acreage allotment
Within the context of
agriculture,
acreage allotment is defined as:
Under provisions of permanent commodity price support law, a farm's acreage allotment is its share, based on its previous production, of the national acreage needed to produce sufficient supplies of a particular crop. Under the FAIR Act of 1996, acreage allotments are not applicable to the contract commodities, peanuts or sugar. However, acreage allotments still apply to tobacco.
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