In re  Farmland Pipe Line, Inc.			Case No. 02-50565
A Missouri Corporation
	MONTHLY OPERATING REPORT SUMMARY
	FOR THE MONTH OF AUGUST, 2003
	REVENUE
	Gross Income		$                       -
	Less Cost of Goods Sold		$        (39,879.07)
	Materials	$                        -
	Direct Labor	$                        -
	Overhead	$         (39,879.07)
	Gross Profit		$        39,879.07
	OPERATING EXPENSES
	Owner/Officer-Draws/Salaries	$                        -
	Other Employee Salaries	$                        -
	Advertising and Marketing	$                        -
	Insurance	$                        -
	Payroll Taxes	$                        -
	Lease and Rent	$                        -
	Telephone and Utlities	$                        -
	Attorney and other Professional Fees	$                        -
	UST Quarterly Fees	$                        -
	Other Expenses-includes income tax expense and other income	$         (59,431.09)
	Total Operating Expenses		$     (59,431.09)
	Net Income (Loss)		$       99,310.16
	CURRENT ASSETS
	Accounts Receivable at end of month		$      198,266.30
	Increase (Decrease) in AR for month		$        36,214.36
	Inventory at end of month		$                      -
	Increase (Decrease) in Inventory for month		$                      -
	Cash at end of the month		$                      -
	Increase (Decrease) in Cash for month		$                      -
	LIABILITIES
	Increase (Decrease) in pre-petition debt		$      (81,406.88)
	Increase (Decrease) in post-petition debt		$        49,136.56
	Taxes Payable:
	Federal Payroll Taxes	$                        -
	State Payroll Taxes	$                        -
	Local Payroll Taxes	$                        -
	State Sales Taxes	$                        -
	Real Estate and Personal	$                        -
	Property Taxes	$                        -
	Other (footnote)	$       (133,550.99)
	Total Taxes Payable		$     (133,550.99)
	Footnote:
	Fed Income Tax (Pre)	$                        -
	Fed Income Tax (Post)	$       (133,550.99)