<SEC-DOCUMENT>0001214659-12-001256.txt : 20120322
<SEC-HEADER>0001214659-12-001256.hdr.sgml : 20120322
<ACCEPTANCE-DATETIME>20120322102619
ACCESSION NUMBER:		0001214659-12-001256
CONFORMED SUBMISSION TYPE:	PX14A6G
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20120322
DATE AS OF CHANGE:		20120322
EFFECTIVENESS DATE:		20120322

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SEABOARD CORP /DE/
		CENTRAL INDEX KEY:			0000088121
		STANDARD INDUSTRIAL CLASSIFICATION:	 [6221]
		IRS NUMBER:				042260388
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PX14A6G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-03390
		FILM NUMBER:		12708216

	BUSINESS ADDRESS:	
		STREET 1:		9000 W. 67TH STREET
		CITY:			SHAWNEE MISSION
		STATE:			KS
		ZIP:			66202
		BUSINESS PHONE:		9136768800

	MAIL ADDRESS:	
		STREET 1:		9000 W. 67TH STREET
		CITY:			SHAWNEE MISSION
		STATE:			KS
		ZIP:			66202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SEABOARD ALLIED MILLING CORP
		DATE OF NAME CHANGE:	19820328

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HATHAWAY BAKERIES INC
		DATE OF NAME CHANGE:	19710315

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HUMANE SOCIETY OF THE UNITED STATES
		CENTRAL INDEX KEY:			0001471109
		IRS NUMBER:				530225390
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		PX14A6G

	BUSINESS ADDRESS:	
		STREET 1:		2100 L ST, NW
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20037
		BUSINESS PHONE:		202-452-1100

	MAIL ADDRESS:	
		STREET 1:		2100 L ST, NW
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20037
</SEC-HEADER>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Written materials:</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The attached written materials are submitted pursuant to a voluntary application of Rule 14a-6(g)(1) promulgated under the Securities Exchange Act of 1934. Submission is not required of this filer under the terms of the Rule, but is made in the interest of public disclosure and consideration of these important issues.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">March 21, 2012</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Dear Fellow Seaboard Corporation Shareholder:</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Humane Society of the United States (HSUS) is the nation&#8217;s largest animal protection organization. Supported by more than 12 million people&#8212;roughly one in every 28 Americans&#8212;The HSUS represents mainstream values and attitudes toward animals. We&#8217;re rated a 4-star charity (the highest possible) by Charity Navigator, approved by the Better Business Bureau<font style="DISPLAY: inline; COLOR: #1f497d">&#160;</font>for all 20 standards for charity accountability, voted by GuideStar&#8217;s Philanthropedia<font style="DISPLAY: inline; COLOR: #1f497d">&#160;</font>experts as the #1 high-impact animal protection group, and named by <font style="FONT-STYLE: italic; DISPLAY: inline">Worth </font>magazine<font style="DISPLAY: inline; COLOR: #1f497d">&#160;</font>as one of the 10 most fiscally responsible charities.<font style="FONT-STYLE: italic; DISPLAY: inline; FONT-SIZE: 10pt">&#160;</font>Additionally, Cone Communications ranked us as having the tenth-strongest brand image of any non-profit organization in the country, and we were the only animal protection charity in that top 10 list.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">As proponents of the shareholder resolution on Seaboard Corporation&#8217;s 2012 proxy statement encouraging management to create and announce a plan, by October 2012, for phasing out the confinement of breeding pigs in gestation crates, we want to draw your attention to the importance of this vote and explain in more detail than the proxy allows why we believe the proposal is in the company&#8217;s and its shareholders&#8217; best long-term interests.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">We urge you to <font style="DISPLAY: inline; FONT-WEIGHT: bold; TEXT-DECORATION: underline">VOTE FOR ITEM 3: STOCKHOLDER PROPOSAL </font>at Seaboard&#8217;s April 23, 2012 annual meeting.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">In recent years, public concern over the treatment of animals raised for food has grown and the decisions the Company makes during this critical time could significantly affect its public image.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Most pigs Seaboard uses for breeding are confined day and night during their four-month pregnancy in gestation crates, then they are placed into another crate to give birth. They are re-impregnated and put back into a gestation crate, pregnancy after pregnancy, until they are slaughtered. These crates are about two feet by seven feet, and the pigs cannot even turn around. It adds up to years of extreme confinement, to the point of virtual immobilization.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The alternative to gestation crates, group housing, is better for animal welfare. Due to consumer demand, major pork producers are moving away from gestation crates. In addition, numerous restaurant companies and retailers have policies to reduce or eliminate their use of pork products from pigs bred using gestation crates.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">As just one example, McDonald&#8217;s recently announced that it &#8220;believes gestation stalls are not a sustainable production system for the future&#8221; and stated that &#8220;there are alternatives that we think are better for the welfare of sows.&#8221; The company went on to announce, &#8220;McDonald&#8217;s wants to see the end of sow confinement in gestation stalls in our supply chain&#8221; and that it will begin a three-month-long assessment with its pork suppliers to determine how it can reach that goal.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">As documented in the enclosed materials, Seaboard&#8217;s refusal to address this confinement practice that most Americans oppose and that is increasingly being legislated against puts the company at financial and reputational risk.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">For these reasons and those discussed in the attached memo, The HSUS urges you to vote <font style="DISPLAY: inline; FONT-WEIGHT: bold; TEXT-DECORATION: underline">FOR Item 3</font>.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">PLEASE NOTE: The HSUS is not asking for and cannot accept your proxy card.</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Please vote FOR Item 3 on the proxy received from the management, following the instructions enclosed with the proxy as to how to cast your ballot.</font></font></div>

