This sections contains resources that have been put at your disposal to help to prepare for uncertainty.
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Managing the impact on global supply chains
This webinar covers: - How EDC is monitoring the impact of the virus and its effect on global supply chains - How the virus outbreak will impact the global economy and which countries will be most affected - How to protect your company against the risk of not getting paid if your suppliers or customers don’t pay - How to get more working capital from your bankAccess Webinar
COVID-19 disruptions bring opportunities and challenges to food supply chain
The Canadian economy has been under a lot of stress. The first quarter Gross Domestic Product declined by 8.2% YoY, and the unemployment rate reached 13% in April. And there’s likely more negative economic data coming in the second quarter and household income will be pressured.Read Article
The AgriRecovery Framework is part of a suite of federal-provincial-territorial (FPT) Business Risk Management (BRM) tools under the Canadian Agricultural Partnership. AgriRecovery is an FPT disaster relief framework intended to work together with the core BRM programs to help agricultural producers recover from natural disasters. The core BRM programs are, in part, designed to help producers deal with the income and production losses they experience when disasters occur. AgriRecovery cannot duplicate or replace the assistance provided by these programs.Visit Site
A Guide for Direct Sales to Consumers During COVID-19 and Beyond
During these unprecedented times, the Ontario Federation of Agriculture (OFA) recognizes that it is not ‘business as usual’. We hope to provide some support and guidance to help you continue to market and sell your agricultural products.Open PDF
Certificate Course in COVID-19 and the Economics of World food and Agriculture
This timely certificate course was designed to help participants to process and interpret all of that information through the lens of agricultural economics. Drawing upon information from around the world, we considered the links between COVID-19 and our agri-food system, both the direct links between the disease and the food system, and the indirect links between our risk management behavior and the food system.Visit Site
Did COVID-19 disrupt trends in Canada ag and food trade?
The economic impacts of the COVID-19 pandemic extend to all sectors of the economy. For ag and food trade, the long-term effects could be important as the COVID-19 pandemic has exemplified the fragility of food supplies that depend on imports. In response, several countries are developing their ag and food sectors to become more self-reliant.Read Article
Establishing a Floor Price by Buying Put Options Video
This video explain the basics behind the many risk management strategies available that offer price protection for short hedgers involved in producing or selling grain and oilseed products. Farmers, merchandisers, grain elevators and exporters understand the impact that a decline in prices could have on their business. It is important that they at least familiarize themselves with various alternatives for mitigating this risk and protecting their bottom line.View Video
Business Risk Management Programs
Business risk management (BRM) programs help farmers manage risks that threaten the viability of the farm. They provide protection against different types of income and production losses.Visit Site
COVID-19 Financial support for farmers and food processors
A list of financial support resources from Agriculture and Agri-Food Canada during the COVID-19 pandemicVisit Site