Seaboard Corp.
(NYSE Amex Equities : SEB)

( )
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Company Profile

Seaboard Corp. is engaged in hog production and pork processing in the U.S., commodity trading and grain processing in Africa and South America, cargo shipping services in the U.S., Caribbean and Central and South America, sugar and alcohol production in Argentina, and electric power generation in the Dominican Republic. Seaboard also has an equity method investment in Butterball LLC, a producer and processor of turkey products. It operates through the following segments: Pork, Commodity Trading and Milling, Marine, Sugar & Alcohol, Power, Turkey, and Other Business. The Pork segment produces and sells fresh and frozen pork products to processors, foodservice operators, distributors, and grocery stores. The Commodity Trading and Milling segment are managed under the name of Seaboard Overseas and Trading Group, which is an integrated agricultural commodity trading, processing, and logistics company. The Marine segment provides cargo shipping services in the U.S. and 26 countries in the Caribbean and Central and South America. The Sugar & Alcohol segment operates a vertically integrated sugar and alcohol production facility in Argentina. It supplies most of the raw material processed in this facility with sugarcane grown on land that it owns. The Power segment is an independent power producer generating electricity for the Dominican Republic power grid. The Turkey segment is a vertically integrated producer and processor of conventional, antibiotic-free, and organic turkey products. The Other Business segment processes jalapeño peppers at its plant in Honduras, which are primarily shipped to and sold in the U.S. The company was founded by Otto Bresky in 1918 and is headquartered in Merriam, KS.