EX-99.1 2 ex99-1.txt PRESS RELEASE OF SEABOARD CORPORATION Exhibit 99.1 PRESS RELEASE REPORT OF EARNINGS March 9, 2011 Shawnee Mission, Kansas The following is a report of earnings for Seaboard Corporation (NYSE 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, 2010 and December 31, 2009, in thousands of dollars except share and per share amounts. Three Months Ended Twelve Months Ended December 31, December 31, 2010 2009 2010 2009 Net sales $1,205,150 $ 959,285 $4,385,702 $3,601,308 Net earnings attributable to Seaboard $ 103,360 $ 12,875 $ 283,611 $ 92,482 Net earnings per common share $ 85.01 $ 10.41 $ 231.69 $ 74.74 Average number of shares outstanding 1,215,879 1,236,758 1,224,092 1,237,452 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/investor-sec.aspx.