U of G Agricultural Economics Students Tackle Food Price Challenges in New Industry-Focused Course.
U of G masters students provided key insights on food price dynamics and supply chain challenges to the Chief Economist of the Government of Ontario’s Ministry of Agriculture, Food and Agribusiness through a unique master’s level consultancy course in the Ontario Agricultural College. The course helped build students’ professional and technical skills while helping inform key agri-food policymakers.
Food prices in Ontario have risen steadily, prompting questions about how costs are distributed across the supply chain. While higher retail prices affect consumers, many producers report that their income has remained stagnant—or even decreased—despite rising production costs. To uncover the factors behind this disparity, students within the U of G’s Master’s in Food, Agricultural and Resource Economics (MFARE) program consulted with the Government of Ontario’s Ministry of Agriculture, Food and Agribusiness (OMAFA) to help find answers.
As part of the Consulting Project Course, MFARE students conducted a comprehensive analysis of farm-to-retail price spreads for agricultural commodities. Their analysis provided OMAFA with critical insights into a topic that has drawn significant attention from consumers, media, and policymakers alike.
Using USDA pricing methods, the students analyzed data from diverse sources, including farm associations and retail statistics. Their findings highlighted the complexities of Ontario’s agricultural supply chain and provided valuable recommendations for balancing the needs of producers, retailers, and consumers.
“We developed a comprehensive database to analyze price differences between agricultural and retail sectors, which uncovered key factors driving food price volatility,” said MFARE student David Quecan.
This course is a unique learning experience, allowing the students to connect theoretical knowledge with practical application, giving them a deeper understanding of how the agri-food systems work in Ontario.
“This insight is vital for policymakers and industry leaders to address fluctuations from COVID-19, supply chain disruptions, and inflation, particularly in Ontario,” added Quecan. “Balancing local production and international trade is essential for food affordability and accessibility.”
The MFARE students worked with Stephen Duff, OMAFA’s Chief Economist, to analyze food price dynamics and pricing trends in Ontario and U.S. states like New York and Michigan.
“The MFARE student project offers valuable economic insights into Ontario farm and retail food prices that will benefit the public, the sector and the Ministry,” says Stephen Duff. “Importantly the project provides a foundational model for future work on this subject for agricultural economists across the sector.”
Experiential Learning at the Forefront
This consultancy course is just one example of how OAC course-based master’s programs bridge academic learning with professional practice. From consultancy projects to internships with industry and government partners, these hands-on experiences provide students with the chance to apply their knowledge in real-world settings and build the skills needed to thrive in the agri-food sector.
The course also provides important professional development skills and the ability to connect directly with hiring organizations.
“As an international student, this consultancy project was a unique learning experience as it deepened my understanding of Canada’s agricultural systems,” added Quecan. “I enhanced my problem-solving, adaptability, and communication skills while gaining insights into the complexities of policy design and the collaborative dynamics of the agricultural sector.”
Hailing from Colombia, Quecan appreciated the communication abilities and confidence he gained through this course. “This project helped me overcome the fear of presenting in public, particularly in a language other than my native tongue.”
In addition to consultancy projects, MFARE students can participate in an internship with leading organizations across the agriculture, food, and environmental sectors. This 12 to 16-month internship allows students to immerse themselves in the industry, gain practical experience, and develop valuable professional networks. Many students credit their internships with giving them a competitive edge in their careers.
“The group consultancy project allows students to apply the skills they acquire in the classroom to tackling a real-world problem to meet the need of an external client,” says Dr. Spencer Henson, MFARE faculty advisor. “This experience prepares our students well for employment once they finish their graduate education.”
Preparing Leaders for the Agri-Food Sector
The course with OMAFA reflects the University of Guelph’s commitment to supporting Ontario’s agri-food sector through education and research. Stephen Duff praised the students’ contributions, noting, the project “exemplified the quality, rigor, and professional presentation that FARE students have become known for over time.”
With its emphasis on experiential learning, strong industry connections, and focus on addressing critical challenges, the MFARE program equips students to become leaders in the agriculture and food sectors. Whether through consultancy projects, internships, or rigorous coursework, students graduate ready to make a difference in a rapidly evolving field.
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