Exhibit 99.1
                               PRESS RELEASE
                            REPORT OF EARNINGS

                                                           November 3, 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  September  30,  2006  and
October 1, 2005, in thousands of dollars except per share amounts.

                             Three Months Ended       Nine Months Ended
                         September 30,  October 1,  September 30,  October 1,
                               2006        2005         2006         2005

Net sales                  $  678,382   $  636,779   $2,002,892  $2,087,068


Net  earnings              $   61,189   $   52,590   $  181,919  $  183,851

Earnings per common share

   Basic                   $    48.51   $    41.90   $   144.22  $   146.49

   Diluted                 $    48.51   $    41.69   $   144.22  $   146.24

Weighted average shares
 outstanding

   Basic                    1,261,367    1,255,123    1,261,367   1,255,077

   Diluted                  1,261,367    1,261,367    1,261,367   1,257,151


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.