Biofuels Digest Indexâ„¢ soars to new 52 week high of 129.85 as biofuels investors get an early Christmas

The Biofuels Digest Indexâ„¢, a basket of public biofuels stocks, rose 2.88 percent to a 52 week high of 129.85 as investor enthusiasm continued to build following the signing of the Energy Independence Act last week.

Among diversified agribusiness, Archer Daniels Midland (ADM) was up 2.26 percent to $44.27, while VeraSun Energy (VSE) rose 15.71 percent to $17.75 to lead mid cap ethanol stocks, which received favorable coverage in the Motley Fool last week in an article spotlighting high performing but “unloved” stocks.

Among small caps, Green Plains Renewable Energy (GRGR.PK) rose 15.93 percent to $13.61.

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