• Find Us
  • Contact Us
  • Become a Customer
  • Pay Your Bill
logologologologo
(800) 366-0200
  • Fuels
    • Quality Fuel Products
      • Detergent Gasoline
      • BOSS Diesel
      • Renewable Fuels
    • Fuel Contracting
    • Wholesale Fuels
    • Fuel & Oil Analysis
    • Petro-Card 24
    • Credit Cards
    • Become a Customer
  • Propane
    • For Your Home
      • Furnaces & Boilers
      • Water Heating
      • Residential Generators
      • Appliances
      • Fireplaces
      • Outdoor Living
    • For Your Farm
      • Grain Drying
      • Irrigation
      • Poultry House Heating & Sanitation
      • Livestock Barn Heating
      • Agriculture Generators
    • For Your Business
      • Construction
      • Forklifts & Material Handling
      • Landscaping
      • Greenhouses & Nurseries
      • Commercial Heating & Cooking
    • Propane Programs
    • Tank Options
    • Tank Leasing & Maintenance
    • Propane Safety
    • Become a Customer
  • Oils & Lubricants
    • Motor & Engine Oils
    • Tractor, Transmission & Torque Fluids
    • Greases
    • Industrial Oils
    • Other Products
    • Limited Warranty Program
    • Fuel & Oil Analysis
    • Lube Advisor
  • Solar
  • Retail
    • Big O Tires
    • Break Time
    • Gift Cards
    • Credit Cards
    • Become a Customer
  • About Us
    • Co-op Membership
    • Community Involvement
    • Core Values
    • Sustainability Values
    • Board of Directors
    • Executive Team
    • News
  • Careers
    • Current Openings
    • Hiring Process
    • Corporate Offices
    • MFA Oil Field Locations
    • Break Time
    • Big O Tires
  • Become a Customer
    • Request More Information
    • Customer Agreement
  • Fuels
    • Quality Fuel Products
      • Detergent Gasoline
      • BOSS Diesel
      • Renewable Fuels
    • Fuel Contracting
    • Wholesale Fuels
    • Fuel & Oil Analysis
    • Petro-Card 24
    • Credit Cards
    • Become a Customer
  • Propane
    • For Your Home
      • Furnaces & Boilers
      • Water Heating
      • Residential Generators
      • Appliances
      • Fireplaces
      • Outdoor Living
    • For Your Farm
      • Grain Drying
      • Irrigation
      • Poultry House Heating & Sanitation
      • Livestock Barn Heating
      • Agriculture Generators
    • For Your Business
      • Construction
      • Forklifts & Material Handling
      • Landscaping
      • Greenhouses & Nurseries
      • Commercial Heating & Cooking
    • Propane Programs
    • Tank Options
    • Tank Leasing & Maintenance
    • Propane Safety
    • Become a Customer
  • Oils & Lubricants
    • Motor & Engine Oils
    • Tractor, Transmission & Torque Fluids
    • Greases
    • Industrial Oils
    • Other Products
    • Limited Warranty Program
    • Fuel & Oil Analysis
    • Lube Advisor
  • Solar
  • Retail
    • Big O Tires
    • Break Time
    • Gift Cards
    • Credit Cards
    • Become a Customer
  • About Us
    • Co-op Membership
    • Community Involvement
    • Core Values
    • Sustainability Values
    • Board of Directors
    • Executive Team
    • News
  • Careers
    • Current Openings
    • Hiring Process
    • Corporate Offices
    • MFA Oil Field Locations
    • Break Time
    • Big O Tires
  • Become a Customer
    • Request More Information
    • Customer Agreement

All News >> Momentum

View the Summer 2021 Momentum Issue

We’re Not Going Back to Pre-COVID Conditions

June 7, 2021

Written By The CoBank Knowledge Exchange Division

FacebookTweetLinkedInPrintEmail

In Washington, policy focus is shifting to building for the future. On the rural front, agriculture has its swagger back.

Anticipation of a return to normal is in the air. But for the economy and rural industries, there will be no going back to pre-COVID conditions. The combination of trillions of dollars in federal stimulus spending, warm weather, vaccinations and a persistently dovish Federal Reserve will soon generate a burst of economic activity unparalleled since 1984. But the impending release of cash-rich, inoculated consumers has spurred concern about a risk that’s also been dormant since the 1980s: inflation.

The policy focus in Washington is shifting from crisis management to building for the future. And the outcome of the president’s infrastructure plan will have substantial implications for rural water, power and broadband providers. Hundreds of billions of dollars in funding would reshape these industries and intensify the current focus on climate resilience and social equity.

Elsewhere in rural industries, agriculture has its swagger back. Many in the agricultural industry are experiencing the best market conditions since 2013. Prices are hovering near multiyear highs as strong exports and dwindling supplies have solidified a healthy outlook for much of the farm economy. Some sectors have been severely impacted by logistics complications and container shortages, though. The dairy and specialty crop supply chains have been especially hard hit.

The transition to a less COVID-restricted world has begun. But we’re not going back to the way things were. A transformed policy environment and awakened commodity markets are making way for a whole new operating environment.

About The CoBank Knowledge Exchange Division

CoBank is one of the largest private providers of credit to the U.S. rural economy. The bank delivers loans, leases and other financial services to agribusiness, rural infrastructure and Farm Credit customers in all 50 states.

View More Posts on Similar Topics:

  • COVID-19
  • The Big Picture
    Increasing fruit, vegetable production can help double value of Missouri Ag
    Spring Brings Opportunities to Save on Propane

    Related Posts

    Propane-Powered Mowers Cut Grass, Emissions and Upkeep Costs
    Making the Leap
    Tough Times Persist

    FIND YOUR LOCATION

    MFA Oil Fueled
    MFA Oil’s Digital Newsletter
    Fueled Subscribe

    Receive Updates

    NEWS

    • Digital Newsletters
    • Press Releases
    • Momentum Magazine
    • Market Commentary

    CUSTOMER SERVICE

    • Become a Customer
    • Pay Your Bill
    • Customer Agreement
    • Gift Cards
    • Safety Data Sheets

    GIVING BACK

    • MFA Oil Foundation
    • MFA Foundation
    • Golf Tournament
    • Community Giving

    JOIN MFA OIL

    • Career Opportunities
      • UHC Transparency In Coverage
    • Selling Your Business

    Contact Us

    Copyright © 2022 MFA Oil Company. All rights reserved. Use of this website constitutes acceptance of our Privacy Policy.

    Share this ArticleLike this article? Email it to a friend!

    Email sent!