Biofuels Digest Index falls 3.11 as agribusiness weakens

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 3.11 percent to close at 122.33, as a second day of major declines in agribusiness offset some recovery by ethanol stocks.  For the day, Archer Daniels Midland (ADM) fell 3.33 percent to close at $44.06, while Aventine Renewable Energy (AVR) gained 7.33 percent to $4.39 to lead ethanol stocks. Among small caps, Bluefire Ethanol (BFRE.OB) gained 7.33 percent to finish at $4.20.   Overall, advances and declines were even for the day.

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