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September 08, 2008 | Jim Lane | Comments 0

Biofuels Digest Index slips 0.09 percent to new low of 68.53

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.09 percent Friday to an all-time low of 68.53 as the agribusiness recovered but ethanol stocks sputtered. Archer Daniels Midland (ADM) gained 1.92 pervent to close at $23.41, while VeraSun Energy (VSE) lost 5.68 percent to close at $5.15. Among small caps, Raven Biofuels (RVBF.OB) gained 11.32 percent to finish at $0.59.  Overall, declines led advances 5 to 4.

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