Exhibit 99.1 Agribrands International, Inc. To: Editor From: Investor Relations (314) 812-0590 Agribrands Shareholders Approve Merger with Cargill FOR IMMEDIATE RELEASE: St. Louis, Missouri, April 26, 2001 . . . At the Special Shareholder Meeting of Agribrands International, Inc. today, Agribrands' shareholders approved the Agreement and Plan of Merger with Cargill. Agribrands will become a wholly-owned subsidiary of Cargill as a result of the merger. Cargill and Agribrands expect the merger to close at the close of business on Monday, April 30, 2001. * * *