@ECHO OFF
for /F "tokens=2-4" %%a in (%1) DO ( echo %%a %%b %%c )
took me a long time to find out that %%a %%b %%c .... [%%z] refer to subsequent colums in a text file.
So this example will extract the 2nd, 3rd and 4th column (word) from a textfile (%1).