{"id":86983,"date":"2024-05-17T10:27:16","date_gmt":"2024-05-17T14:27:16","guid":{"rendered":""},"modified":"2024-10-24T10:34:43","modified_gmt":"2024-10-24T14:34:43","slug":"forces-of-change-in-canadas-food-supply-chain","status":"publish","type":"rbc_my_money_matter","link":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/right-sized-business-advice\/commercial\/forces-of-change-in-canadas-food-supply-chain\/","title":{"rendered":"Forces of Change in Canada\u2019s Food Supply Chain"},"content":{"rendered":"<div class=\"wp-block-rbc-single-article-header\">\n\t<section class=\"section-grey cover pad-t-hlf\">\n\t\t<div class=\"section-inner w-half w-mob-full centered-margin cover section-grey pad-tb-0\">\n\t\t\t\t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/supply-chain\/\">\n\t\t\t\t\t\t\t<span>Supply Chain<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<h1 class=\"mar-b-hlf mar-t-0 mob-pad-lr-hlf h2 has-black-color\">Forces of Change in Canada\u2019s Food Supply Chain<\/h1><p class=\"mar-b-0 mob-pad-lr-hlf author-text\">By RBC<\/p>\t\t\t\t\t<div class=\"featured-image-wrapper pos-rel\">\n\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/05\/iStock-1531195825.jpg?quality=80\" class=\" cover-image  wp-post-image\" alt=\"Ripe fresh vegetables, organic seasonal vegetables background, autumn farm harvest, top view\" srcset=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/05\/iStock-1531195825.jpg 2121w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/05\/iStock-1531195825.jpg?resize=300,200 300w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/05\/iStock-1531195825.jpg?resize=768,512 768w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/05\/iStock-1531195825.jpg?resize=1024,683 1024w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/05\/iStock-1531195825.jpg?resize=1536,1024 1536w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2024\/05\/iStock-1531195825.jpg?resize=2048,1365 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t<\/section>\n\t<div class=\"article mar-t-dbl\">\n\t\t\t\t<section>\n\t\t\t<div class=\"section-inner socials-section\">\n\t\t\t\t<div class=\"top-socials-bar mob-mar-b-hlf\">    <div class=\"social-links mob-mar-b-hlf mob-mar-t-hlf\">\n            <a class=\"social-button-wrapper sharing-custom sharing-email\" href=\"mailto:?subject=Forces of Change in Canada\u2019s Food Supply Chain &#038;body=Hi, I thought you might be interested in this article from RBC My Money Matters: https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/right-sized-business-advice\/commercial\/forces-of-change-in-canadas-food-supply-chain\/\">\n        <img decoding=\"async\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-email.svg\"\n          alt=\"envelope icon\">\n        <span>\n          Email        <\/span>\n      <\/a>\n      <div class=\"social-button-wrapper sharing-copy-wrapper\">\n        <button class=\"sharing-custom sharing-copy\" data-url=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/right-sized-business-advice\/commercial\/forces-of-change-in-canadas-food-supply-chain\/\">\n          <img decoding=\"async\"\n            src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-related.svg\"\n            alt=\"copy icon\">\n          <span id=\"sharing-copyUrl-Label\">\n            Copy URL          <\/span>\n        <\/button>\n        <input type=\"text\" class=\"sharing-copy-text\" aria-labelledby=\"sharing-copyUrl-Label\">\n      <\/div>\n    <\/div>\n  <\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section>\n\t\t\t<div class=\"section-inner w-half w-mob-full centered-margin pad-tb-0 mob-mar-t-hlf mob-mar-b\">\n\t\t\t\t<p class=\"cover-pub-line text-xs mar-b-hlf\">Published May 17, 2024 \u2022 7 Min Read<\/p>\t\t\t<\/div>\n\t\t<\/section>\n\t<\/div>\n<\/div>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner w-half w-mob-full\" style=\"border-radius:0x\">\n<p><strong>Even though there are a number of forces driving the current instability we\u2019re seeing in the global food supply chain, there are things business leaders can be doing now to remain resilient in the face of unpredictable economic times.