Exhibit 99.1

                               PRESS RELEASE
                          REPORT OF EARNINGS AND
                  BOARD OF DIRECTORS AUTHORIZES SEABOARD
                      TO REPURCHASE ITS COMMON STOCK

                                                             August 8, 2007
                                                    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 June 30, 2007 and  July  1,
2006, in thousands of dollars except per share amounts.

                                      Three Months Ended     Six Months Ended
                                       June 30,   July 1,   June 30,    July 1,
                                         2007       2006      2007       2006

Net  sales                          $  742,219 $  688,937 $1,471,367 $1,324,510


Net  earnings                       $   42,657 $   69,190 $   92,012 $  120,730

Net  earnings per common share      $    33.82 $    54.85 $    72.95 $    95.71

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


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/news.

Seaboard  Corporation today announced that on August 7, 2007 its  Board  of
Directors  authorized Seaboard to repurchase from time  to  time  prior  to
August 31, 2009 up to $50 million market value of its Common Stock in  open
market  or  privately negotiated purchases.  The stock repurchase  will  be
funded by cash on hand.