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Biofuels Digest Indexâ„¢ slips 0.71 percent to 121.90 despite new cellulosic ethanol grants

January 30, 2008

The Biofuels Digest Indexâ„¢ (BDI), a basket of publicly traded biofuel stocks, fell 0.71 percent yesterday to 121.90 in mixed trading.

For the day, The Andersons (ANDE) led diversified agribusiness, up 0.61 percent to $46.02, while Archer Daniels Midland (ADM) fell 0.83 percent t $42.94. Most ethanol stocks rose, paced by VeraSun Energy (VSE), which rose 1.76 percent to close at $10.40.

Among small caps, Green Energy Resources (GRGR.PK) rose 11.54 percent to $0.145 while Texcom (TEXC.PK) was off 11.11 percent to $0.08. Overall, declines led advances 5 to 4.

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    Written by Jim Lane · Filed Under Biofuels Digest Index (BDI), Stock & Financial Outlook 

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