TeachMeFinance.com - explain Allotment
Allotment The term 'Allotment ' as it applies to the area of agriculture can be defined as ' In conjunction with commodity support programs, acreage allotments and marketing quotas serve to limit a farmís 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'.
About the author
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.