<PAGE>
                                 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, 2001
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: 333-41780


                  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)



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


Indicate by check mark whether the registrant is an accelerated filer (as
defined in Rule 12b-2 of the Exchange Act) [ ] Yes [X] No



<PAGE>
                          PART I--FINANCIAL INFORMATION

ITEM
1.       Financial Statements.

               a)   Accountants Compilation Report
               b)   Balance Sheet as of  March 31, 2001
               c)   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.

ITEM
4.       Controls and Procedures

                           PART II--OTHER INFORMATION

ITEM
1.       Legal Proceedings.

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

               a)   Exhibits required by Item 601 of Regulation S-K
               b)   Reports on Form 8-K



                                   SIGNATURES

                                 CERTIFICATIONS



PART I--FINANCIAL INFORMATION

ITEM 1.  Financial Statements.

                         ACCOUNTANT'S COMPILATION REPORT



        To:   The General Partner of Rogers International Raw Materials Fund,
              L.P.:

        We have compiled the accompanying statement of financial condition of
        Rogers International Raw Materials Fund, L.P. as of March 31, 2001 in
        accordance with standards established by the American Institute of
        Certified Public Accountants.

        A compilation is limited to presenting in the form of financial
        statements information that is the representation of management. We have
        not audited or reviewed the accompanying financial statement and,
        accordingly, do not express an opinion or any other form of assurance on
        it.



        Vorisek & Company, LLC
        Certified Public Accountants
        McHenry, IL
        April 29, 2003



<PAGE>
                 ROGERS INTERNATIONAL RAW MATERIALS FUND, L.P.
                                 BALANCE SHEET
                                 March 31, 2001
                                  (Unaudited)


<TABLE>
<S>                                                               <C>
                                    ASSETS

      Cash                                                        $  5,000
                                                                  ========


                             PARTNERSHIP CAPITAL

      General Partner Capital                                     $  5,000
                                                                  ========

                             PER UNIT INFORMATION

      Units Outstanding                                                 50
                                                                  ========

      Net Asset Value per Unit                                    $    100
                                                                  ========
</TABLE>





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

       In the opinion of management, the accompanying balance sheet includes all
       adjustments, consisting only of normal recurring items, necessary for its
       fair presentation in conformity with U.S. generally accepted accounting
       principles.

       The General Partner has advanced $172,700 in regulatory filing fees,
       legal fees and expenses on behalf of the Partnership. These fees will be
       reimbursed to the General Partner contingent upon the transfer of
       escrowed funds to the Partnership.

       Limited Partner interests have been sold with the proceeds placed in an
       Escrow Fund. These assets will not be paid to the Partnership until
       certain requirements are met, as listed in the limited partnership
       agreement. As of March 31, 2001, the Escrow Fund held $1,129,400 from the
       sale of Limited Partner interests.

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



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

            FINANCIAL CONDITION

            There was no change in total equity in the three months ended March
            31, 2001.

            RESULTS OF OPERATIONS

            NET REVENUES (LOSSES)

            The Partnership had no operations for three months ended March 31,
            2001.


ITEM 3.     Quantitative and Qualitative Disclosures About Market Risk.

            NOT APPLICABLE

ITEM 4.     Controls and Procedures.

               (a) Evaluation and Disclosures an Procedures

                       As required by new Rule 13a-15 under the Securities and
            Exchange Act of 1934, within 90 days prior to the date of this
            report, the Registrant carried out an evaluation under the
            supervision and with the participation of the Registrant's
            management, including the Chief Executive Officer (CEO) and Chief
            Financial Officer (CFO), of the effectiveness of the design and
            operation of the disclosure controls and procedures. Based upon that
            evaluation, the management, including the CEO and CFO, concluded
            that the disclosure controls and procedures were effective to ensure
            that information required to be disclosed by the Registrant in the
            reports it files or submits under the Exchange Act is recorded,
            processed, summarized and reported, within the time periods
            specified in the Securities and Exchange Commission's rules and
            forms. In connection with the new rules and as a matter of practice,
            the Registrant continues to review and document disclosure controls
            and procedures, including internal controls and procedures for
            financial reporting. From time to time, the Registrant may make
            changes aimed at enhancing the effectiveness of the controls and to
            ensure that the systems evolve with the business. There have been no
            significant changes in the internal controls or in other factors
            that could significantly affect internal controls subsequent to the
            date the Registrant carried out its evaluation.

               (b) Changes in Internal Controls

                     None.




<PAGE>
                           PART II--OTHER INFORMATION

ITEM 1.      Legal Proceedings.

             None

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

                  a)   Required Exhibits:

             Exhibit 2 -- Plan of acquisition, reorganization, arrangement,
                          liquidation, or succession
                          None
             Exhibit 3 -- Articles of Incorporation and By-laws
                          This required exhibit is incorporated by reference
                          from the exhibit included with Form S-1 Registration
                          Statement and Amendments No. 333-41780.
             Exhibit 4 -- Instruments defining the rights of security
                          holders, including indentures The required exhibit is
                          incorporated by reference from the exhibit included
                          with Form S-1 Registration Statement and Amendments
                          No. 333-41780.
             Exhibit 10 -- Material Contracts
                          None
             Exhibit 11 -- Statement re computation of per share earnings
                          The required exhibit is incorporated by reference from
                          the information contained in Part I, Item 1, Financial
                          Information.
             Exhibit 15 -- Letter re unaudited interim financial information
                          Not Applicable
             Exhibit 18 -- Letter re change in accounting principles
                          Not Applicable
             Exhibit 19 -- Report furnished to security holders
                          The required exhibit is incorporated by reference from
                          the information contained in Part I, Item 1, Financial
                          Information.
             Exhibit 22 -- Published report regarding matters submitted to
                          vote of security holders Not Applicable
             Exhibit 23 -- Consent of experts and counsel
                          Not Applicable
             Exhibit 24 -- Power of Attorney
                          Not Applicable
             Exhibit 99 - Certification Pursuant to Section 1350 of
                          Chapter 63 of Title 18 of the United States Code
                          See Exhibit 99

                  b)   Reports on Forms 8-K
              No reports on Form 8-K were filed during the first quarter of
              fiscal 2001


