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Biofuels Digest Index up 1.22 percent to 127.28 on agribusiness gains

March 4, 2008

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, commenced March trading with a 1.22 percent gain to 127.28 as diversified agribusiness gains offset ethanol weakness.  For the day, Archer Daniels Midland (ADM) rose 1.42 percent to close at $45.74, while US BioEnergy (USBE) fell 2.46 percent to $7.15 to lead a broad but slight ethanol sector decline. Among small caps, Xethanol (XNL) gained 8 percent to close at $0.54.  For the day, advances led declines 3 to 2.

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  • Biofuels Digest Index gains 1.50 percent to 120.16 as agribusiness, ethanol rally
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    Written by Jim Lane · Filed Under Biofuels Digest Index (BDI), Stock & Financial Outlook 

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