Farmland Industries 8-K Monthly Operating Report Summary

In re  Farmland Foods, Inc			Case No. 02-50561
A Missouri Corporation
	MONTHLY OPERATING REPORT SUMMARY
	FOR THE MONTH OF OCTOBER, 2003
	REVENUE
	Gross Income		$     137,113,360.37
	Less Cost of Goods Sold		$       93,672,117.63
	Materials	$       90,344,439.37
	Direct Labor	-
	Overhead	$         3,327,678.26
	Gross Profit		$       43,441,242.74
	OPERATING EXPENSES
	Owner/Officer-Draws/Salaries	$                         -
	Other Employee Salaries	$       19,488,328.62
	Advertising and Marketing	$         4,887,262.77
	Insurance	$            478,991.44
	Payroll Taxes	$         1,498,375.48
	Lease and Rent	$            331,055.69
	Telephone and Utlities	$         2,014,424.93
	Attorney and other Professional Fees	$            159,841.08
	UST Quarterly Fees	$              10,000.00
	Other Expenses	$       (46,372,133.96)
	Total Operating Expenses		$      (17,503,853.95)
	Net Income (Loss)		$       60,945,096.69
	CURRENT ASSETS
	Accounts Receivable at end of month		$         3,146,742.64
	Increase (Decrease) in AR for month		$      (80,954,784.84)
	Inventory at end of month		$         1,228,620.73
	Increase (Decrease) in Inventory for month		$      (96,806,041.99)
	Cash at end of the month		$     362,112,558.98
	Increase (Decrease) in Cash for month		$     369,166,599.89
	LIABILITIES
	Increase (Decrease) in pre-petition debt		$        (4,847,087.01)
	Increase (Decrease) in post-petition debt		$      (48,843,417.40)
	Taxes Payable:
	Federal Payroll Taxes	$           (14,947.00)
	State Payroll Taxes	$                       -
	Local Payroll Taxes	$                       -
	State Sales Taxes	$              3,302.55
	Real Estate and Personal	$                       -
	Property Taxes	$           (11,920.00)
	Other (footnote)	$               (695.76)
	Total Taxes Payable		$            (24,260.21)
	Footnote:
	Use Tax Payable	$               (695.76)