In re  Farmland Foods, Inc			Case No. 02-50561
	MONTHLY OPERATING REPORT SUMMARY
	FOR THE MONTH OF JULY, 2003
	REVENUE
	Gross Income		$     142,490,121.90
	Less Cost of Goods Sold		$       98,600,562.78
	Materials	$       95,145,419.34
	Direct Labor	-
	Overhead	$         3,455,143.44
	Gross Profit		$       43,889,559.12
	OPERATING EXPENSES
	Owner/Officer-Draws/Salaries	$                        -
	Other Employee Salaries	$       20,725,165.57
	Advertising and Marketing	$         3,330,233.70
	Insurance	$           295,797.02
	Payroll Taxes	$         1,708,351.74
	Lease and Rent	$           354,093.52
	Telephone and Utlities	$         1,819,743.56
	Attorney and other Professional Fees	$           158,444.60
	UST Quarterly Fees	$             10,000.00
	Other Expenses	$       16,570,642.76
	Total Operating Expenses		$       44,972,472.47
	Net Income (Loss)		$        (1,082,913.35)
	CURRENT ASSETS
	Accounts Receivable at end of month		$       68,341,815.01
	Increase (Decrease) in AR for month		$        (6,606,241.52)
	Inventory at end of month		$       90,918,026.25
	Increase (Decrease) in Inventory for month		$          (151,067.66)
	Cash at end of the month		$        (7,601,228.84)
	Increase (Decrease) in Cash for month		$        (2,271,167.43)
	LIABILITIES
	Increase (Decrease) in pre-petition debt		$      (20,192,826.86)
	Increase (Decrease) in post-petition debt		$           264,399.98
	Taxes Payable:
	Federal Payroll Taxes	$        (1,112,091.36)
	State Payroll Taxes	$          (210,070.37)
	Local Payroll Taxes	$              (5,255.90)
	State Sales Taxes	$            (26,001.84)
	Real Estate and Personal	$        (1,718,692.44)
	Property Taxes	$             13,118.78
	Other (footnote)	$            (32,045.05)
	Total Taxes Payable		$        (3,091,038.18)
	Footnote:
	Use Tax Payable	$            (32,045.05)