Seaboard Overseas and Trading Group is a global agribusiness company in grain and protein based foods with an integrated model focusing on the African and South American markets.
Seaboard’s Commodity Trading and Milling (CT&M) segment, which is managed under the name of Seaboard Overseas and Trading Group, is an integrated agricultural commodity trading, processing and logistics company. We operate milling facilities at 13 locations in 9 countries and has 11 trading offices in 10 countries. These facilities produce approximately two million metric tons of wheat flour, maize meal, manufactured feed and oilseed crush commodities per year in addition to other related grain-based products.
Vertical integration of procurement, transportation and processing functions provide SOTG with certain competitive advantages. Seaboard is uniquely qualified to assess and select the best quality and most consistent grain and protein meal suppliers worldwide. Management of our bulk freight and chartered vessel fleets provides logistics control over the delivery of commodities to in-house and third-party customers.
The CT&M segment sources, transports and markets approximately 14 million metric tons per year of wheat, corn, soybeans, soybean meal and other commodities, generally purchased from farmers, grain elevators and wholesale merchants. Changes in origination sources, weather patterns, planting forecasts, and consumption patterns may impact supply and demand and related commodity prices in this segment.
Seaboard’s CT&M segment owns three 18,900 metric ton deadweight dry bulk vessels and charters between 26 to 55 bulk vessels with deadweights up to 176,000 metric tons under short-term agreements.