<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99124.txt
<DESCRIPTION>PRESS RELEASE OF SEABOARD CORPORATION
<TEXT>


                                                               Exhibit 99.1

                               PRESS RELEASE
Seaboard Announces Sale of Certain Third Party Commodity Trading Operations

                                                               May 24, 2005
                                                            Merriam, Kansas

Seaboard Corporation (AMEX: SEB) announced today that its Commodity Trading
and  Milling  Segment has entered into agreements to sell  certain  of  its
third  party commodity trading operations to a South African multi-national
shipping company, Grindrod Limited.  The transaction is scheduled to  close
on  May  27,  2005.  The sale of this portion of Seaboard's  business  will
enable  Seaboard to focus on its core milling operations and the  efficient
supply of commodities to support these operations.

Seaboard's revenues for the first quarter 2005 and for the year  2004  from
the  portion  of the operations being sold were approximately $140  million
and  $630  million, respectively.  This compares to total Seaboard revenues
for  the  first  quarter  2005  and  for the  year  2004  of  approximately
$713  million  and $2.7 billion, respectively.  Operating income  from  the
portion of the operations being sold cannot be currently distinguished from
the  remaining  operations  of  Seaboard's Commodity  Trading  and  Milling
Segment.  Operating income for the first quarter 2005 and for the year 2004
for  Seaboard's  Commodity Trading and Milling Segment  were  approximately
$19.8  million  and  $27.4 million, respectively.  This compares  to  total
Seaboard  operating  income for the first quarter  2005  and  for  2004  of
approximately $97.1 million and $251.3 million, respectively.

Seaboard  Corporation  is  a  diversified  international  agribusiness  and
transportation  company, primarily engaged in domestic pork production  and
processing and cargo shipping.  Overseas, Seaboard is primarily engaged  in
commodity  merchandising,  flour and feed  milling,  sugar  production  and
electric power generation.

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</TEXT>
</DOCUMENT>
