Biofuels Digest Index recovers to 88.76 despite ethanol woes

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, recovered 0.51 percent to 88.76 despite an ethanol drop. For the day, Archer Daniels Midland (ADM) fell 0.85 percent to $31.49, while Bluefire Renewables (BFRE) tumbled 13.16 percent to $0.33. Among other equities, Gevo (GEVO) jumped 3.83 percent to $20.62. Overall, advances led declines 7 to 5 for the day.