Business / Agriculture / Allotment: In conjunction with commodity support programs, acreage allotments and marketing quotas serve to limit a farm’s output or volume marketed. For federal lands grazing, an allotment is an area designated and managed for grazing of livestock. The Bureau of Land Management and the Forest Service stipulate the number of livestock and time period (season) of use for each allotment under their respective jurisdictions.
Allotment Noun Synonyms: share, apportionment, ration, portion, quota, allowance, measure
Business / Agriculture / Acreage Allotment: 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 MORE
Business / Agriculture / Marketing Quotas (Or Allotments): Authorized by the Agricultural Adjustment Act of 1938, these quotas (sometimes called poundage quotas) limit marketings of certain commodities. The marketing quota, which must be approved by at least MORE
Business / Agriculture / Soil Conservation And Domestic Allotment Act Of 1936: P.L. 74-46 (February 26, 1936) was designed to support farm income by making soil-conservation and soil-building payments to participating farmers. This design overcame the unconstitutional taxes on p MORE