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 July 29, 2000

                                      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 1-6071

                               RYMER FOODS INC.

                      Incorporated in the State of Delaware
                  IRS Employer Identification No.  36-1343930

                           4600 South Packers Avenue
                                   Suite 400
                            Chicago, Illinois 60609

                                 773/927-7777

 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.

                              Yes   X        No

 APPLICABLE ONLY TO REGISTRANTS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE
 PRECEDING FIVE YEARS:

 Indicate by check mark  whether the registrant has  filed all documents  and
 reports required to be filed  by Section 12, 13  or 15(d) of the  Securities
 Exchange Act of 1934  subsequent to the distribution  of securities under  a
 plan confirmed by a court.

                              Yes   X        No

 Registrant had 4,300,000 shares of common stock outstanding as of  September
 12, 2000.


                   This report consists of 11 pages.

<PAGE>
PART I - FINANCIAL INFORMATION

ITEM 1.  Financial Statements
<TABLE>
                     RYMER FOODS INC.  AND SUBSIDIARIES
                         Consolidated Balance Sheets
                                (Unaudited)

                                               July 29,   October 30,
                ASSETS                           2000        1999
                                                  (in thousands)
                                                -------     -------
<S>                                            <C>         <C>
Current Assets
   Receivables                                 $  2,878    $  2,312
   Inventories                                    4,282       5,070
   Other                                            227         127
                                                -------     -------
         Total Current Assets                     7,387       7,509

Property,  Plant and Equipment:
   Leasehold improvements                         1,038       1,004
   Machinery and equipment                        1,447       1,251
                                                -------     -------
                                                  2,485       2,255
   Less accumulated depreciation
     and amortization                             1,340       1,027
                                                -------     -------
                                                  1,145       1,228
Other                                                24          51
                                                -------     -------
                                               $  8,556    $  8,788
                                                =======     =======

 LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:
   Current portion of borrowings               $      -    $      -
   Accounts payable                               1,082         593
   Accrued liabilities                            1,002       1,625
                                                -------     -------
        Total  Current Liabilities                2,084       2,218

Line of Credit                                    3,742       3,514
Deferred Employee Benefits                          110         119
                                                -------     -------
                                                  5,936       5,851

Commitments and Contingencies                         -           -
Stockholders' Equity:
   Common stock, $0.04 par - 20,000,000
   shares authorized; 4,300,000 shares
   outstanding                                      172         172
   Additional paid-in capital                     4,862       4,862
   Accumulated deficit                           (2,414)     (2,097)
                                                -------     -------
     Total Stockholders' Equity                   2,620       2,937
                                                -------     -------
                                               $  8,556    $  8,788
                                                =======     =======
See accompanying notes.

</TABLE>
                                  2.
<PAGE>
<TABLE>
                      RYMER FOODS INC. AND SUBSIDIARIES
                    Consolidated Statements of Operations
                                (Unaudited)


                           Thirteen Weeks Ended       Thirty-Nine Weeks Ended
                           July 29,    July 31,         July 29,    July 31,
                             2000        1999             2000       1999
                            ------      ------           ------     ------
<S>                        <C>         <C>              <C>        <C>
Net Sales                  $10,340     $10,573          $29,471    $28,810
Cost of Sales                9,595       9,209           26,726     25,448
                            ------      ------           ------     ------
Gross profit                   745       1,364            2,745      3,362

Selling, general and
  administrative expenses      829       1,141            2,781      3,147
                            ------      ------           ------     ------
Operating (loss) income        (84)        223              (36)       215

Interest expense               124          96              341        246
Other (income) expense           -           -                -          1
                            ------      ------           ------     ------
Income (loss)                 (208)        127             (377)       (32)
Tax Benefit                    (20)          -              (60)         -
                            ------      ------           ------     ------
Net income (loss)          $  (188)    $   127          $  (317)   $   (32)
                            ======      ======           ======     ======

Per common share data:

Basic
   Net income (loss)       $ (0.04)    $  0.03          $ (0.07)   $ (0.01)
                            ======      ======           ======     ======
Average Number of Common
   Stock Outstanding         4,300       4,300            4,300      4,300
                            ======      ======           ======     ======

Diluted
   Net income (loss)       $ (0.04)    $  0.03          $ (0.07)   $ (0.01)
                            ======      ======           ======     ======
   Average Number of Common
      Stock Outstanding      4,300       4,722            4,300      4,300
                            ======      ======           ======     ======

See accompanying notes.
</TABLE>
                                  3.
<PAGE>

<TABLE>
                      RYMER FOODS INC. AND SUBSIDIARIES
                     Consolidated Statement of Cash Flows
                                (Unaudited)

