UNITED STATES
                  SECURITIES AND EXCHANGE COMMISSION
                        Washington, D.C. 20549



                               FORM 8-K

                            CURRENT REPORT



PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


  Date of Report (Date of earliest event reported) December 29, 2005


                         Seaboard Corporation
        (Exact name of registrant as specified in its charter)


      Delaware                         1-3390                 04-2260388
(State or other jurisdiction of     (Commission           (I.R.S. Employer
  incorporation)                    File Number)         Identification No.)


9000 W. 67th Street, Shawnee Mission, Kansas                66202
  (Address of principal executive offices)               (Zip Code)


  (Registrant's telephone number, including area code) (913) 676-8800


                            Not Applicable
    (Former name or former address, if changed since last report.)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities
    Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))



Item 1.01. Entry into a Material Definitive Agreement

Seaboard,  or  a  subsidiary  of Seaboard, has entered  into  the  material
definitive agreements described below:

Seaboard  Corporation  has  adopted the Seaboard Corporation  Non-Qualified
Deferred  Compensation  Plan  (the  "Deferred  Compensation  Plan")   dated
December  29, 2005, but with an effective date of September 1,  2005.   The
Deferred   Compensation  Plan  gives  a  select  group  of  management   or
highly-compensated employees of Seaboard or related companies the right  to
defer  salary and bonus, to be paid by the company at a later time, all  in
accordance  with  applicable ERISA and income tax laws and regulations.  No
income  taxes  are payable on amounts deferred pursuant to the  Plan  until
paid to the participant.  The Plan also provides for a company contribution
to  be  credited  to participants in an amount equal to 3  percent  of  the
participant's   annual  compensation  in  excess  of the limitation  on the
amount of compensation  that  can  be  taken  into account under the 401(k)
Retirement  Savings  Plan  of  Seaboard   and  any  compensation  which  is
deferred under  the   Deferred Compensation Plan.

Seaboard  Corporation adopted the Seaboard Corporation  Executive  Deferred
Compensation  Plan, as Amended and Restated (the "162(m) Plan"),  effective
January  1, 2005.  The 162(m) Plan was adopted on December 29,  2005.   The
162(m) Plan requires deferral of salary and bonus on a pre-tax basis for an
executive  whose  compensation exceeds $1 million,  the  maximum  allowable
exemption  amount under Section 162(m) of the Tax Code, and who  the  Board
has  designated to participate in the 162(m) Plan.  To date, the Board  has
only  designated  H.  Bresky as a participant  in  the  162(m)  Plan.   The
amendment  was  adopted so that the 162(m) Plan would  continue  to  be  in
compliance with tax law changes.

Item 1.02. Termination of a Material Definitive Agreement

Effective  upon the effectiveness of the Seaboard Corporation Non-Qualified
Deferred  Compensation  Plan  described under  item  1.01  above,  Seaboard
terminated the Seaboard Corporation Supplemental Executive Benefit Plan, as
Amended and Restated (the "Executive Benefit Plan").  The Executive Benefit
Plan  previously was filed as Exhibit 10.2 to Seaboard's Form 10-K for  the
fiscal year ended December 31, 2000.

This  Executive  Benefit Plan was terminated because the benefit  it  would
provide  is  duplicative of the benefit being provided under  the  Seaboard
Corporation Non-Qualified Deferred Compensation Plan described  under  item
1.01  above.  A summary of the material provisions of the Executive Benefit
Plan is provided below.

The Executive Benefit Plan provided for discretionary investment options or
for  cash  compensation payable in an amount equal to  3  percent  of  each
participant's  annual compensation in excess of the Tax Code limitation  on
the  amount of compensation that can be taken into account under the 401(k)
retirement savings plan of Seaboard.

 1


                                 SIGNATURE


Pursuant  to the requirements of the Securities Exchange Act of  1934,  the
registrant  has duly caused this report to be signed on its behalf  by  the
undersigned thereunto duly authorized.




                           DATE: December 29, 2005

                           Seaboard Corporation

                           by: /s/ Robert L. Steer
                               Robert L. Steer, Senior Vice President,
                               Treasurer and Chief Financial Officer