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To: NOW who wrote (60203)	1/21/2001 10:32:24 PM
From: Step1	Read Replies (1) \| Respond to of 436258

Farmland is usually protected from development by zoning laws rather than subsidies. I think precisely because you cant make a buck farming * it is attractive to sell for developments rather than keep it as a producing asset. Remember that there is also a lot of farmland in the USA that will probably never be developed anyway. Without the subsidies it would just sit idle or as grassland. *(ok that is a very general statement but in light of the size and recurrence of the past subsidies, i think it is mostly true) I am not an expert though and dont claim to be one. Common sense only says that you cant run a business with never ending losses or cant produce below cost for an extended period of time. sg