THIRD POINT MANAGEMENT CO LLC
SC 13G, 1999-01-25
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<PAGE>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G

                   Under the Securities Exchange Act of 1934*

                         Agribrands International, Inc.
                         ------------------------------
                                (Name of Issuer)

                          Common Stock, $.01 par value
                          ----------------------------
                         (Title of Class of Securities)

                                   00849R105
                                   ---------
                                 (CUSIP Number)

                                January 14, 1999
                                ----------------
             (Date of Event Which Requires Filing of this Statement)

           Check the appropriate box to designate the rule pursuant to
                         which this Schedule is filed:

                                [ ] Rule 13d-1(b)
                                [X] Rule 13d-1(c)
                                [ ] Rule 13d-1(d)

 *The remainder of this cover page shall be filled out for a reporting person's
  initial  filing on this form with respect to the subject class of  securities,
  and for any subsequent amendment containing  information which would alter the
  disclosures provided in a prior cover page.

  The  information  required  on the  remainder  of this cover page shall not be
  deemed to be "filed" for the purpose of Section 18 of the Securities  Exchange
  Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
  the Act but shall be subject to all other provisions of the Act (however,  see
  the Notes).

<PAGE>





- --------------------                                     -------------------
CUSIP No.  00849R105                 13G                 Page  2 of 8 Pages
           ---------                                          ---  ---          
- --------------------                                     -------------------

- -------------------------------------------------------------------------------
  1  NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

     Daniel S. Loeb
- -------------------------------------------------------------------------------
  2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                            (a) [ ]

                                                            (b) [ ]
- ------------------------------------------------------------------------------
  3  SEC USE ONLY

- ------------------------------------------------------------------------------
  4  CITIZENSHIP OR PLACE OF ORGANIZATION

     United States
- ------------------------------------------------------------------------------
                         5  SOLE VOTING POWER

                            None
                     ---------------------------------------------------------
     NUMBER OF           6  SHARED VOTING POWER
      SHARES
   BENEFICIALLY             534,000
     OWNED BY
       EACH            ---------------------------------------------------------
     REPORTING           7  SOLE DISPOSITIVE POWER
      PERSON
       WITH                 None

                     ---------------------------------------------------------
                         8  SHARED DISPOSITIVE POWER

                            534,000
- ------------------------------------------------------------------------------
     9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        534,000
- ------------------------------------------------------------------------------
    10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- ------------------------------------------------------------------------------
    11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

        5.0%
- ------------------------------------------------------------------------------
    12  TYPE OF REPORTING PERSON*

        IN
- ------------------------------------------------------------------------------

                      *SEE INSTRUCTION BEFORE FILLING OUT!

<PAGE>


- --------------------                                     -------------------
CUSIP No.  00849R105                 13G                 Page  3 of 8 Pages
           ---------                                          ---  ---
- --------------------                                     -------------------


- -------------------------------------------------------------------------------
        1  NAME OF REPORTING PERSON
           S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           Third Point Management Company L.L.C.
- -------------------------------------------------------------------------------
        2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                             (a) [ ]

                                                             (b) [ ]
- -------------------------------------------------------------------------------
        3  SEC USE ONLY

- -------------------------------------------------------------------------------
        4  CITIZENSHIP OR PLACE OF ORGANIZATION

           Delaware
- -------------------------------------------------------------------------------
                         5  SOLE VOTING POWER

                            None
                     ----------------------------------------------------------
     NUMBER OF           6  SHARED VOTING POWER
      SHARES
   BENEFICIALLY             534,000
     OWNED BY
       EACH           ----------------------------------------------------------
     REPORTING           7  SOLE DISPOSITIVE POWER
      PERSON
       WITH                 None
                      ----------------------------------------------------------
                         8  SHARED DISPOSITIVE POWER

                            534,000
- -------------------------------------------------------------------------------
        9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           534,000
- -------------------------------------------------------------------------------
      10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

- -------------------------------------------------------------------------------
      11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

          5.0%
- -------------------------------------------------------------------------------
      12  TYPE OF REPORTING PERSON*

          00
- -------------------------------------------------------------------------------

                      *SEE INSTRUCTION BEFORE FILLING OUT!


<PAGE>




Item 1(a):     Name of Issuer:
- ---------      --------------

               Agribrands International, Inc. (the "Company").

Item 1(b):     Address of Issuer's Principal Executive Offices:
- ---------      -----------------------------------------------

               9811 South Forty Drive
               St. Louis, Missouri  63124

Items 2(a)     Name of Person Filing; Address of Principal
- ----------     -------------------------------------------
and 2(b):      Business Office:
- --------       ---------------

               This  statement  is filed by and on behalf of (i) Daniel S. Loeb,
               in his capacity as the managing member of Third Point  Management
               Company  L.L.C.  ("TPM")  and (ii) TPM.  The  principal  business
               address of each reporting person is 277 Park Avenue,  27th Floor,
               New York, New York 10172.

               The  shares  of Common  Stock,  par value  $.01,  of the  Company
               ("Common Stock") which are the subject of this statement are held
               directly by the managed  accounts for which TPM or Mr. Loeb serve
               as discretionary  investment manager (collectively,  the "Managed
               Accounts").

