Biofuels Digest Index leaps 2.66 percent on agribusiness surge

The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, leapt 2.66 percent to close at 122.88 as agribusiness and small cap strength offset mixed results in the ethanol sector. For the day, Archer Daniels Midland (ADM) gained 2.82 percent to $42.95, while VeraSun Energy (VSE) recovered 2.11 percent to $7.25 to lead ethanol stocks, offsetting a 6.15 percent drop by Aventine Renewable Energy (AVR).

Among small caps, Green Energy Resources (GRGR.PK) rose 23.33 percent to $0.148.    Overall, advances led declines 2 to 1 for the day.

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