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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 10-Q

(Mark One)
[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

                  FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2002
or
[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934

For the transition period from _____________________ to______________________

                             Commission File Number:

                  ROGERS INTERNATIONAL RAW MATERIALS FUND, L.P.
             (Exact name of registrant as specified in its charter)

                 ILLINOIS                               36-4368292
         (State of organization)            (I.R.S. Employer Identification No.)

     BEELAND MANAGEMENT COMPANY, LLC
            GENERAL PARTNER
        1000 HART ROAD, SUITE 210
        BARRINGTON, ILLINOIS 60010                       (847) 304-0450
 (Address of principal executive offices)       (Registrant's telephone number,
                                                       including area code)


(847) 304-0450
(Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
    [X] Yes  No


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                          PART I--FINANCIAL INFORMATION

ITEM 1. Financial Statements.
           a)  Accountants Review Report

           b)  Income Statement for the Three Months Ended March 31, 2002.

           c)  Balance Sheet as of March 31, 2002 and December 31, 2001

           d)  Statement of Changes in Partner's Equity for the Three Months
               Ended March 31, 2002.

           e)  Notes to Financial Statements

ITEM 2. Management's Discussion and Analysis of Financial Condition and Results
        of Operations.

ITEM 3. Quantitative and Qualitative Disclosures About Market Risk.

                           PART II--OTHER INFORMATION

ITEM 1. Legal Proceedings.

ITEM 6. Exhibits and Reports on Form 8-K (ss. 249.308 of this chapter).



PART I--FINANCIAL INFORMATION

ITEM 1. Financial Statements.



                           ACCOUNTANT'S REVIEW REPORT

        To the Partners of Rogers International Raw Materials Fund, L.P. (A
        Limited Partnership):

        We have reviewed the accompanying balance sheet of Rogers International
        Raw Materials Fund, L.P. as of March 31, 2002 and related statements of
        income and retained earnings for the three months then ended, in
        accordance with Statements on Standards for Accounting and Review
        Services issued by the American Institute of Certified Public
        Accountants. All information included in the financial statements is the
        representation of the management of Rogers International Raw Materials
        Fund, L.P.

        A review consists principally of inquiries of Company personnel and
        analytical procedures applied to financial data. It is substantially
        less in scope than an audit in accordance with generally accepted
        auditing standards, the objective of which is the expression of an
        opinion regarding the financial statements taken as a whole.
        Accordingly, we do not express such an opinion.

        Based on our review, we are not aware of any material modifications that
        should be made in the accompanying financial statements in order for
        them to be in conformity with generally accepted accounting principles.


        /s/ Vorisek & Company, LLC

        Vorisek & Company, LLC
        Certified Public Accountants
        McHenry, IL
        May 5, 2002


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                  ROGERS INTERNATIONAL RAW MATERIALS FUND, L.P.
                                INCOME STATEMENT
                        Three Months Ended March 31, 2002
                                   (Unaudited)

                     REVENUE

Realized net trading gain                                          $ 321,118
Realized (loss) on securities                                        (11,550)
Change in unrealized net trading gain                                408,054
Change in unrealized (loss) on securities                            (28,997)
Foreign exchange gain                                                    353
Interest income - securities                                          47,750
Interest income                                                        3,545
                                                                  -----------

  Total Revenue                                                      740,273
                                                                  -----------

                     EXPENSE
Commissions                                                            8,084
Management fees                                                       28,370
Administrative fees                                                   22,193
Amortization expense                                                  21,566
                                                                  -----------

   Total Expense                                                      80,213
                                                                  -----------

Net Income                                                         $ 660,060
                                                                  ===========

                  ROGERS INTERNATIONAL RAW MATERIALS FUND, L.P.
                                  BALANCE SHEET
                      March 31, 2002 and December 31, 2001
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                            3/31/2002     12/31/2001
                                                            ---------     ----------
<S>                                                        <C>            <C>
                   ASSETS

Cash at bank                                               $  345,726     $  144,853
Cash at broker                                                744,907        727,344
Investment in securities                                    4,573,984      4,100,000
Unrealized net trading gain                                   437,310         29,255
Interest receivable - securities                               64,125         32,500
Subscriptions receivable                                           --         35,000
Organizational costs (net of accumulated amortization)             --         21,566
                                                           ----------     ----------

   Total Assets                                            $6,166,052     $5,090,518
                                                           ==========     ==========
                LIABILITIES

Commissions payable                                        $    2,550     $    6,141
Accrued management fees                                        22,174         19,187
Administrative fees payable                                    23,824         17,000
Organizational costs payable                                  145,407        145,487
Pending additions                                             250,500             --
                                                           ----------     ----------

  Total Liabilities                                           444,455        187,815
                                                           ----------     ----------
          PARTNERSHIP EQUITY

