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Biofuels Digest Index flat at 119.62 as agribusiness gains offset by ethanol declines

April 9, 2008

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.01 percent to close at 119.62 as ethanol weakness balanced gains by diversified agribusiness.  For the day, Archer Daniels Midland (ADM) gained 0.19 percent to close at $43.23, while The Andersons (ANDE) rose 1.84 percent to close at $44.34.

Among ethanol stocks, VeraSun Energy (VSE) fell 7.09 percent to close at $7.99.  Among small caps, Green Shift (GERS.OB) gained 8.33 percent to close at $0.13.  Overall, advances and declines were even for the day.

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  • Biofuels Digest Index falls 0.54 percent to 84.45 as agribusiness slips, ethanol rallies
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    • The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.47 percent to close at 89.45 as agribusiness and ethanol, made modest gains across the board.  For the day, Archer Dan...

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

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