Biofuels Digest Index down 0.65 percent to 121.74, VeraSun recovers on positive earnings news

The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, fell 0.65 percent Wednesday to close at 121.74, as diversified agribusiness weakened but ethanol stocks recovered slightly.

For the day, Archer Daniels Midland (ADM) fell 0.88 percent to $44.13, while The Andersons (ANDE) dropped 1.95 percent to close at $42.82.  Among ethanol stocks, VeraSun Energy (VSE) gained 4.19 percent to close at $6.96 after announcing better than expected fourth quarter results, and a 25 percent increase in sales in Q1 2008, while Pacific Ethanol jumped 13.70 percent to $5.23.

Among small caps, Bio Solutions Manufacturing (BLSM.OB) was up 42.86 percent to $0.02. Declines led advances 4 to 3.

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