<\/strong><\/p>\n\n\n\n<p>What do businesses involved in the world of food need more of to navigate the current challenges facing food supply chains on a global level? A lot of support, say Terri Lang and Andrew McLauchlin \u2013 both senior commercial markets directors focused on the supply chain at RBC. They agree there are a number of forces driving the current instability we\u2019re seeing in the global food supply chain and add there are a number of things business leaders can be doing now to remain resilient in the face of unpredictable economic times.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The biggest trends impacting the food supply chain right now<\/h2>\n\n\n\n<p>As a recent report from RBC Emerging Markets Equity Team highlighted, there are several forces driving food consumption and demand on a global level.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">1) Climate change<\/h3>\n\n\n\n<p>The United Nations has warned of an impending food crisis where the challenges facing agriculture and food systems are so stark that to continue with \u2018business as usual\u2019 is not an option.&nbsp;Resources are over-stretched and arable land is becoming scarce. If, as estimated, food demand increases by over 50 per cent between 2020 and 2050, food systems will have to undergo significant changes because the current methods are not sustainable.<\/p>\n\n\n\n<p>This is forcing organizations, which is good in the long-term but difficult in the short, to innovate and find new ways to produce and package goods.<\/p>\n\n\n\n<p>\u201cFood is the most complicated business to be in \u2013 everyone needs it, everyone wants it \u2013 but no one thinks about what it takes to grow it in a sustainable way. To innovate requires more than just implementing new technology \u2013 it requires investigating new ways of doing things that also align with national food and safety regulations,\u201d says Lang. \u201cAnd that can be a challenge, especially as we can\u2019t predict when weather events will harm food supplies.\u201d<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2) Concerns about food safety and traceability<\/h3>\n\n\n\n<p>There is a growing need for companies to know where they\u2019re getting their products from, how they\u2019re being made, who\u2019s making them, and who\u2019s distributing them. This is part of the larger move to have leaders develop sustainable ESG strategies for their businesses.<\/p>\n\n\n\n<p>In many cases, governments are even starting to enact laws that will force companies to show the items they\u2019re importing meet national standards and regulations and aren\u2019t tied to illegal practices.<\/p>\n\n\n\n<p>\u201cAs ESG awareness and requirements become more commonplace, food and beverage companies are feeling the effects, if not directly then through their connection to some of the larger players and retailers,\u201d says McLauchlin. \u201cOne notable example is food waste, which is a major issue within the industry and one that continues to get more and more attention.\u201d<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3) Shifts in preferences<\/h3>\n\n\n\n<p>This growing concern about food waste is tied to the larger issue of sustainability and the increasing demand by consumers to spend their money on items from companies that invest in sustainable food practices.<\/p>\n\n\n\n<p>\u201cSustainability is a big issue for consumers right now, and it\u2019s impacting the products they\u2019ll buy and how much they\u2019ll spend on something,\u201d Lang says. \u201cPeople don\u2019t want things in plastic, for example, they want it packaged in a material that won\u2019t contribute to the climate crisis. What that means is, suddenly, manufacturers need to find new packaging suppliers to ship their goods in.\u201d<\/p>\n\n\n\n<p>McLauchlin adds: \u201cShifting consumer preferences can have a large impact on a company\u2019s performance as they look for ways to drive growth. The challenge is that there is often limited visibility into the level of demand or the sustainability of that demand and so it\u2019s important that these types of investment decisions are well thought out.\u201d<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4) Challenging economic landscape<\/h3>\n\n\n\n<p>It will come as no surprise to anyone that the overall economy \u2013 and the cost-of-living crisis \u2013 is changing the way people are buying foods and food-based products, says Lang. A few years ago, she says a store like Whole Foods would have seen high volume of foot traffic, but now more and more folks are visiting outposts like No Frills or Food Basics.