                                                     Thirty-Nine Weeks Ended
                                                     July 29,      July 31,
                                                      2000           1999
                                                          (in thousands)
                                                      -------       -------
<S>                                                  <C>           <C>
CASH FLOWS FROM OPERATIONS
  Loss from continuing operations                    $   (317)     $    (32)
  Non-cash adjustments to loss:
    Depreciation and amortization                         313           344
    Provision for bad debts                                 -            49
Net (increase) to accounts receivable                    (566)         (788)
Net decrease (increase) to inventories                    788        (1,681)
Net (increase) decrease to other current
 and long-term asset                                      (73)           11
Net (decrease) increase to accounts payable
 and accrued expense                                     (134)          584
                                                      -------       -------
Net cash flows from operating activities of
 continuing operations                                     11        (1,513)
Net cash flows from operating activities of
 discontinued operations                                   (9)           (6)
                                                      -------       -------
    Net cash flows from operating activities                2        (1,519)

CASH FLOWS FROM INVESTING ACTIVITIES
  Capital expenditures                                   (230)         (150)
                                                      -------       -------
Net cash flows from investing activities                 (230)         (150)

CASH FLOWS FROM FINANCING ACTIVITIES
Repayments under line-of-credit facility              (29,197)      (47,877)
Borrowings under line-of-credit facility               29,425        49,546
                                                      -------       -------
Net cash flows from financing activities                  228         1,669

Net change in cash and cash equivalents                     -             -
Cash and cash equivalents at beginning of year              -             -
                                                      -------       -------
Cash and cash equivalents at end of third quarter    $      -      $      -
                                                      =======       =======
Supplemental cash flow information:
  Interest paid                                      $    341      $    246
                                                      =======       =======
  Income taxes paid, net of refunds                  $      -      $      -
                                                      =======       =======

See accompanying notes
</TABLE>
                                  4.
<PAGE>

                   RYMER FOODS INC. AND SUBSIDIARIES
         Notes to Condensed Consolidated Financial Statements




 1.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

      The accompanying unaudited condensed consolidated financial  statements
      have been prepared  in accordance with  the instructions  to Form  10-Q
      and, therefore, do not include all information and footnotes  necessary
      for a fair presentation of  financial position, results of  operations,
      and  cash  flows  in  conformity  with  accounting principles generally
      accepted in the  United  States  of  America.  The  year-end  condensed
      balance sheet data was derived from  audited financial  statements, but
      does not include  all  disclosures required  by  accounting  principles
      generally  accepted in the  United  States  of  America.   The  Company
      operates  on a  fiscal year which ends on the last Saturday in October.
      References in the following notes to years and quarters are  references
      to fiscal years and fiscal quarters.  For further information refer  to
      the Consolidated Financial Statements and footnotes thereto included in
      Rymer Foods Inc.'s  (the Company's or Rymer's)  Annual Report  on  Form
      10-K for the fiscal year ended October 30, 1999.

      In  management's   opinion,   the  condensed   consolidated   financial
      statements include all normal  recurring adjustments which the  Company
      considers necessary  for a  fair presentation  of the  results for  the
      period.   Operating results  for the  fiscal period  presented  are not
      necessarily indicative  of the  results that  may be  expected for  the
      entire fiscal year.



 2.   INVENTORIES

      Inventories are stated principally at the lower of first-in,  first-out
      cost or market.   The composition of inventories  at July 29, 2000  and
      October 30, 1999 was (in thousands):


                                        July 29, 2000    October 30, 1999
                                             ------            ------
      Raw material                          $ 2,414           $ 3,251
      Finished goods                          1,868             1,819
                                             ------            ------
              Total                         $ 4,282           $ 5,070
                                             ======            ======

                                  5.
<PAGE>

 3.   BORROWINGS

      Current borrowings consist of the following (in thousands):

                                              July 29,       October 30,
                                                2000             1999
                                              -------          -------
           Banks, with interest of 2%
             over prime in 2000 and 1999     $  3,742         $  3,514
           Less current maturities                -                -
                                              -------          -------
                                             $  3,742         $  3,514
                                              =======          =======

      The prime  rate  applicable to  the  Company's outstanding  bank  notes
      payable was 9.5% at July 29, 2000 and  8.25% at October 30, 1999.   The
      weighted average interest rate relating  to these borrowings was  11.4%
      for the first nine months of 2000 and 9.9% during fiscal 1999.

      The Company's Rymer Meat subsidiary had total lines of credit available
      of $4.0 million at July 29, 2000 and $3.8 million at October 30,  1999,
      of which $0.3 million and $0.3 million, respectively, was unused.

