Farmland Industries. (Industry News).

Farmland Industries, Kansas City, Mo., announces that operating earnings before reorganization expenses for the first quarter of fiscal 2003 increased from $3.2 million to $16.5 million. Sales decreased slightly to $1.7 billion from $1.8 billion in the previous year. Farmland's pork, beef and crop production business also showed improved earnings. Since filing for reorganization, Farmland has reduced its borrowings by $70 million.

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Title Annotation:	financial report, first quarter 2003
Publication:	Agri Marketing
Article Type:	Brief Article
Geographic Code:	1USA
Date:	Feb 1, 2003
Words:	66
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Topics:	Cattle industry Livestock industry Finance

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