Biofuels Digest Index falls 1.05 percent as ethanol stocks melt under pressure of corn price increases

The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, fell 1.05 percent to 127.30 as major ethanol stocks fell sharply.

Pacific Ethanol (PEIX) fell 10.90 percent to $4.25 while VeraSun Energy (VSE) fell 9.03 percent to close at $7.25. Among diversified agribusiness, Archer Daniels Midland (ADM) fell 0.67 percent to $46.27, while The Andersons (ANDE) recovered 0.37 percent to close at $43.77. Declines led advances 3 to 2.

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