THIRD POINT MANAGEMENT CO LLC
SC 13G/A, 2000-02-10
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<PAGE>


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G

                                (Amendment No. 1)

                   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)

                                December 31, 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 6 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             366,000
     OWNED BY
       EACH          ------ ----------------------------------------------------
     REPORTING           7  SOLE DISPOSITIVE POWER
      PERSON
       WITH                 None

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

                            366,000
- ---------- ---------------------------------------------------------------------
        9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           366,000
- ---------- ---------------------------------------------------------------------
       10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
           SHARES*

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

           3.6%
- ---------- ---------------------------------------------------------------------
       12  TYPE OF REPORTING PERSON*

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

                      *SEE INSTRUCTION BEFORE FILLING OUT!


                                       -2-

<PAGE>


- --------------------                                           -----------------
CUSIP No.  00849R105                  13G                      Page 3 of 6 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             366,000
     OWNED BY
       EACH          ------ ----------------------------------------------------
     REPORTING           7  SOLE DISPOSITIVE POWER
      PERSON
       WITH                 None

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

                            366,000
- ---------- ---------------------------------------------------------------------
        9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

           366,000
- ---------- ---------------------------------------------------------------------
       10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
           SHARES*

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

           3.6%
- ---------- ---------------------------------------------------------------------
       12  TYPE OF REPORTING PERSON*

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

                      *SEE INSTRUCTION BEFORE FILLING OUT!


                                       -3-

<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 366,000 shares of
                    Common Stock by virtue of his position as the managing
                    member of TPM. Such shares represent 3.6% 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 366,000 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 3.6% of the
                    issued and outstanding Common Stock. TPM shares voting power
                    and dispositive power over such shares with Mr. Loeb.


                                      -4-

<PAGE>


                    The percentages used herein are calculated based upon the
                    10,199,101 shares of Common Stock stated to be issued and
                    outstanding as of January 11, 2000, as reflected in the
                    Company's Quarterly Report on Form 10-Q for the quarter
                    ended November 30, 1999.

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

                    If this statement is being filed to report the fact that as
                    of the date hereof the reporting person has ceased to be the
                    beneficial owner of more than five percent of the class of
                    securities, check the following: [X]

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.


                                      -5-

<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: February 9, 2000


                                        THIRD POINT MANAGEMENT COMPANY L.L.C.



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



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


                                      -6-



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