<PAGE>
                                   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)

     April 29, 2003                            /s/ Richard Chambers
     --------------                            --------------------
          Date                           Chief Financial Officer of Beeland
                                              Management Company, LLC

     April 29, 2003                             /s/ Clyde Harrison
     --------------                             ------------------
          Date                           Chief Executive Officer of Beeland
                                              Management Company, LLC



<PAGE>
                                 CERTIFICATIONS

      I, Clyde Harrison, the chief executive officer of Rogers International Raw
Materials Fund L.P., certify that:

      1. I have reviewed this quarterly report on Form 10-Q of Rogers
      International Raw Materials Fund L.P;

      2. Based on my knowledge, this quarterly report does not contain any
      untrue statement of a material fact or omit to state a material fact
      necessary to make the statements made, in light of the circumstances under
      which such statements were made, not misleading with respect to the period
      covered by this quarterly report;

      3. Based on my knowledge, the financial statements, and other financial
      information included in this quarterly report, fairly present in all
      material respects the financial condition, results of operations and cash
      flows of the registrant as of, and for, the periods presented in this
      quarterly report;

      4. The registrant's other certifying officers and I are responsible for
      establishing and maintaining disclosure controls and procedures (as
      defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we
      have:

      a) designed such disclosure controls and procedures to ensure that
      material information relating to the registrant, including its
      consolidated subsidiaries, is made known to us by others within those
      entities, particularly during the period in which this quarterly report is
      being prepared;

      b) evaluated the effectiveness of the registrant's disclosure controls and
      procedures as of a date within 90 days prior to the filing date of this
      quarterly report (the "Evaluation Date"); and

      c) presented in this quarterly report our conclusions about the
      effectiveness of the disclosure controls and procedures based on our
      evaluation as of the Evaluation Date;

      5. The registrant's other certifying officers and I have disclosed, based
      on our most recent evaluation, to the registrant's auditors and the audit
      committee of registrant's board of directors (or persons performing the
      equivalent function):

      a) all significant deficiencies in the design or operation of internal
      controls which could adversely affect the registrant's ability to record,
      process, summarize and report financial data and have identified for the
      registrant's auditors any material weaknesses in internal controls; and

      b) any fraud, whether or not material, that involves management or other
      employees who have a significant role in the registrant's internal
      controls; and

      6. The registrant's other certifying officers and I have indicated in this
      quarterly report whether or not there were significant changes in internal
      controls or in other factors that could significantly affect internal
      controls subsequent to the date of our most recent evaluation, including
      any corrective actions with regard to significant deficiencies and
      material weaknesses.

      Date: April 29, 2003

                                               /s/ Clyde Harrison
                                               ------------------
                                             Chief Executive Officer


<PAGE>
      I, Richard Chambers, the chief financial officer of Rogers International
Raw Materials Fund L.P., certify that:

      1. I have reviewed this quarterly report on Form 10-Q of Rogers
      International Raw Materials Fund L.P;

      2. Based on my knowledge, this quarterly report does not contain any
      untrue statement of a material fact or omit to state a material fact
      necessary to make the statements made, in light of the circumstances under
      which such statements were made, not misleading with respect to the period
      covered by this quarterly report;

      3. Based on my knowledge, the financial statements, and other financial
      information included in this quarterly report, fairly present in all
      material respects the financial condition, results of operations and cash
      flows of the registrant as of, and for, the periods presented in this
      quarterly report;

      4. The registrant's other certifying officers and I are responsible for
      establishing and maintaining disclosure controls and procedures (as
      defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we
      have:

      a) designed such disclosure controls and procedures to ensure that
      material information relating to the registrant, including its
      consolidated subsidiaries, is made known to us by others within those
      entities, particularly during the period in which this quarterly report is
      being prepared;

      b) evaluated the effectiveness of the registrant's disclosure controls and
      procedures as of a date within 90 days prior to the filing date of this
      quarterly report (the "Evaluation Date"); and

      c) presented in this quarterly report our conclusions about the
      effectiveness of the disclosure controls and procedures based on our
      evaluation as of the Evaluation Date;

      5. The registrant's other certifying officers and I have disclosed, based
      on our most recent evaluation, to the registrant's auditors and the audit
      committee of registrant's board of directors (or persons performing the
      equivalent function):

      a) all significant deficiencies in the design or operation of internal
      controls which could adversely affect the registrant's ability to record,
      process, summarize and report financial data and have identified for the
      registrant's auditors any material weaknesses in internal controls; and

      b) any fraud, whether or not material, that involves management or other
      employees who have a significant role in the registrant's internal
      controls; and

      6. The registrant's other certifying officers and I have indicated in this
      quarterly report whether or not there were significant changes in internal
      controls or in other factors that could significantly affect internal
      controls subsequent to the date of our most recent evaluation, including
      any corrective actions with regard to significant deficiencies and
      material weaknesses.

      Date April 29, 2003

                                             /s/ Richard Chambers
                                             --------------------
                                           Chief Financial Officer