SEB | Market Cap: $4.5B (07/13/26)
Industry:
Consumer Staples Producers Transportation Renewable & Alternative Energy +1 more

DESCRIPTION

Seaboard is a diversified, family-controlled conglomerate with operations in pork processing, agricultural commodity trading, ocean shipping, biofuel production, and electric power generation. The Bresky family controls roughly 74% of shares. Seaboard's two core businesses are Pork and Commodity Trading & Milling (CT&M). The Pork segment operates a vertically integrated hog production and processing chain in the U.S., raising hogs from breeding through finishing and processing them at its own plant in Oklahoma. Seaboard is the third-largest U.S. hog producer and fourth-largest pork processor, selling to foodservice, distributors, and grocery stores domestically and to export markets including Mexico, Japan, and China. CT&M, run as Seaboard Overseas and Trading Group, trades wheat, corn, soybeans, and soybean meal globally, transports them on owned and chartered vessels, and mills them into flour and animal feed at facilities across 26 countries, primarily in Africa and South America, handling roughly 15 million metric tons annually. Beyond these two core segments, Seaboard operates a Marine segment shipping cargo between the U.S. and Latin America and the Caribbean; a Liquid Fuels segment producing biodiesel and renewable diesel from pork fat and other animal fats; and a Power segment selling electricity to the Dominican Republic grid via power barges. Seaboard also holds a 52.5% stake in Butterball, the turkey brand, accounted for under the equity method. Earnings across most segments are commodity-driven and therefore volatile.

Read full business overview →