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Biofuels Digest Indexâ„¢ slips 1.34 percent to 126.40 on agribusiness retreat

February 28, 2008

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 1.34 percent Wednesday to close at 126.40 as diversified agribusiness retreated from gains early in the week.  For the day, The Andersons (ANDE) slipped 1.68 percent to close at $46.27, to lead the downward trend in diversified agribusiness stocks.

Among ethanol stocks, Aventine Renewable Energy (AVR) recovered 4.78 percent to $7.02. Among small caps, Texcom (TEXC.PK)  plunged 28.57 percent to close at $0.05 while Bluefire Ethanol rose 2.78 percent to reach $3.70.  For the day, advances led declines 5 to 3.

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    Written by Jim Lane · Filed Under Biofuels Digest Index (BDI) 

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