Business / Agriculture / Acreage Allotment
Acreage Allotment: Under provisions of permanent commodity price support law, a farmís acreage allotment is its share, based on its previous production, of the national acreage needed to produce sufficient sup . . . View Full Definition
Allotment: A certain number of rooms, cabins or other items held by an operator to sell, usually by a certain date.
Normal Crop Acreage: The acreage on a farm normally devoted to a group of designated crops. When a set-aside program is in effect, a participating farmís total planted acreage of such designated crops plus set-a . . . View Full Definition
National Farm Program Acreage: The number of harvested acres of feed grains, wheat, and cotton needed nationally to meet domestic and export use and to accomplish any desired increase or decrease in carryover levels. The . . . View Full Definition