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Bruce Babcock is a professor of economics and the director of the Center for Agricultural and Rural Development at Iowa State University.
Professor Babcock's primary research interests are in understanding agricultural commodity policy in a global context, development of innovative risk management strategies for farmers, and the evolution of agriculture away from a primary focus on commodity production. His risk management research has led to the development of several new crop insurance products currently being sold under the auspices of USDA and by the private sector.
Professor Babcock is a native of southern California. He received his B.S. in economics of resource use and his M.S. in agricultural economics from the University of California at Davis, and his Ph.D. in agricultural and resource economics from the University of California at Berkeley. Before moving to Ames in 1990, he was an assistant professor and extension specialist at North Carolina State University with responsibilities in peanut and tobacco policy.