In re  Farmland Foods, Inc			Case No. 02-50561
	MONTHLY OPERATING REPORT SUMMARY
	FOR THE MONTH OF FEBRUARY, 2004
	REVENUE
	Gross Income		$           175,314.28
	Less Cost of Goods Sold		$           104,429.09
	Materials	$           104,429.09
	Direct Labor	-
	Overhead	$                        -
	Gross Profit		$             70,885.19
	OPERATING EXPENSES
	Owner/Officer-Draws/Salaries	$                        -
	Other Employee Salaries	$                        -
	Advertising and Marketing	$                        -
	Insurance
	Payroll Taxes	$                        -
	Lease and Rent	$               9,238.13
	Telephone and Utlities	$                  196.54
	Attorney and other Professional Fees	$               3,216.20
	UST Quarterly Fees	$                        -
	Other Expenses	$           150,209.50
	Total Operating Expenses		$           162,860.37
	Net Income (Loss)		$            (91,975.18)
	CURRENT ASSETS
	Accounts Receivable at end of month		$         3,342,674.47
	Increase (Decrease) in AR for month		$          (201,286.78)
	Inventory at end of month		$           937,575.91
	Increase (Decrease) in Inventory for month		$              (8,297.85)
	Cash at end of the month		$     371,320,218.17
	Increase (Decrease) in Cash for month		$           394,277.15
	LIABILITIES
	Increase (Decrease) in pre-petition debt		$                        -
	Increase (Decrease) in post-petition debt		$          (460,877.52)
	Taxes Payable:
	Federal Payroll Taxes	$            (14,947.00)
	State Payroll Taxes	$                        -
	Local Payroll Taxes	$                        -
	State Sales Taxes	$            (14,961.42)
	Real Estate and Personal	$                        -
	Property Taxes	$              (3,275.17)
	Other (footnote)	$                 (695.76)
	Total Taxes Payable		$            (33,879.35)
	Footnote:
	Use Tax Payable	$                 (695.76)