Biofuels Digest Index slips 0.36 on agribusiness drop, Pacific Ethanol plunge

The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, fell 0.36 percent Friday to close at 120.28 on an agribusiness slip and an ethanol slide. For the day, Archer Daniels Midland (ADM) fell 0.25 percent to close at $43.17, while Pacific Ethanol (PEIX) took a 19.31 percent beating to fall to $4.18 following announcement of terms on a $35 million financing.

Among small caps, Nova Biosource Fuels (NBF) gained 2.56 percent to close at $1.20.  Overall, advances and declines were even for the day.

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