<\/p>\n\n\n\n<p>\u201cWe\u2019re starting to see the companies that own these \u2018low-cost grocery stores\u2019 working with suppliers to see if they can offer things at a lower cost. There\u2019s a downward cost on everything,\u201d she notes.<\/p>\n\n\n\n<p>Organizations are also being forced to source cheaper ingredients to use in their products.<\/p>\n\n\n\n<p>\u201cGiven the number of ingredients that are present in most food and beverage products it is only natural that these companies have to look outside their borders to source the raw materials that they need,\u201d says McLauchlin. \u201cThe challenge with this is that it exposes them to foreign exchange volatility.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How companies can respond<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">First: educate and assess<\/h3>\n\n\n\n<p>The first step to ensuring an organization can weather some of these global supply chain challenges, is to ensure leaders are educated on the issues mentioned above, so they can better understand the liabilities attached to not complying with evolving standards or consumer preferences.<\/p>\n\n\n\n<p>\u201cIf you aren\u2019t being impacted by all of these issues, you will be,\u201d notes Lang. \u201cThat may not happen overnight, but it\u2019s going to happen. Leaders need to determine where\u2019s crawl, where\u2019s walk, where\u2019s run, so you can demonstrate you\u2019re responding to market trends.\u201d<\/p>\n\n\n\n<p>She says working with someone with expertise in what\u2019s happening within the global supply chain will help. Partnering with experts like Lang and McLauchlin can also help organizations assess the risks their businesses face and help them figure out where to focus their efforts and what to prioritize.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Second: investigate alternate suppliers<\/h3>\n\n\n\n<p>The <a href=\"https:\/\/www.tradecluballiance.com\/\" target=\"_blank\" data-dig-id=\"LP-86983-c9f0d1d6\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Trade Club Alliance\" rel=\"noreferrer noopener\" class=\"rbc-link-format\">Trade Club Alliance<\/a>&nbsp;(TCA) is a great example of a resource that businesses in the food sector can use to investigate alternative suppliers should their relationship with one get upended.<\/p>\n\n\n\n<p>The organization was born out of the need to equip businesses with information needed to overcome obstacles they may face. The Alliance offers an innovative digital platform that gives members the opportunity to connect with trusted partners in new markets while nurturing growth through human relationships.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.linkedin.com\/company\/the-trade-club-alliance\/\" target=\"_blank\" data-dig-id=\"LP-86983-cb62ebe3\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Since its inception in 2015\" rel=\"noreferrer noopener\" class=\"rbc-link-format\">Since its inception in 2015<\/a>, the TCA has grown to cover over 65% of global trade corridors, accounting for 79% of the world\u2019s GDP (and it\u2019s still expanding!) and has created nearly 300,000 business opportunities for its 23,800-plus members in over 40 countries.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Third: manage liquidity and risk<\/h3>\n\n\n\n<p>\u201cIn times of uncertainty it becomes increasingly important to ensure you have a well-capitalized balance sheet with sufficient liquidity to manage [shifting costs],\u201d notes McLauchlin. \u201cAs we\u2019ve seen over the last few years, the economic landscape can change very quickly and directionally it can be hard to predict. This reality emphasizes the need for a company to ensure they\u2019re properly positioned for change, be it positive or negative, so they\u2019re not overburdened with debt and have access to sufficient liquidity to execute their strategy is paramount.\u201d<\/p>\n\n\n\n<p>He adds that where possible, companies should be encouraged to find natural hedges when it comes to foreign exchange exposure. \u201cThis isn\u2019t always manageable, so it\u2019s important for companies to understand their level of exposure and have a plan to mitigate volatility. A prudent foreign exchange strategy isn\u2019t about always coming out ahead, but rather ensuring an organization is comfortable with the level of risk they\u2019re exposed to.