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Biofuels Digest Index falls 1.89 percent to 130.42 on agribusiness, ethanol slump

April 23, 2008

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 1.89 percent to close at 130.42, on drops in agribusiness and ethanol stocks.  For the day, Archer Daniels Midland (ADM) fell 1.87 percent to $44.28, while Pacific Ethanol (PEIX) led a general decline among ethanol stocks, falling 8.01 percent to $3.33.

Among small caps, GeoBioenergy (BBOE.OB) rose 11.1 percent to $0.20.   Overall, declines led advances 3 to 1 for the day.

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

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