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May 22, 2009 | Jim Lane | Comments 0

Biofuels Digest Index falls 1.76 percent to 54.18 on ethanol retreat

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 1.76 percent to 54.18 on an ethanol retreat. For the day, Archer Daniels Midland (ADM) lost 2.53 percent to $25.85, while Biofuel Energy (BIOF) lost 8.75 percent to $0.73. Among small caps, Cosan (CZZ) lost 6.44 percent to $4.50. Overall, declines led advances 7 to 1 for the day.

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