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September 04, 2008 | Jim Lane | Comments 0

Biofuels Digest Index recovers 0.13 percent to 70.37 despite agribusiness weakness

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, recovered 0.13 percent to 70.37 as agribusiness and ethanol declined slightly but petroleum gained.  For the day, Archer Daniels Midland (ADM) fell 1.49 percent to $24.54, while BP (BP) gained 0.80 percent to close at $54.44. Among small caps, Nova Biosource Fuels (NBF) fell 13.33 percent to $0.26. Overall, declines led advances 4 to 3.

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