Biofuels Digest Index jumps 3.40 percent to 52.37, nearing 2-month high on recovery hopes

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, jumped 3.40 percent to 52.37, the highest point in nearly three months, as oil, grain and ethanol stocks advanced on continued recovery hopes.  Archer Daniels Midland (ADM)  rose 2.59 percent to $26.17,  while BP gained 2.62 percent to $45.02.  Among small caps, Gushan (GU) gained 12.16 percent to $2.86.  Overall, advances led declines 6 to 1 for the day.

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