Exhibit 99.1

                               PRESS RELEASE
                REPORT OF EARNINGS AND DIVIDEND DECLARATION

                                                          March 2, 2009
                                                    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,
2008  and  December  31,  2007, in thousands of dollars  except  per  share
amounts.
                                   Three Months Ended    Twelve Months Ended
                                      December 31,            December 31,
                                    2008        2007        2008       2007

Net sales                        $1,142,494  $  940,606  $4,267,804 $3,213,301


Net earnings                     $   23,024  $   36,748  $  146,919 $  181,332

Net earnings per common share    $    18.55  $    29.40  $   118.19 $   144.15

Average number of shares
 outstanding                      1,241,322   1,249,991   1,243,087  1,257,901


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
http://www.seaboardcorp.com/investors/Annual.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, 2009 to stockholders of record  at
the close of business on March 20, 2009.