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Investments | 12 Months Ended
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Dec. 31, 2013
Investments |
Investments | Note 2 Investments All of Seaboard’s available-for-sale and trading securities are classified as current assets, as they are readily available to support Seaboard’s current operating needs. At December 31, 2013 and 2012, amortized cost and estimated fair market value were not materially different for these investments. At December 31, 2013 and 2012, money market funds included $16,144,000 and $2,441,000 denominated in Canadian dollars, respectively, and $11,715,000 and $6,437,000 denominated in Euros, respectively. The following is a summary of the amortized cost and estimated fair value of short-term investments for both available for sale and trading securities at December 31, 2013 and 2012:
|  | 2013 |  | 2012 |
|  | Amortized |  | Fair |  | Amortized |  | Fair |
(Thousands of dollars) |  | Cost |  | Value |  | Cost |  | Value |
Money market funds |  | $ 88,430 |  | $ 88,430 |  | $ 126,537 |  | $ 126,537 |
Corporate bonds |  | 69,591 |  | 70,258 |  | 67,275 |  | 69,214 |
U.S. Government agency securities |  | 27,299 |  | 27,147 |  | 23,647 |  | 23,775 |
Emerging markets debt mutual fund |  | 17,693 |  | 16,941 |  | 17,693 |  | 18,734 |
Asset backed debt securities |  | 8,446 |  | 8,477 |  | 12,180 |  | 12,238 |
Collateralized mortgage obligations |  | 7,597 |  | 7,600 |  | 15,059 |  | 15,162 |
U.S. Treasury securities |  | 5,258 |  | 5,223 |  | 17,165 |  | 17,169 |
Total available-for-sale short-term investments |  | 224,314 |  | 224,076 |  | 279,556 |  | 282,829 |
High yield trading debt securities |  | 49,352 |  | 50,428 |  | 21,839 |  | 23,406 |
Money market funds held in trading accounts |  | 11,033 |  | 11,033 |  | - |  | - |
Emerging markets trading debt mutual fund |  | 3,202 |  | 2,858 |  | 3,046 |  | 3,237 |
Emerging markets trading debt securities |  | 1,300 |  | 1,336 |  | 2,361 |  | 2,600 |
Other trading investments |  | 841 |  | 918 |  | 1,262 |  | 1,307 |
Total short-term investments |  | $ 290,042 |  | $ 290,649 |  | $ 308,064 |  | $ 313,379 |
The following table summarizes the estimated fair value of fixed rate securities designated as available-for-sale, classified by the contractual maturity date of the security as of December 31, 2013:
(Thousands of dollars) |  | 2013 |
Due within one year |  | $ 4,605 |
Due after one year through three years |  | 37,111 |
Due after three years |  | 58,768 |
Total fixed rate securities |  | $100,484 |
In addition to its short-term investments, Seaboard also has trading securities related to Seaboard’s deferred compensation plans classified in other current assets on the Consolidated Balance Sheets. See Note 9 for information on the types of trading securities held related to the deferred compensation plans and Note 10 for a discussion of assets held in conjunction with investments related to Seaboard’s defined benefit pension plan.

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- Definition The entire disclosure for investments in certain debt and equity securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27290-111563 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -Glossary Debt Security -URI http://asc.fasb.org/extlink&oid=6509901 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6379141&loc=d3e15032-111544 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27232-111563 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27161-111563 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27405-111563 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -Glossary Equity Security -URI http://asc.fasb.org/extlink&oid=6511694 + Details
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