The short answer: Log it, maybe notify the user, and maybe continue execution of your application.
Changes happen all the time. In production. Without warning. Often by mistake.
Even with change control policies carved in stone, mistakes happen. A DBA that is tuning a query drops a table. A developer with too much access accidentally removes a column. One of the DBAs moves your tables to a different schema. A database becomes corrupted.
These are some of the things that I have seen occur in live production databases over the years. Each one made me very glad there were backups of the production applications.
There will always be something somewhere that goes wrong. That is one of the reasons that you have error handling code in production applications: to prevent the failure of one section of code from causing the overall failure of all of it.
Errors
Log everything that is an error with the most details you can. Include the full error message (where possible). Make sure that your code can gracefully shutdown when an error is sufficiently detrimental to require it. And log that your app forcefully terminated itself. Displaying errors to the user is something that you should do in most, but not all circumstances.
Warnings
Log warnings, but only grab the relevant minimum information you need to diagnose and correct the issue. You may want to set some flag that will conditionally allow you to log warnings (and/or informational messages). This will help in keeping the log file small. Warning messages are mostly something that you will want to show to the user, especially when the user can make changes to correct the issue.
Informational Messages
Only log informational items when you need normally unimportant information. In production code, I have found it useful for informational messages to include when you enter and leave a function, method, properties (when they do more that get/put values), start up and shut down singleton instances (e.g., SerialPort). These informational messages do not need to be shown to the user.