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Memorandum</font></font></div>
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<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Subject:</font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Grounds to vote FOR Seaboard Item No. 3: Stockholder Proposal, encouraging management to create and announce a plan, by October 2012, for phasing out the confinement of breeding pigs in gestation crates.</font></div>
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<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Date:</font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">March 21, 2012</font></div>
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<div style="TEXT-INDENT: 0pt; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Contact:</font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Josh Balk, The Humane Society of the United States</font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(301) 721-6419 or <font style="DISPLAY: inline; COLOR: #0000ff; TEXT-DECORATION: underline">jbalk@humanesociety.org</font></font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">We urge shareholders to vote &#8220;FOR&#8221; the stockholder proposal, Item No. 3, in Seaboard Corporation&#8217;s 2012 Notice of Annual Meeting. The proposal would encourage management to create and announce a plan, by October 2012, for phasing out the confinement of breeding pigs in gestation crates. This would bring Seaboard in line with a growing number of its competitors in the pork industry.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Please consider the following information about gestation crate confinement of breeding pigs:</font></div>

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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Eight U.S. states&#8212;Arizona, California, Colorado, Florida, Maine, Michigan, Ohio, and Oregon&#8212;have passed laws banning the confinement of pigs in gestation crates, as has the European Union. Numerous other states have bills pending that once passed would also criminalize gestation crates.</font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Prevention of Farm Animal Cruelty Act (Proposition 2), asked California voters, in 2008, whether to ban the practice of cramming pigs into gestation crates; the vote passed by an overwhelming margin, and received more votes in its favor than any other citizen initiative has received in the state&#8217;s history.<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">1</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">2</font></font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The world&#8217;s largest food-service provider, Compass Group, announced it is switching all 38 million pounds a year of pork it uses to gestation crate-free by 2017. Compass runs the dining operations at 10,000 colleges, universities, hospitals, government buildings and other institutions in the U.S.<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">4</font></font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Wendy&#8217;s stated, &#8220;Wendy&#8217;s agrees that the recent industry efforts to move away from single sow gestation crates is the right way to go&#8230;&#8221;</font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Seaboard competitors are moving away from the gestation crate confinement of breeding pigs. Smithfield announced that it will phase out the use of gestation crates at company-owned operations by 2017.<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">5</font> Hormel emulated that announcement earlier this year, indicating that it, too, would end the use of gestation crates in company-owned operations by 2017.<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">6</font> Cargill is already 50 percent gestation crate-free and Maple Leaf Foods, one of Canada&#8217;s largest pork producers, will also be gestation crate-free by 2017.</font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Numerous corporations are including gestation crate-free pork into their supply chains. In addition to McDonald&#8217;s and Wendy&#8217;s, these companies include Burger King, Sonic, Carl&#8217;s Jr., Hardee&#8217;s and Quiznos.<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">7</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">8</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">9</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">10</font><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">11</font></font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-SIZE: 10pt"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">4</font></font> Stabley, Susan. 2012. &#8220;Compass Group will end contracts with pork producers that use gestation crates.&#8221; <font style="FONT-STYLE: italic; DISPLAY: inline">Charlotte Business Journal</font>. 08 March. http://www.bizjournals.com/charlotte/blog/going_green/2012/03/compass-group-will-end-contracts-with.html. Accessed 13 March 2012.</font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">In a news release about its animal welfare policy, fast food chain Sonic stated, &#8220;Preventing &#8230; abuse is our corporate responsibility and quite simply, the right thing to do.&#8221;<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">13</font> Its Animal Welfare Goals and Missions states, &#8220;The pork industry is moving away from the practice of confining sows in gestation crates to housing them in group pens and Sonic supports this change.&#8221;<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">14</font></font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">An American Farm Bureau-funded opinion poll found that 95 percent of people believe that farm animals are well cared for but that the vast majority of people do not think gestation crates are humane.<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">15</font>In the same study, consumers expressed a strong desire for high standards of farm animal care. The authors concluded that consumers, &#8220;generally view cages as inhumane.&#8221;<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">16</font> The study also found that 89 percent of people believe that food companies that require farmers to treat their animals better are doing the right thing.<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">17</font></font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Food industry consultant, Technomic, found animal welfare to be the third-most important social issue to American restaurant patrons.