In re Farmland Foods, Inc			Case No. 02-50561
A Missouri Corporation

	MONTHLY OPERATING REPORT SUMMARY
	FOR THE MONTH OF SEPTEMBER, 2003

	REVENUE
	Gross Income		$ 121,853,325.71
	Less Cost of Goods Sold		$ 79,231,027.91
	Materials	$ 76,371,809.10
	Direct Labor	-
	Overhead	$ 2,859,218.81
	Gross Profit		$ 42,622,297.80

	OPERATING EXPENSES
	Owner/Officer-Draws/Salaries	$ -
	Other Employee Salaries	$ 18,258,241.26
	Advertising and Marketing	$ 2,534,209.15
	Insurance	$ 281,858.08
	Payroll Taxes	$ 1,323,472.48
	Lease and Rent	$ 277,430.65
	Telephone and Utlities	$ 1,642,536.42
	Attorney and other Professional Fees	$ 13,193.64
	UST Quarterly Fees	$ -
	Other Expenses	$ 14,416,040.36
	Total Operating Expenses		$ 38,746,982.04
	Net Income (Loss)		$ 3,875,315.76


	CURRENT ASSETS
	Accounts Receivable at end of month		$ 84,101,527.48
	Increase (Decrease) in AR for month		$ (2,705,595.42)
	Inventory at end of month		$ 98,034,662.72
	Increase (Decrease) in Inventory for month		$ 10,961,882.49
	Cash at end of the month		$ (7,054,040.91)
	Increase (Decrease) in Cash for month		$ (400,473.36)


	LIABILITIES
	Increase (Decrease) in pre-petition debt		$ (752,705.19)
	Increase (Decrease) in post-petition debt		$ 5,330,294.34
	Taxes Payable:
	Federal Payroll Taxes	$ (1,258,369.22)
	State Payroll Taxes	$ (170,673.96)
	Local Payroll Taxes	$ (5,784.61)
	State Sales Taxes	$ (35,256.48)
	Real Estate and Personal	$ (1,600,620.00)
	Property Taxes	$ (9,053.32)
	Other (footnote)	$ (54,352.20)
	Total Taxes Payable		$ (3,134,109.79)

	Footnote:
	Use Tax Payable	$ (54,352.20)

FARMLAND INDUSTRIES INC 8-K