It's all gravy for P.E.I. potato industry
High prices will put millions of dollars into the province's economy, potato board says
The Prince Edward Island potato board says the high price for potatoes will put millions of extra dollars into the provincial economy this winter.
Prices were a big topic of conversation when growers met in Charlottetown for the board's annual meeting this week.
But prices vary depending on which varieties are grown.
"Prices are up considerable," said potato farmer Alex Docherty, who is also the board president.
'It'll all get spent'
"A penny a pound brings nine million more dollars so some varieties are up five, some are up eight cents. Well do the math, it's 75 million coming into the economy of P.E.I. just in the potato industry alone … and you know what'll happen with that, it'll all get spent."
The potato harvest is now complete. Good weather contributed to high yields this year across the Island, Docherty said.
- MORE P.E.I. NEWS | Mixed motions: Premier, Green leader spar over electoral reform proposals
- MORE P.E.I. NEWS | P.E.I. choral group Sirens planning bigger concerts
With files from Jessica Doria-Brown