Item 2(c):     Citizenship:
- ---------      -----------

               Mr. Loeb is a United States citizen.  
               TPM is a Delaware limited liability company.

Item 2(d):     Title of Class of Securities:
- ---------      ----------------------------     

               Common stock, par value $.01 per share.

Item 2(e):     CUSIP Number:
- ---------      ------------

               00849R105

Item 3:        If this statement is filed pursuant toss. 240.13d-1(c), 
- ------         -------------------------------------------------------
               check this box.  [X]
               ---------------

Items 4(a)-(c):Ownership:
- -------------  ---------

               As of the date of this statement:

               (i) Mr. Loeb had beneficial ownership of 534,000 shares of Common
               Stock by virtue of his  position as the  managing  member of TPM.
               Such shares  represent 5.0% of the issued and outstanding  Common
               Stock.  Mr. Loeb shares voting power and  dispositive  power over
               such shares with TPM.

               (ii) TPM had  beneficial  ownership  of 534,000  shares of Common
               Stock by  virtue  of its  position  as  discretionary  investment
               manager to the  Managed  Accounts  holding  such shares of Common
               Stock.  Such shares  represent 5.0% of the issued and outstanding
               Common Stock. TPM shares voting power and dispositive  power over
               such shares with Mr. Loeb.


<PAGE>

               The  percentages  used  herein  are  calculated  based  upon  the
               10,668,571  shares  of  Common  Stock  stated  to be  issued  and
               outstanding as of January 12, 1999, as reflected in the Company's
               Quarterly  Report on Form 10-Q for the quarter ended November 30,
               1998.

Item 5:        Ownership of Five Percent or Less of a Class:
- ------         --------------------------------------------

               Not Applicable.

Item 6:        Ownership of More than Five Percent on Behalf of Another Person:
- ------         ---------------------------------------------------------------

               No person  other than the  Managed  Accounts is known to have the
               right to receive or the power to direct the receipt of  dividends
               from or the  proceeds of sale of shares of Common  Stock,  except
               that  the  respective   shareholders,   partners  or  owners,  as
               relevant,  of the Managed  Accounts have the right to participate
               in the receipt of dividends  from,  or proceeds upon the sale of,
               the shares of Common Stock held for their respective accounts.

Item 7:        Identification  and Classification of the Subsidiary Which
- ------         ----------------------------------------------------------
               Acquired the Security Being Reported on By the Parent Holding
               -------------------------------------------------------------
               Company:
               -------

               Not Applicable.

Item 8:        Identification and Classification of
- ------         ------------------------------------               
               Members of the Group:
               --------------------

               Not Applicable.

Item 9:        Notice of Dissolution of Group:
- ------         ------------------------------

               Not Applicable.

Item 10:       Certification:
- -------        -------------

               By signing below each of the  undersigned  certifies that, to the
               best of the  undersigned's  knowledge and belief,  the securities
               referred  to  above  were not  acquired  and are not held for the
               purpose  of or with the effect of  changing  or  influencing  the
               control of the issuer of the securities and were not acquired and
               are  not  held in  connection  with  or as a  participant  in any
               transaction having that purpose or effect.


<PAGE>




                                    SIGNATURE
                                    ---------

     After reasonable inquiry and to the best of the undersigned's knowledge and
belief, each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.

Dated:  January 25, 1999


                                    THIRD POINT MANAGEMENT COMPANY L.L.C.



                                    By:  /s/ Daniel S. Loeb
                                        --------------------
                                             Daniel S. Loeb
                                             Managing Member



                                         /s/ Daniel S. Loeb
                                        --------------------
                                             Daniel S. Loeb




<PAGE>





                                  EXHIBIT INDEX
                                  -------------


Exhibit A: Joint Filing Agreement,  dated January 25, 1999,  between Third Point
           Management Company L.L.C. and Daniel S. Loeb.





<PAGE>





                                                                       Exhibit A

                             JOINT FILING AGREEMENT
                          PURSUANT TO RULE 13d-1(k)(1)
                          ----------------------------

     The  undersigned  acknowledge  and agree that the  foregoing  statement  on
Schedule  13G is  filed  on  behalf  of each of the  undersigned  and  that  all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the  undersigned  without the  necessity of filing  additional  joint
filing  agreements.  The undersigned  acknowledge that each shall be responsible
for the timely filing of such amendments,  and for the completeness and accuracy
of the information concerning it contained therein, but shall not be responsible
for the  completeness  and accuracy of the  information  concerning  the others,
except  to the  extent  that  it  knows  or has  reason  to  believe  that  such
information  is  inaccurate.  This  Agreement  may be  executed in any number of
counterparts  and all of such  counterparts  taken together shall constitute one
and the same instrument.

Dated:  January 25, 1999


                                    THIRD POINT MANAGEMENT COMPANY L.L.C.



                                    By:  /s/ Daniel S. Loeb
                                        -------------------------
                                             Daniel S. Loeb
                                             Managing Member


                                         /s/ Daniel S. Loeb
                                         ------------------------           
                                         Daniel S. Loeb







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