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TeachMeFinance.com - explain Acreage allotment Acreage allotment The term 'Acreage allotment ' as it applies to the area of agriculture can be 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'. Previous 5 Terms: Acquisition costs, mineral rights ACR ACR Acre Acre (ac) Next 5 Terms: Acreage base (or base acres) Acreage conservation reserve Acreage diversion programs Acreage limitation Acreage Reduction Program (ARP) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.