Biofuels Digest Indexâ„¢ jumps 2.74 percent on broad market recovery, rising energy prices

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, jumped 2.74 percent to 128.33 as the broader markets rose more than one percent on stronger than expected earnings.  For the day, declines led advances 5 to 4, but sector giant Archer Daniels Midland (ADM) rose 3.44 percent on the general market recovery as well as rising energy prices.

Mid cap ethanol stocks were generally down, led by a 5.37 percent drop at VeraSun Energy (VSE), although Pacific Ethanol gained 2.31 percent to close at $7.10. Among small caps, Environmental Power (EPG) rose 10.66 percent to $5.50 while Better Biodiesel (BBDS.OB) tumbled 20 percent to end at $0.92.

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