Biofuels Digest Indexâ„¢ dips 0.28 percent to 119.31 as ethanol wanes

The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, dipped 0.28 percent on Friday to 119.31 as weakness in midcap ethanol stocks offset recoveries in the small caps.

Among diversified agribusiness, The Andersons (ANDE) rose 1.35 percent to close at $44.36, while in the ethanol mid caps Aventine Renewables (AVR) eked out a 0.10 percent gain to close at $9.79 but US BioEnergy (USBE), down 1.16 percent to $7.74, was more indicative of sector activity.

Among small caps, Intrepid Technology and Resources (IESV.OB) rose 12.50 percent to $0.018 while Bluefire Ethanol (BFRE.OB) and Xethanol (XNL), both were up strongly for the day, closing at $3.60 and $0.66 respectively.

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