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Moving forward<\/h2>\n\n\n\n<p>Both Lang and McLauchlin note the challenges and trends impacting the global food supply chain are ever evolving, so it\u2019s on businesses to ensure they can respond with agility and resilience to any new pressures they may face. Getting ahead of things with the right partner is critical.<\/p>\n\n\n\n<p>\u201cPartners, like our team at RBC, can help you understand what\u2019s happening in the context of the market, why things are happening now, and how to respond,\u201d Lang says. \u201cWe don\u2019t expect any of the pressures listed above to go anywhere anytime soon. Our ultimate goal is to continue to help business navigate the complex challenges facing them and to assist them in building a strong foundation today so they can remain successful tomorrow.\u201d<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-rbc-rbc-default-collapsible\"><p><button class=\"collapse-toggle collapsed\" data-target=\"#collapse834a1009\" data-toggle=\"collapse\" aria-expanded=\"false\" aria-controls=\"collapse834a1009\" data-dig-id=\"LP-57738-834a1009\" data-dig-category=\"LP\" data-dig-action=\"accordion closed\" action-closed=\"accordion closed\" action-opened=\"accordion open\" data-dig-label=\"Things our lawyers want you to know\"><span>Things our lawyers want you to know<\/span><span>Things our lawyers want you to know<\/span><\/button><\/p><div class=\"collapse-content collapse\" id=\"collapse834a1009\">\n<div class=\"wp-block-rbc-collapsible-inner-block collapse-inner\">\n<p>This article is intended as general information only and is not to be relied upon as constituting legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. Information presented is believed to be factual and up-to-date but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or any of its affiliates.<\/p>\n<\/div>\n<\/div><\/div>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-978ee808-9282-4360-8e4f-9f74fad49c56\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<p class=\"has-text-align-center h5 mar-b\"><strong>Share This Article<\/strong><\/p>\n\n\n\n\t\t<div class=\"socials-block\">\n\t\t\t    <div class=\"social-links mob-mar-b-hlf mob-mar-t-hlf\">\n            <a class=\"social-button-wrapper sharing-custom sharing-email\" href=\"mailto:?subject=Forces of Change in Canada\u2019s Food Supply Chain &#038;body=Hi, I thought you might be interested in this article from RBC My Money Matters: https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/right-sized-business-advice\/commercial\/forces-of-change-in-canadas-food-supply-chain\/\">\n        <img decoding=\"async\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-email.svg\"\n          alt=\"envelope icon\">\n        <span>\n          Email        <\/span>\n      <\/a>\n      <div class=\"social-button-wrapper sharing-copy-wrapper\">\n        <button class=\"sharing-custom sharing-copy\" data-url=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/right-sized-business-advice\/commercial\/forces-of-change-in-canadas-food-supply-chain\/\">\n          <img decoding=\"async\"\n            src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-related.svg\"\n            alt=\"copy icon\">\n          <span id=\"sharing-copyUrl-Label\">\n            Copy URL          <\/span>\n        <\/button>\n        <input type=\"text\" class=\"sharing-copy-text\" aria-labelledby=\"sharing-copyUrl-Label\">\n      <\/div>\n    <\/div>\n  \t\t<\/div>\n\n\t\t\n\n\t\n\t<div class=\"wp-block-tk-spacer id-ef7498a8-2eb1-4521-b823-be6e0130e346\" aria-hidden=\"true\"><\/div>\n\t\n\n\n\t\t\t<div class=\"wp-block-rbc-single-post-topics related-topics-links\">\n\t\t\t\t<p class=\"h5 mar-r-hlf\">Topics:<\/p>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/commercial-insights\/\" class=\"btn topic mar-t-0 mar-r-qtr mar-b-hlf\">Commercial Insights<\/a>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/supply-chain\/\" class=\"btn topic mar-t-0 mar-r-qtr mar-b-hlf\">Supply Chain<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel mob-pad-t-dbl\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<h2 class=\"wp-block-heading mar-b mob-mar-b-dbl mar-t-0\" id=\"h-read-this-next\">Read This