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April 25, 2008 | Jim Lane | Comments 0

Biofuels Digest Index falls 2.38 percent to 127.58 as agribusiness fall outweighs small ethanol rally

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 2.38 percent to close at 127.58, on a fall in agribusiness offset by ethanol gains.  For the day, Archer Daniels Midland (ADM) fell 2.54 percent  to $46.13, while Aventine Renewable Energy (AVR) rallied 4.39 percent to $4.04.

Among small caps, BioSolutions Manufacturing (BSLM.OB) lost 40.00 percent to close at $0.003.   Overall, declines led advances 5 to 3 for the day.

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