<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">18</font></font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">A 2010 survey by Context Marketing found that 69% of consumers will pay more for &#8220;ethically produced&#8221; foods and 91% include animal welfare in their criteria for whether something is ethically produced.<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">19</font></font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-SIZE: 10pt"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">12</font></font> Burger King. 2008. &#8220;Burger King System Achieves 2007 Animal Welfare Goals.&#8221; Available from www.bk.com/en/us/company-info/press/press-release1109.html. Accessed 13 July 2011.</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-SIZE: 10pt"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">13</font></font> Sonic. 2011. &#8220;Strictly Business.&#8221; Available from www.sonicdrivein.com/business/giving/index.jsp. Accessed 13 July 2011.</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-SIZE: 10pt"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">14</font></font> Sonic. 2011. &#8220;Animal Welfare Goals and Mission. Available from http://www.sonicdrivein.com/pdfs/documents/animal_welfare.pdf. Accessed 4 March 2012.</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">17</font> Lusk, Jayson K., F. Bailey Norwood, and Robert W. Prickett. 2007. Consumer Preferences for Farm Animal Welfare: Results of a Nationwide Telephone Survey. Oklahoma State University. 17 August.</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">18</font> Luna, Nancy. 2007. Restaurants Adopt Humanity, <font style="FONT-STYLE: italic; DISPLAY: inline">Orange County Register</font>. 11 May. Available from www.ocregister.com/ocregister/money/article_1690888.php. Accessed 15 March 2012.</font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">In response to McDonald&#8217;s announcement that it will require its pork suppliers to provide plans to phase out gestation crates, the <font style="FONT-STYLE: italic; DISPLAY: inline">Chicago Sun-Times</font> editorialized, &#8220;In Illinois, the next humane step would be a state ban on gestational cages. Pigs confined so tightly develop health problems that require antibiotics, raising human health concerns. More than that, the cages are simply cruel.&#8221;<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">20</font></font></div>
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<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="FONT-SIZE: 10pt"><font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">20</font></font> Editorial. 2012. Editorial: Illinois, like McDonald&#8217;s, should ban cruel cage. <font style="FONT-STYLE: italic; DISPLAY: inline">Chicago Sun-Times</font>. 14 February. http://www.suntimes.com/opinions/10637928-474/editorial-illinois-like-mcdonalds-should-ban-cruel-cage.html. Accessed 6 March, 2012.</font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The majority of breeding pigs used by Seaboard are confined in gestation crates. Gestation crates are individual, concrete-floored metal stalls measuring roughly 2 feet by feet, only slightly larger than the animal and so severely restrictive that the sows are unable even to turn around.<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">26</font> As a result of the intensive confinement, crated sows suffer a number of welfare problems, including poor hygiene, risk of urinary infections, weakened bones, overgrown hooves, poor social interaction, lameness, behavioral restriction, and stereotypies. The European Union Scientific Veterinary Committee (SVC) criticized gestation crates in its 1997 report, &#8220;The Welfare of Intensively Kept Pigs,&#8221; and concluded: &#8220;No individual pen should be used which does not allow the sow to turn around easily.&#8221;<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">27</font></font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">There is substantial scientific evidence supporting the view that confining pigs so restrictively is detrimental to their welfare. Renowned farm animal expert Dr. Temple Grandin has repeatedly condemned gestation crates, saying, &#8220;gestation stalls have got to go.&#8221;<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">28</font></font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Colorado State University Department of Animal Science professor Dr. Bernard Rollin states, &#8220;Animals that like to move and are built to move are surely affected negatively if they cannot do so.&#8221;<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">29</font></font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The Pew Commission on Industrial Farm Animal Production&#8212;an independent panel chaired by former Kansas Governor John Carlin that included former U.S. Secretary of Agriculture Dan Glickman&#8212;recommended &#8220;the phase-out &#8230; of all intensive confinement systems<font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">&#160;</font>that restrict natural movement and normal behaviors, including swine gestation crates.&#8221;<font style="FONT-SIZE: 70%; VERTICAL-ALIGN: text-top">30</font></font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Iowa State University, the state school for the top pork producing state in the U.S., conducted a two-and-a-half year study supported by the USDA that concluded it can cost pork producers &#8220;11 percent less&#8221; to breed pigs without gestation crates.</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The confinement of pigs in gestation crates is simply out of step with the mainstream sentiments of the American public, and movement away from using pork from producers that are using gestation crates will only continue to grow. Given all of the above implications, we believe it is in shareholders&#8217; best interest to support this modest resolution, which will simply encourage management to create and announce a plan, by October 2012, for phasing out the confinement of breeding pigs in gestation crates.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Thank you for your time and attention. <font style="DISPLAY: inline; FONT-WEIGHT: bold; TEXT-DECORATION: underline">Please vote FOR Item 3 on the Company&#8217;s proxy statement.</font></font></div>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
