Farmland Industries 8-K Monthly Operating Report Summary

In re  Farmland Foods, Inc			Case No. 02-50561
	MONTHLY OPERATING REPORT SUMMARY
	FOR THE MONTH OF NOVEMBER, 2003
	REVENUE
	Gross Income		$           906,560.19
	Less Cost of Goods Sold		$           744,471.66
	Materials	$           744,471.66
	Direct Labor	-
	Overhead	$                         -
	Gross Profit		$        162,088.53
	OPERATING EXPENSES
	Owner/Officer-Draws/Salaries	$                          -
	Other Employee Salaries	$           131,237.70
	Advertising and Marketing	$                          -
	Insurance	$                          -
	Payroll Taxes	$             11,089.55
	Lease and Rent	$                          -
	Telephone and Utlities	$            (71,776.09)
	Attorney and other Professional Fees	$              32,344.68
	UST Quarterly Fees	$                           -
	Other Expenses	$        (5,869,450.88)
	Total Operating Expenses		$     (5,766,555.04)
	Net Income (Loss)		$      5,928,643.57
	CURRENT ASSETS
	Accounts Receivable at end of month		$         3,811,503.19
	Increase (Decrease) in AR for month		$            664,760.55
	Inventory at end of month		$            848,082.99
	Increase (Decrease) in Inventory for month		$          (380,537.74)
	Cash at end of the month		$     367,866,548.86
	Increase (Decrease) in Cash for month		$         5,753,989.88
	LIABILITIES
	Increase (Decrease) in pre-petition debt		$          (241,534.88)
	Increase (Decrease) in post-petition debt		$       (3,790,763.69)
	Taxes Payable:
	Federal Payroll Taxes	$            (14,947.00)
	State Payroll Taxes	$                          -
	Local Payroll Taxes	$                          -
	State Sales Taxes	$            (17,840.27)
	Real Estate and Personal	$                          -
	Property Taxes	$            (13,112.00)
	Other (footnote)	$                 (695.76)
	Total Taxes Payable		$            (46,595.03)
	Footnote:
	Use Tax Payable	$                 (695.76)