54.85   $    49.87  $    95.71  $   104.59

Average number of shares
 outstanding                   1,261,367    1,255,054   1,261,367   1,255,054


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  this  Quarterly  Report  on  Form  10-Q  on  its  website   at
www.seaboardcorp.com/Financials.aspx.