Limited Partners Equity                                     5,721,597      4,902,703
                                                           ----------     ----------

Total Liabilities and Partnership Equity                   $6,166,052     $5,090,518
                                                           ==========     ==========
</TABLE>

<PAGE>
                  ROGERS INTERNATIONAL RAW MATERIALS FUND, L.P.
                    STATEMENT OF CHANGES IN PARTNERS' EQUITY
                        Three Months Ended March 31, 2002
                                   (Unaudited)

           12/31/2001 Equity                                        $4,902,703

           Additions                                                   340,707

           Net income                                                  660,060

           Withdrawals                                                (181,873)
                                                                    ----------

           3/31/2002 Equity                                         $5,721,597
                                                                    ==========

                                  PER UNIT DATA
                                  -------------

                                                   3/31/2002        12/31/2002
                                                   ---------        ----------

           Net asset value                          $ 104.17        $    92.29
                                                    ========        ==========
           Units outstanding                          54,928            53,124
                                                    ========        ==========


                  ROGERS INTERNATIONAL RAW MATERIALS FUND, L.P.
                          Notes to Financial Statements
                                   (Unaudited)

           In the opinion of management, the accompanying balance sheets and
           related interim statements of income and changes in partners' equity
           include all adjustments, consisting only of normal recurring items,
           necessary for their fair presentation in conformity with U.S.
           generally accepted accounting principles.

           The Partnership has elected not to provide a statement of cash flows
           as permitted by Statement of Accounting Standards 102 " Statement of
           Cash Flows".



ITEM 2.    Management's Discussion and Analysis of Financial Condition and
           Results of Operations.

           RESULTS OF OPERATIONS

           There are no comparative figures for the previous year as the
           registrant did not begin business operations until December 2001.

           NET REVENUES (LOSSES)

           The realized net trading gains of $309,568 are the result of three
           months of trading ending March 31, 2002. The realized trading gains
           include realized losses on securities of $11,550. The interest income
           includes accrued interest income on securities of $47,750.

           OPERATING EXPENSES

           The Fund pays substantial fees and expenses that are described in the
           annual report filed for the fiscal year ended December 31, 2001.
           There have been no material changes in the computation of these fees.

           Organizational Costs for the Fund equaled $364,698 at December 31,
           2001. These costs have been amortized over the three-month period
           ended January 31, 2002. These costs included legal fees, accounting
           fees and printing costs.


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ITEM 3.    Quantitative and Qualitative Disclosures About Market Risk.

           There are no material changes in the information provided in the
           annual report for the year ended December 31, 2001. The risks
           described in that report are summarized below.

           RISKS RELATING TO COMMODITY TRADING AND MARKETS

           You may lose all of your investment if futures prices, which are
           highly unpredictable and volatile, do not increase.

           The Rogers International Commodity Index is likely to be volatile and
           could suffer from periods of prolonged decline in value.

           Because the Rogers International Commodity Index is highly
           concentrated in energy oriented raw materials, prolonged decline in
           value in those commodities would have a negative impact on the Fund's
           performance.

           Investing in units might not provide the desired diversification of
           an investor's overall portfolio.

           Illiquid markets could make it impossible to realize profits or limit
           losses.

           The Fund could have its trading disrupted due to the failure of
           exchanges or clearinghouses or could lose assets deposited with
           futures commission merchants or brokers. .

           The Fund will trade on foreign exchanges that are less regulated than
           U.S. markets and are subject to risks that do not always apply to
           U.S. markets.

           The trading methodology utilized by the Fund may not be successful
           under all or any market conditions.

           Exchange trading limits may require the Fund to liquidate positions
           at undesirable times, resulting in reduced profitability.

           RISKS RELATING TO TAX AND OTHER REGULATORY RISKS

           Regulations governing the futures market may change and could
           adversely affect the Fund's operations.

           Since the Fund is not a regulated investment company you will not
           have the protections provided by statutes regulating those companies.

           A change in tax laws could adversely affect the tax treatment of an
           investment in the Fund.

                           PART II--OTHER INFORMATION

ITEM 1.    Legal Proceedings.

           None

ITEM 6.    Exhibits and Reports on Form 8-K (ss.249.308 of this chapter).

           The Company filed no reports on Form 8-K during the quarter ended
           March 31, 2002


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                                   SIGNATURES*

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                 Rogers International Raw Materials Fund, L.P.
                                 ---------------------------------------------
                                                 (Registrant)

  May 10, 2002                               /s/ Richard Chambers
  ------------                               --------------------
      Date                    Managing Member of Beeland Management Company, LLC

  May 10, 2002                                /s/ Clyde Harrison
  ------------                                ------------------
      Date                    Managing Member of Beeland Management Company, LLC