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August 03, 2009 | Jim Lane | Comments 0

Biofuels Digest Index gains 0.05 percent to 62.77 as fuels, grains offset

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.05 percent to 62.77 as Big Grain losses offset fuel stock gains.  For the day, Archer Daniels Midland (ADM) fell 0.33 percent to $30.12, while BP was up 0.34 percent to $50.04.  Among small caps, Aventine Renewable Energy (AVR) fell 5.26 percent to $0.18. Overall, declines led advances 3 to 2 for the day.

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