Farmland Industries 8-K Other events

In re  Farmland Transportation			Case No. 02-50564
	MONTHLY OPERATING REPORT SUMMARY
	FOR THE MONTH OF JULY, 2003
	REVENUE
	Gross Income		$           10,579.43
	Less Cost of Goods Sold		$           11,721.38
	Materials	$                        -
	Direct Labor	$                        -
	Overhead	$             11,721.38
	Gross Profit		$            (1,141.95)
	OPERATING EXPENSES
	Owner/Officer-Draws/Salaries	$                        -
	Other Employee Salaries	$             16,284.64
	Advertising and Marketing	$                        -
	Insurance	$                        -
	Payroll Taxes	$               2,605.95
	Lease and Rent	$                        -
	Telephone and Utlities	$               3,745.55
	Attorney and other Professional Fees	$                        -
	UST Quarterly Fees	$               3,750.00
	Other Expenses	$             64,821.93
	Total Operating Expenses		$          91,208.07
	Net Income (Loss)		($92,350.02)
	CURRENT ASSETS
	Accounts Receivable at end of month		$         742,651.04
	Increase (Decrease) in AR for month		$        (305,895.10)
	Inventory at end of month		$                      -
	Increase (Decrease) in Inventory for month		$                      -
	Cash at end of the month		$          (14,951.84)
	Increase (Decrease) in Cash for month		$             9,468.48
	LIABILITIES
	Increase (Decrease) in post-petition debt		$              (418.77)
	Increase (Decrease) in pre-petition debt		$           10,078.32
	Taxes Payable:
	Federal Payroll Taxes	$                        -
	State Payroll Taxes	$                        -
	Local Payroll Taxes	$                        -
	State Sales Taxes	$                        -
	Real Estate and Personal	$                        -
	Property Taxes	$                        -
	Other (footnote)	$          (185,874.00)
	Total Taxes Payable		$        (185,874.00)
	Footnote:
	PRE Fed Income Tax	$        (185,874.00)