Jacinto Fabiosa and Dermot Hayes have been named co-directors of the Food and Agricultural Policy Research Institute at Iowa State University effective July 1. They succeed John Beghin, director since 1999, who will spend the next year at the University of Sydney, Australia, before returning to Iowa State's Department of Economics.
Fabiosa has served as FAPRI's livestock and poultry analyst since 1997. In addition, he became technical director of FAPRI in 2002. Fabiosa came to ISU as a Fulbright Academic Enrichment Scholar from the Philippines and finished his doctorate in economics at Iowa State with the Center for Agricultural and Rural Development in 1993. Previously he worked at the International Rice Research Institute in the Philippines and at the World Bank in Washington, D.C.
FAPRI provides analysis of ag issues
Dermot Hayes joined ISU's economics department in 1986. Hayes is the Pioneer Hi-Bred International Chair in Agribusiness and a professor in both the economics and finance departments at ISU. He was head of the Trade and Agricultural Policy Division at CARD from 1990 through 1998, and he will return as head of the division beginning July 1. He earned his degree in agriculture science from the University College in Dublin in 1981 and his doctorate from the University of California, Berkeley, in 1986 with a major in international trade.
FAPRI was established in 1984 with a special appropriation of the U.S. Congress. It was created as a joint effort of ISU and the University of Missouri at Columbia to build an econometric modeling system capable of providing quantitative analysis of agricultural commodity markets to Congress, USDA and other public policy groups.
FAPRI's modeling system is considered the most comprehensive for ag policy and trade analysis outside the USDA. Currently, FAPRI analysts are evaluating the impacts of diverting corn and other commodities to producing biofuels.