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Biofuels Digest Index plummets 4.04 percent on agribusiness dive

May 12, 2008

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, plummeted 4.04 percent percent to close at 118.39 as agribusiness sunk  and ethanol stocks struggled. For the day, Archer Daniels Midland (ADM) fell 4.22 percent to close at $42.68, while Aventine Renewable Energy (AVR) fell 4.57 percent to lead the ethanol downturn.  Among small caps, Nova Biosource Fuels (NBF) rose 7.96 percent to $1.22 investor enthusiasm for its plant opening in Illinois.  Overall, advances led declines 3 to 1 for the day.

  • Biofuels Digest Index drops 3.29 percent to close at 115.55 as agribusiness, ethanol dive
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  • Biofuels Digest Index plummets 9.78 percent to all-time low of 93.66 as corn fears fuel ethanol flight
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  • Biofuels Digest Indexâ„¢ plummets 2.41 percent amidst broad market pull back, ethanol woe
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  • Biofuels Digest Index plummets 4.98 percent to all-time low of 74.98 on ADM earnings shock
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  • Biofuels Digest Index falls 0.65 percent to 110.56 on ethanol, agribusiness dip
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  • Biofuels Digest Index falls 0.88 percent to 106.67 on third day of ethanol, agribusiness decline
    • The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.88 percent to 106.67 on a third day of agribusiness and ethanol declines. For the day, Archer Daniels Midland (ADM) fell...

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

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