Exhibit 99.1

                               PRESS RELEASE
                REPORT OF EARNINGS AND DIVIDEND DECLARATION

                                                              March 6, 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 three and twelve months ended December  31,
2005 and 2004, in thousands of dollars except per share amounts.


                                      Three Months Ended   Twelve Months Ended
                                          December 31,          December 31,
                                        2005       2004       2005       2004

Net sales                           $  601,826 $  688,536 $2,688,894 $2,683,980


Net earnings                        $   82,811 $   59,915 $  266,662 $  168,096

Earnings per common share

 Basic                              $    65.65 $    47.74 $   212.20 $   133.94

 Diluted                            $    65.65 $    47.74 $   211.94 $   133.94

Weighted average shares outstanding

 Basic                               1,261,367  1,255,054  1,256,645  1,255,054

 Diluted                             1,261,367  1,255,054  1,258,202  1,255,054


Notes to Report of Earnings:

Seaboard  Corporation today filed its Annual Report on Form 10-K  with  the
United  States Securities and Exchange Commission.  Seaboard  has  provided
access   to   the   Annual  Report  on  Form  10-K  on   its   website   at
www.seaboardcorp.com/Financials.aspx .

The  Company today announced that the Board of  Directors  of  the  Company
has  declared  a dividend of seventy-five cents ($0.75) per  share  on  the
common  stock of  the  Company   payable March 31, 2006 to stockholders  of
record at the close of business on March 21, 2006.