The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.53 percent to close at 117.53 as weakness in larger caps overshadowed a broader advance. For the day, Archer Daniels Midland (ADM) fell 0.75 percent to close at $42.38.
Among ethanol stocks VeraSun Energy (VSE) gained 2.10 percent to close at $7.77, while Pacific Ethanol (PEIX) lost 1.09 percent a week before dismal quarterly earnings are expected. Along small caps, Nova Biosource Fuels (NBF) gained 9.42 percent, to $1.51. Overall, advances led declines 6 to 1.
What do you think? What do you think this story means for bioenergy? Leave a comment below and get the community engaged on what you see as the real issues - others will be glad you did!
Free Subscription to the Daily Biofuels Digest e-newsletter
Related Stories
Biofuels Digest Index falls 0.41 percentto 73.31 on agribusiness slideThe Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.41 percent Friday to close at 73.31 on agribusiness weakness. For the day, The Andersons (ANDE) fell 1.12 percent to $4...
Biofuels Digest Index falls 0.54 percent to 84.45 as agribusiness slips, ethanol ralliesThe Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.54 percent to 84.45 as agribusiness weakness offset ethanol gains. For the day, Archer Daniels Midland (ADM) fell 0.77 pe...
Biofuels Digest Index falls 2.60 percent to 123.99 as agribusiness weakensThe 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) fel...
Biofuels Digest Index falls 2.10 percent to 121.20 on agribusiness, ethanol weaknessThe Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, fell 2.10 percent to close at 121.20, as agribusiness and ethanol stocks both tumbled. For the day, Archer Daniels Midland (...
Biofuels Digest Index recovers 0.13 percent to 70.37 despite agribusiness weaknessThe Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, recovered 0.13 percent to 70.37 as agribusiness and ethanol declined slightly but petroleum gained. For the day, Archer Daniel...
Biofuels Digest Index drops 1.00 percent to 93.04 on agribusiness weaknessThe Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dropped 1.00 percent to 93.04 on a fall in agribusiness stocks. For the day, Archer Daniels Midland (ADM) lost 1.33 percent to...