Biofuels Digest Index gains 0.88 percent on agribusiness rise, ethanol slide

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.88 percent Thursday to close at 74.41 as agribusiness improved, despite ethanol weakness.   For the day, Archer Daniels Midland (ADM) gained 1.88 percent to close at $26.55, while British Petroleum (BP) gained 1.65 percent to $58.40. Among small caps, Raven Biofuels (RVBF.OB) declined 13.95 percent to $0.37.  Overall, declines led advances 3 to 2 for the day.

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