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Biofuels Digest Index gains 2.07 percent to 118.18 as agribusiness recovers

March 26, 2008

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 2.07 percent to close at 118.18 as diversified agribusiness improved strongly.  For the day, Archer Daniels Midland (ADM) gained 2.18 percent to close at $41.79, while The Andersons (ANDE) was up 1.61 percent to finish at $44.21. Among ethanol stocks Verasun Energy (VSE) gained 3.96 percent to close at $7.61 as its merger with US BioEnergy (USBE) approaches completion this week. Overall, advances led declines 5 to 2.

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

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