Biofuels Digest Index drops 0.20 percent to 127.02 as ethanol plunges off cliff

The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, fell 0.20 percent to 127.02 as ethanol stocks took a tumble.

VeraSun Energy (VSE)  fell 12.3 percent to $7.83 while its intended merger partner US BioEnergy (USBE) tumbled 13 percent to $6.22, while losses were offset by a 0.57 percent gain to $46.00 by Archer Daniels Midland (ADM).  Declines led advances 4 to 1.

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