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Biofuels Digest Index jumps 4.21 percent on agribusiness, ethanol recoveries

March 25, 2008

The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, jumped 4.21 percent to close at 115.78 as diversified agribusiness and ethanol recovered across the board.

For the day, Archer Daniels Midland (ADM) gained 4.01 percent to close at $41.79, while among ethanol stocks Verasun Energy (VSE) soared 10.41 percent to close at $7.32.  US BioEnergy (USBE) jumped 12.76 percent to $5.92. Among small caps, MGP Ingredients gained 7.58 percent to $7.10. Overall, advances led declines 6 to 1.

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

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