Next<\/h2>\n\n\n\t\t\t<div class=\"related-posts-type-2\">\n\t\t\t\t<div class=\"related-post-list\">\n\t\t\t\t\t<ul class=\"grid-wpr eh-wpr\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class= 'grid-one-third grid-tb-full grid-mob-full mar-b'>\n\t\t\t\t\t\t\t\t\t\t<article class=\"col-wpr mar-b-0 mar-r-0 mar-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"postcard-img-ctr post-card-image col-md-12 col-xs-6 mob-mar-b-0 pad-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/04\/iStock-970237950.jpg?quality=80&amp;w=1024\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"People in warehouse\" srcset=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/04\/iStock-970237950.jpg 2120w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/04\/iStock-970237950.jpg?resize=300,200 300w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/04\/iStock-970237950.jpg?resize=768,513 768w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/04\/iStock-970237950.jpg?resize=1024,683 1024w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/04\/iStock-970237950.jpg?resize=1536,1025 1536w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/04\/iStock-970237950.jpg?resize=2048,1367 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"card-details mob-mar-b-0 mob-mar-t-0 pad-r-0 col-md-12 col-xs-6\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"primary-taxonomy primary-link\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/business\/managing-your-business\/business-financing-and-funding\/\">\n\t\t\t\t\t\tBusiness Financing &amp; 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Business?<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class= 'grid-one-third grid-tb-full grid-mob-full mar-b'>\n\t\t\t\t\t\t\t\t\t\t<article class=\"col-wpr mar-b-0 mar-r-0 mar-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"postcard-img-ctr post-card-image col-md-12 col-xs-6 mob-mar-b-0 pad-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/An-employee-writes-a-business-cheque-at-her-desk.jpg?quality=80&amp;w=1024\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"An employee writes a business cheque at her desk.\" srcset=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/An-employee-writes-a-business-cheque-at-her-desk.jpg 3864w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/An-employee-writes-a-business-cheque-at-her-desk.jpg?resize=300,200 300w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/An-employee-writes-a-business-cheque-at-her-desk.jpg?resize=768,512 768w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/An-employee-writes-a-business-cheque-at-her-desk.jpg?resize=1024,683 1024w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/An-employee-writes-a-business-cheque-at-her-desk.jpg?resize=1536,1024 1536w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/An-employee-writes-a-business-cheque-at-her-desk.jpg?resize=2048,1365 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"card-details mob-mar-b-0 mob-mar-t-0 pad-r-0 col-md-12 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A lot of support and guidance. Here we delve into the biggest trends impacting the food supply chain right now.  <\/p>\n","protected":false},"author":80,"featured_media":86989,"parent":57338,"menu_order":0,"template":"","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"tags":[574,558],"rbc_content_type":[31],"rbc_audience":[110],"rbc_lob_group":[35],"rbc_difficulty_level":[70],"rbc_mmm_category":[305,391,326],"class_list":["post-86983","rbc_my_money_matter","type-rbc_my_money_matter","status-publish","has-post-thumbnail","hentry","tag-commercial-insights","tag-supply-chain","rbc_content_type-article","rbc_audience-business-owners","rbc_lob_group-business","rbc_difficulty_level-intermediate","rbc_mmm_category-business","rbc_mmm_category-commercial","rbc_mmm_category-right-sized-business-advice"],"acf":{"contently_publication_id":"","custom_author":"RBC","rbc_video_header":"","rbc_media_duration":"","rbc_toc_for_mmm_tag":"h2","rbc_toc_for_mmm_limit":6,"rbc_toc_for_mmm":null,"rbc_toc_for_mmm_action":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<meta name=\"description\" content=\"What do businesses involved in the world of food need more of to navigate the current challenges facing food supply chains on a global level? 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