Biofuels Digest Index falls 2.36 percent to all-time low of 90.16 as oil passes $140

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 2.36 percent  to close at an all-time low of 90.16 as ethanol and agribusiness stocks tumbled amidst a sharp general market downturn on fears over the economy.  For the day, Archer Daniels Midland (ADM) fell 2.36 percent to $32.51, while VeraSun Energy fell 1.70 percent to $4.04.  Among small caps, MGP Ingredients (MGPI) fell 9.09 percent to close at $5.80.  Overall, declines led advances 3 to 1 for the day.

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