Dr. Dermot J. Hayes
Dr. Dermot Hayes’ expertise in economics has greatly impacted the U.S. pork industry. Though much of his work has gone unseen by many, he is a key player in the industry’s trade markets.
Hayes has taught at Iowa State University (ISU) in Ames since 1986. In 2017, he was named a Charles F. Curtiss Distinguished Professor in Agriculture and Life Sciences, and in 1999 assumed the position of Pioneer Hi-Bred International Chair in Agribusiness.
Hayes’ work extends far beyond the classroom and Iowa. Since 1995, he has been a consulting trade economist for the National Pork Producers Council (NPPC). In that time, Hayes has focused on the economic opportunities and challenges for exporting pork around the world. This includes identifying and analyzing potential trade markets for U.S. pork and monitoring the production of competing nations. Once trade markets are secured, he continues to track the development of those markets over the course of years.
For many, Hayes is the go-to person for anything requiring an economic analysis pertaining to the industry. Neil Dierks, retired CEO of NPPC, says Hayes “can look at the same situation as everyone else and distill it into pertinent and concise information that others cannot see.”
Hayes’ propensity to provide economic analyses accurately and reliably has not only impacted the farm. According to Nick Giordano, former vice president and counsel of global government affairs for NPPC, “Dermot has been intimately involved in NPPC and pork industry trade policy activity for over two decades. His work is well-known and respected within the halls of power in Washington, D.C.”
Hayes has examined the ramifications of line-speed rulings and the impact of COVID-19 on the packing plant industry. He has spent decades working for the National Pork Board, NPPC, and the Iowa Pork Producers Association (IPPA) on various issues.
Per John Weber, a past president for both IPPA and NPPC, “Dr. Hayes’ knowledge of domestic and global economics has added untold wealth to America’s pork producers. The accuracy of his modeling forecasts of free trade agreements was unbelievable. He inspired us as board members to take action on multiple economic issues that we could not have done without his analysis. All this while maintaining his true love of teaching young people at Iowa State.”