Seaboard’s Commodity Trading and Milling Division consists of vertically integrated grain processing and trading companies. Milling facilities are located throughout South America, the Caribbean and Africa and work directly with several affiliated commodity trading offices in strategic locations.
Vertical integration of procurement, transportation and processing functions provides 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 as a result of the information gathered as part of raw material procurement for our own facilities and the qualitative analysis throughout the milling process. In addition, management of our bulk freight and chartered vessel fleets provides logistics control over the delivery of commodities to in-house and to third-party customers.
SOTG markets wheat, corn, soybean meal, and other commodities in bulk to third parties and affiliated companies. We source, transport and market approximately ten million tons of agricultural commodities each year. The division integrates the service of delivering commodities to its customers in the U.S., South America, Europe, Australia and Asia, through the use of chartered and owned bulk vessels.
We also operate grain and feed milling and related businesses with 41 locations in 22 countries, which are primarily supplied by our trading locations. The grain processing businesses are operated through seven consolidated and 18 non-consolidated affiliates in Africa, South America, the Caribbean, and Asia. Seaboard’s CT&M Division’s operations have the capacity to mill approximately 10,800 metric tons of wheat and maize per day, produce 6,000 metric tons of animal feed per day, and crush 2,400 metric tons of oilseeds per day.
Seaboard owns three 18,900 metric ton deadweight dry bulk vessels with deadweights ranging from 8,000 to 76,000 metric tons. During 2015 and 2016, de CT&M Division took delivery of four dry bulk vessels, each with deadweight of 28,000 metric tons.