Prince Edward Island: Opportunities for cash crop and dairy
March 24, 2016, 3:45 p.m.
Interfarms consultant Marianna Westerkamp sees good opportunities in Prince Edward Island (PEI).
The favorable land prices are between 3,500 and 4,000 dollars (about € 2390 and € 2730) p / acre. Last year, the production of potatoes was good, and we see that the cultivation of soybeans is also getting better. PEI has a strong trade with China, for among others soybeans and honey. The dairy sector is characterized as a strong market, milk prices currently range between CAD 0.77 and 0.80 cts / ltr.