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Biofuels Digest Index falls 2.60 percent to 123.99 as agribusiness weakens

March 10, 2008

The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, fell 2.60 percent Friday to 123.99 on weakness in diversified agribusiness.

For the day, Archer Daniels Midland (ADM) fell 2.72 percent to $45.01, while The Andersons (ANDE) recovered 0.48 percent to close at $43.98. Among ethanol stocks, Pacific Ethanol (PEIX) gained 6.12 percent to $4.51 while VeraSun Energy (VSE) fell 3.59 percent to close at $6.99.

Among small caps, Xethanol (XNL) fell 11.54 percent to $0.46. Declines led advances 5 to 3.

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

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