Biofuels Digest Index falls 0.90 percent to all-time low of 73.63 as ethanol wanes

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.90 percent Monday to an all-time low of 73.63 as ethanol and agribusiness weakened. For the day, Archer Daniels Midland fell 2.79 percent to close at $25.47. while Aventine Renewables (AVR) fell 9.15 percent fell 9.09 percent to close at $6.45. Among small caps, Panda Ethanol (PDAE) fell 35.80 percent to $0.52.  Overall, declines led advances 2 to 1 for the day.

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