Biofuels Digest Index falls 0.87 to 110.84 on ethanol, ADM dips

May 30, 2008

Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.87 points to 110.84 on a continued slide at ADM and ethanol weakness.  For the day, Archer Daniels Midland (ADM) fell 0.90 percent to close at $39.50, while VeraSun Energy (VSE) fell 0.72 percent to close at $6.94.  Among small caps, Earth Biofuels (EBF)  fell 41.18 percent to close at $0.03.  Overall, declines led advances 3 to 1 for the day.

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