TeachMeFinance.com - explain Acreage limitation
Acreage limitation The term 'Acreage limitation ' as it applies to the area of agriculture can be defined as ' With respect to commodity policy, acreage limitation might refer to planting constraints under an acreage reduction program, set-aside, or paid land diversion. In relation to water policy, it is the maximum number of acres that may be irrigated with less than full-cost water from Bureau of Reclamation projects. Generally, the acreage limitation for individuals or legal entities representing 25 people or fewer is 960 acres; however, amounts vary depending on a landowner’s legal status. Also referred to as ownership limitation, ownership entitlement, or non-full-cost entitlement'.
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