Cargill selling off shares in Biofuel Energy

In Minnesota, Cargill Biofuels Investments has sold yet another 1.2 million shares of its 10% stake in Biofuel Energy Corp. This follows a sale of 1.1 million shares only last week.

These sales follow a fivefold surge in the price of the stock over the last two weeks and a steady flow of insider selling for the past two months.