      The Company  on April  23,  1998 entered  into  a loan  agreement  with
      FINOVA.  The credit facility provides up to $4 million for the  Company
      through April 23, 2001.   On May 4, 2000  the Company amended its  loan
      agreement with FINOVA that 1) extended  the maturity date to April  23,
      2002, 2) increased the facility by $1.0 million to $5.0 million and  3)
      set up a separate capital expenditure line of credit for $500,000.  The
      FINOVA agreement contains loan  covenants  that  the Company must meet.
      At July 29, 2000  and October 30, 1999,  the Company was in  compliance
      with the loan covenants.

      Substantially all of  the Company's property,  plant and equipment  and
      certain current assets are pledged as collateral under bank agreements.

 4.   INCOME TAXES

      The Company provides for income taxes in accordance with the provisions
      of Statement of Financial Accounting Standards No. 109, "Accounting for
      Income Taxes" (SFAS 109).  The Company's deferred tax asset is  related
      primarily to its operating loss carryforward for tax reporting purposes
      which approximated $21.0 million at July 29, 2000 and October 30, 1999.
      The Company recorded  a  valuation  allowance amounting  to the  entire
      deferred tax asset balance  because the Company's financial  condition,
      its lack of a history of  consistent earnings, possible limitations  on
      the use of carryforwards,  and the expiration dates  of certain of  the
      net operating loss carryforwards give rise to uncertainty as to whether
      the deferred tax  asset is realizable.   Additional restrictions  under
      Section 382  may  apply to  limit  the  amount of  net  operating  loss
      carryforward which can be utilized in the future.

                                  6.

<PAGE>

                  RYMER FOODS INC. AND SUBSIDIARIES


 Cautionary Statement

 The statements in this Form 10-Q,  included in this Management's  Discussion
 and Analysis, that are forward looking  are based upon current  expectations
 and actual results may differ materially.  Therefore, the inclusion of  such
 forward looking information should  not be regarded  as a representation  by
 the  Company  that the objectives or plans  of the Company will be achieved.
 Such statements include, but are not limited to, the Company's  expectations
 regarding the operations and  financial condition of  the Company.   Forward
 looking statements contained in this Form 10-Q included in this  Managements
 Discussion and Analysis, involve numerous risks and uncertainties that could
 cause actual results to differ materially including, but not limited to, the
 effect of changing  economic conditions, business  conditions and growth  in
 the  meat  industry,   the  Company's  ability   to  maintain  its   lending
 arrangements,  or  if  necessary,   access  external  sources  of   capital,
 implementing current restructuring plans and accurately forecasting  capital
 expenditures.  In addition, the Company's  future results of operations  and
 financial condition may be adversely impacted by various factors  including,
 primarily, the level of the Company's  sales.  Certain of these factors  are
 described in  the  description of  the  Company's business,  operations  and
 financial condition contained in  this Form 10-Q.   Assumptions relating  to
 budgeting, marketing, product development and other management decisions are
 subjective in  many respects  and thus  susceptible to  interpretations  and
 periodic revisions based on actual experience and business developments, the
 impact of  which may  cause  the Company  to  alter its  marketing,  capital
 expenditure or  other  budgets,  which may  in  turn  affect  the  Company's
 financial position and results of operations.

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

 General

 The Company's consolidated results from operations are generated by its meat
 processing operation.  The Company's common stock currently trades under the
 symbol RFDS.OB (OTCBB).

 Three quarters  of Fiscal 2000 versus Three quarters of Fiscal 1999

 Consolidated sales for the  three quarters of fiscal  2000 of $29.5  million
 increased from the three quarters of fiscal  1999 by $0.7  million  or 2.4%.
 Sales increased primarily  due to the  Company's expansion  of its  customer
 base.

 As compared to 1999, consolidated cost of sales increased by $1.3 million or
 5.1%.  As  a percentage  of sales,  the gross  margin decreased  to 9.3%  as
 compared to 11.7% in 1999.

 Gross profit declined  due to  higher raw  material prices.   The  Company's
 hourly work force has remained constant from 1999 to 2000.

 Selling, general and administrative expenses  decreased by $366,000 in  2000
 as compared to 1999 due to lower sales related expenses.

 Interest Expense

 Interest expense increased by  $95,000 or 38.6% as  compared to 1999.   This
 increase is due to the Company's higher borrowings, primarily to accommodate
 Company growth and higher prime rate on the Company's line of credit.

 Income Taxes

 In both 2000 and 1999, no provision for income taxes was recorded due to the
 loss from operations.  In 2000 the Company reduced the income tax  liability
 by $60,000 thereby resulting in a tax  benefit for the first nine months  of
 2000.

                                  7.

<PAGE>

 Liquidity and Capital Resources

 The Company  makes sales  primarily on  a seven  to thirty  day balance  due
 basis.  Purchases from suppliers have  payment terms generally ranging  from
 wire transfer at time of shipment to fourteen days.

