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Biofuels Digest Index takes 3 percent Leap Day plunge to 125.75

March 3, 2008

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, celebrated Leap Day with a 3 percent plunge to a close of 125.75. Leading the plungers among diversified agribusiness was Archer Daniels Midland (ADM), which dropped 2.95 percent to $45.10. Among mid caps, Aventine Renewable Energy (AVR) tanked 8.79 percent to $6.42, erasing slight gains from earlier in the week. Among small caps, MGP Ingredients tumbled  (MGPI) 7.23 percent to reach $6.42.  For the day, declines led advances 3 to 1.

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

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