Biofuels Digest Index plunges 5.31 percent to 64.32 amidst global equities fallout

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, bombed 5.31 percent to a new low of 64.32 as equity markets melted in the wake of the Lehman Brothers bankruptcy and the sale of Merrill Lynch.  For the day, Archer Daniels Midland (ADM) plunged 5.09 percent to $22.76, while  Aventine Renewables (AVR) lost 10.42 percent to close at $5.07.  Among small caps, Bluefire Ethanol (BFRE) lost 15.44 percent to $2.41. Overall, declines led advances 6 to 1 for the day.

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