 The Company  on  April 23,  1998 entered into a  loan agreement with FINOVA.
 The credit facility  provides up  to $4.0  million for  the Company  through
 April 23, 2001.  On May 4, 2000 the Company amended its loan agreement  with
 FINOVA that 1) extended  the maturity date to  April 23, 2002, 2)  increased
 the facility  by $1.0  million to  $5.0 million  and 3)  set up  a  separate
 capital expenditure  line of  credit for  $500,000.   The  FINOVA  agreement
 contains loan covenants that the  Company must meet.   At July 29, 2000  and
 October 30, 1999, the Company was in compliance with the loan covenants.

 The Company had total lines of credit available of $4.0 million at July  29,
 2000 and $3.8 million at  October 30, 1999, of  which $0.3 million and  $0.3
 million, respectively, was unused.  The Company anticipates that the amended
 line  of  credit  will  supply  sufficient   cash  to  meet  the   Company's
 requirements.

 The  Company  anticipates  spending   approximately  $400,000  for   capital
 expenditures  in  2000.    The   expenditures  are  primarily  for   planned
 improvements at  the meat  operation.   There  are no  specific  commitments
 outstanding  related   to  these   planned  expenditures.     Such   capital
 expenditures will be financed mainly from the new capital loan facility.

 Seasonality

 The  quarterly  results  of the  Company are  affected by  seasonal factors.
 Sales are usually lower in the fall and winter.

 Impact of Inflation

 Raw materials are subject  to fluctuations in price.   However, the  Company
 does not  expect  such fluctuations  to  materially impact  its  competitive
 position.

                                  8.
<PAGE>

EXHIBIT 11
<TABLE>
COMPUTATION OF EARNINGS (LOSS) PER SHARE

                                                BASIC                      DILUTED
                                         Thirteen    Thirty-Nine    Thirteen     Thirty-Nine
                                        Weeks Ended  Weeks Ended   Weeks Ended   Weeks Ended
                                          July 29,     July 29,      July 29,      July 29,
                                            2000         2000          2000           2000
                                               (In thousands, except per share amounts)
                                            -----       -----         -----          -----
 AVERAGE SHARES OUTSTANDING
  <S>                                      <C>         <C>           <C>            <C>
  1    Average shares outstanding           4,300       4,300         4,300          4,300
  2    Net additional shares outstanding
       assuming exercise of stock options*      -           -             -              -
                                            -----       -----         -----          -----
  3    Average number of common shares
       outstanding                          4,300       4,300         4,300          4,300
                                            =====       =====         =====          =====

EARNINGS (LOSSES)
  4   Income (loss) from continuing
      operations                           $ (208)     $ (377)       $ (208)        $ (377)
                                            =====       =====         =====          =====
  5   Net income (loss)                    $ (188)     $ (317)       $ (188)        $ (317)
                                            =====       =====         =====          =====
PER SHARE AMOUNTS

      Loss from continuing operations
      (line 4 / line 3)                    $(0.05)     $(0.09)       $(0.05)        $(0.09)
                                            =====       =====         =====          =====
      Net income (loss)
      (line 5 / line 3)                    $(0.04)     $(0.07)       $(0.04)        $(0.07)
                                            =====       =====         =====          =====



NOTE:  Earnings per share have been calculated using the treasury stock method.   Since there
       is a net loss for the thirteen weeks and the thirty-nine weeks ending  July  29,  2000
       common stock equivalents are excluded from the diluted earnings per share calculations
       since they would be antidilutive.
</TABLE>
                                  9.
<PAGE>

                 RYMER FOODS INC. AND SUBSIDIARIES
                    PART II - OTHER INFORMATION



  Item 6.  Exhibits and Reports on Form 8-K

    (a)    Exhibits filed:

    11     Computations of earnings per share  are included in  the Notes
           to  Condensed  Consolidated  Financial  Statements included in
           Item 1 of this Form 10-Q.

           Exhibits incorporated by reference:

    13.1   Annual Report on Form 10-K of Rymer Foods Inc.  for the fiscal
           year ended October 30, 1999 (incorporated by reference).


    21.1   Subsidiaries of  the Company.  (Incorporated by reference  to
           Exhibit 22 to the Annual Report of  Form 10-K of  Rymer Foods
           Inc. for the fiscal year ended October 30, 1999.)

    27     Financial Data Schedule (EDGAR filing)

    (b)    Reports on Form 8-K:
           The Company filed  a Report on Form 8-K  dated June 22, 2000,
           which  was  ammended  on  July 6, 2000, wherein  the  Company
           reported information under Item 6 Resignation of Registrant's
           Director's.



                                 10.

<PAGE>

                         RYMER FOODS INC.
                             SIGNATURE


  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.

                                        RYMER FOODS INC.
                                        (Registrant)


                                         By  /s/  Paul D. Conti
                                         ------------------------
                                         Paul D. Conti, President


  Date:  September 12, 2000



                                 11.