Microsoft Word - 8-K earnings release 3Q14 .doc

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

FORM 8-K CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) October 31, 2014

Seaboard Corporation


(Exact name of registrant as specified in its charter)

Delaware

1-3390

04-2260388

(State or other jurisdiction of

(Commission

(I.R.S. Employer

incorporation)

File Number)

Identification No.)

9000 W. 67th Street, Shawnee Mission, Kansas 66202

(Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (913) 676-8800
Not Applicable

(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition

On October 31, 2014, Registrant issued a press release announcing earnings for the quarter ended September 27, 2014. The full text of this press release is included as Exhibit 99.1 to this Current Report on Form 8-K.
In accordance with General Instruction B.2 of Form 8-K, the information furnished pursuant to Item 2.02, and the related press release included as Exhibit 99.1 to this Current Report, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits
Registrant hereby furnishes the following exhibit pursuant to Item 2.02:
99.1 Press release of Seaboard Corporation dated October 31, 2014 announcing earnings for the quarter ended
September 27, 2014.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
DATE: October 31, 2014
Seaboard Corporation
by: /s/ Robert L. Steer Robert L. Steer, Executive Vice President, Chief Financial Officer

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PRESS RELEASE REPORT OF EARNINGS Exhibit 99.1

October 31, 2014
Shawnee Mission, Kansas
The following is a report of earnings for Seaboard Corporation (NYSE MKT symbol: SEB) with offices at 9000 West 67th Street, Shawnee Mission, Kansas 66202, (the "Company"), for the three and nine months ended September 27, 2014 and September 28, 2013, in thousands of dollars except share and per share amounts.

Three Months Ended Nine Months Ended
September 27, September 28, September 27, September 28,

2014 2013 2014 2013


Net sales $ 1,622,641 $ 1,648,105 $ 4,796,868 $ 4,914,440

Net earnings attributable to Seaboard $ 104,749 $ 30,969 $ 246,592 $ 127,970

Net earnings per common share $ 89.49 $ 25.99 $ 208.76 $ 107.09

Average number of shares outstanding 1,170,550 1,191,744 1,181,217 1,195,006
Notes to Report of Earnings:
As of September 27, 2014, Seaboard's Pork segment sold to Triumph Foods LLC a 50% interest in Daily's Premium Meats, its processed meats division. Included in net earnings attributable to Seaboard for the three and nine months ended September 27, 2014 is a gain on sale of controlling interest in subsidiary of $39,279,000 net of taxes, or $33.56 and $33.25 per share, respectively ($64,392,000 gain before taxes). The final sale price is subject to agreement on the final working capital adjustments but any such remaining adjustment is not anticipated to be significant.
Seaboard Corporation today filed its Quarterly Report on Form 10-Q with the United States Securities and Exchange Commission. Seaboard has provided access to the Quarterly Report on Form 10-Q on its website at http://www.seaboardcorp.com/investor

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