By Erin Lingo | Program Associate
Upcoming Spring Webinar
We’re kicking off the season with a look at seafood in our upcoming free webinar on Thursday, April 17 3:30-4:45pm EST, Net Value: An Innovative Approach to the Seafood Supply Chain. Register now!
As a fisherman, business as usual means heading out to sea, battling the elements, catching as much as you can, and heading back inland to sell what you caught on auction. You do not know what will sell, and you do not know what price it will fetch. As an institutional, retail or other mid-scale buyer you are also at the mercy of the auction. Budgeting is difficult, and there is generally no means to assure that the fish you are buying has the attributes you value, such as being sustainably caught, allowable bycatch, etc.
Open Ocean Trading created an innovative online marketplace, called FYSH-X, that allows buyers and sellers to trade commercially harvested and farmed seafood products in forward time. This value chain approach means that fishermen can leave the docks secure in the profitability of their trips by locking into a price and selling all or a portion of a catch in advance. And buyers are empowered by having prices they can budget for, and by being able to negotiate directly with vessels for any attributes that are important to them.
In this webinar we'll hear the history and context of the fish trading business, and how the Open Ocean Trading marketplace works. We'll also have a fisherman and a buyer speak from their perspectives about how FYSH-X has changed their businesses. And as always, we'll have lots of time for your questions to be answered.
2014 National Food Hub Conference: Building Capacity for Healthy Regional Food Systems
Last month, the Wallace Center and the NGFN Food Hub Collaboration hosted the National Food Hub Conference in Raleigh, North Carolina. Over 400 food hub managers and staff, government and public agencies, representatives from and partner organizations, technical assistance providers, and funders gathered in Raleigh from 48 states for almost 40 workshops and “nuts and bolts” trainings, networking opportunities, peer-to-peer learning, and so much more! Many local food hubs and partner organizations hosted site visits, 11 local farms and 2 food hubs provided delicious food, and participants enjoyed plenaries with state and federal-level government and nonprofit representatives, including Mike Taylor (Deputy Commissioner for Foods at FDA), Dr. Jill Long Thompson (Chair and CEO of the Farm Credit Administration), and Doug O’Brien (Deputy Under Secretary for USDA Rural Development).
Session descriptions are posted (http://ngfn.org/hubs2014), and we are adding sound recordings and slides as they are available.
Check out our archived webinars:
Build, Prepare, Invest: Assessing Food Hub Businesses for Investment Readiness
Whether you are an investor considering making an investment in food hubs, a food hub operator preparing for an investment, or a policymaker looking to better understand the food hub sector, Wholesome Wave’s Food Hub Business Assessment Toolkit provides you with the tools to evaluate a food hub business’ readiness for investment.
In this webinar, we introduce the Food Hub Business Assessment Toolkit, which provides a framework for assessing the strengths and weaknesses of food hubs in the areas of business model and strategy, impact potential, market overview, marketing and sales, operations, organization and management, risk mitigation, technology and systems, and finance. The webinar provides an overview of the business assessment process and explore certain areas in depth, presenting Farm Fresh Rhode Island as a case study.
Wholesome Wave’s Healthy Food Commerce Investments division directs capital and business development assistance to food hubs in order to expand the channels for local food so farms can more reliably, safely, and efficiently sell product within their region to wholesale buyers and institutions like hospitals, schools, and large dining outlets.
Food Banks as Regional "Good Food" Partners
As we look to scale up the amount of healthy, fair and sustainable local and regional food in our food system, it becomes increasingly important to have storage and delivery mechanisms capable of getting the food to consumers. This infrastructure is very expensive, and the logistics required for efficient use of the resources is very complex.
Food banks across the country have trucks and warehouse space, including cold storage, and have been solving the logistics problem for decades, however traditionally with commodity food, often processed. This is beginning to change.
Several food banks across the country are acutely aware of the benefits of fresh, local food to their consumers, and their community, and are leveraging their resources to support local/regional food systems in innovative ways. Presentations from FoodLink in New York, the Sacramento Food Bank and the Sacramento Area Council of Governments.
Assessment Tools for Improving Farmer Financial Skills
Farming is a business, but many farmers are not familiar with many of the tools available to manage their farm finances. The first crucial step to intelligent financial decisions is assessing your current situation, and understanding your historical trends.
This webinar focuses on three assessment-centered tools and programs. First, a tool for farmer trainers themselves - to assess the strengths of the trainer’s knowledge as well as assess students’ knowledge at the outset and their subsequent progress. Second, how Annie's Project, a highly successful program for women farmers, integrates such an assessment tool as a part of the curriculum. And third, an entry level training tool that walks farmers through farm business cash flow analysis in an approachable way.
Assessment is not the end goal of beginning farmer training. However, assessment is fundamental to the success of financial skills education by providing a measurable feedback loop for improvement, adjustment, and documentation of effectiveness.
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