Rogers joins board of farmland investment group

Commodities investor Jim Rogers has been appointed to the board of the farmland investment firm Genagro Ltd as a non-executive director.

Jersey-based Genagro, which was founded in 2008, makes investments in early stage farmland or farming-related businesses, specialising in financing, developing and growing the businesses. Rogers appointment is part of a reorganisation of the board following the sale of a majority controlling interest in Genagro's first farmland investment, Agrifirma Brasil, to a Brazilian private equity group, the company said. The veteran investor said he has long seen the the investment potential of agriculture. He said: "I have been on record for years that the future is going to belong to the f...