In re  Farmland Foods, Inc			Case No. 02-50561
	MONTHLY OPERATING REPORT SUMMARY
	FOR THE MONTH OF JANUARY, 2004
	REVENUE
	Gross Income		$           726,255.50
	Less Cost of Goods Sold		$           630,983.78
	Materials	$            630,983.78
	Direct Labor	-
	Overhead	$                          -
	Gross Profit		$          95,271.72
	OPERATING EXPENSES
	Owner/Officer-Draws/Salaries	$                          -
	Other Employee Salaries	$           130,547.96
	Advertising and Marketing	$                          -
	Insurance
	Payroll Taxes	$             11,131.05
	Lease and Rent	$               9,522.87
	Telephone and Utlities	$               5,513.10
	Attorney and other Professional Fees	$             12,073.55
	UST Quarterly Fees	$                          -
	Other Expenses	$      (1,578,600.61)
	Total Operating Expenses		$  (1,409,812.08)
	Net Income (Loss)		$    1,505,083.80
	CURRENT ASSETS
	Accounts Receivable at end of month		$      3,543,961.25
	Increase (Decrease) in AR for month		$           74,661.89
	Inventory at end of month		$         945,873.76
	Increase (Decrease) in Inventory for month		$         132,574.38
	Cash at end of the month		$  370,925,941.02
	Increase (Decrease) in Cash for month		$         981,206.78
	LIABILITIES
	Increase (Decrease) in pre-petition debt		$              (554.70)
	Increase (Decrease) in post-petition debt		$       (662,975.35)
	Taxes Payable:
	Federal Payroll Taxes	$            (14,947.00)
	State Payroll Taxes	$                          -
	Local Payroll Taxes	$                          -
	State Sales Taxes	$            (14,535.32)
	Real Estate and Personal	$                          -
	Property Taxes	$              (3,275.17)
	Other (footnote)	$                 (695.76)
	Total Taxes Payable		$        (33,453.25)
	Footnote:
	Use Tax Payable	$                 (695.76)