Seaboard Corporation is a diverse multinational agribusiness and transportation conglomerate with integrated operations in several industries. In the United States, the company mainly engages in pork production and processing and ocean transportation. Internationally, Seaboard is primarily engaged in commodity merchandising, grain processing, sugar production and electrical power generation.
The parent company, Seaboard Corporation is based in the Kansas City suburb of Merriam, Kansas. Its subsidiaries include Seaboard Foods, Seaboard Marine, Seaboard Overseas & Trading Group, Tabacal Agroindustria, Transcontinental Capital Corporation, Ltd., and Mount Dora Farms. It has 50% non-controlling interest in Butterball, LLC. Its principal operating divisions are pork, commodity trading and milling, marine, sugar, and power. More than 50% of the corporation is owned by members of its founding family, the Breskys.
Seaboard Corporation's subsidiaries and affiliates employ more than 23,000 people in more than 45 different countries, mostly in the U.S., Latin America and Africa. With net sales of approximately $6.8 billion annually, Seaboard Corporation is #444 on the 2020 Fortune 500 list, having risen almost 40 spots in 2 years. Stock is traded on the NYSE MKT under the symbol SEB.
Seaboard's history is deeply tied to grain. Otto Bresky purchased his first flour mill in Atchison, Kansas, in 1918. During the next 40 years he would purchase additional flour mills, mostly in Kansas, under the name Rodney Milling.