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The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, jumped 2.80 percent to 74.78 on a broad surge in biofuels equities. For the day, Archer Daniels Midland (ADM) recovered 2.66 percent to $28.90, while Rentech (RTK) soared 18.33 percent to $1.42. Among other equities, Valero (VLO) soared 15.16 percent to $25.15 on rumors of a takeover offer from India's Reliance Industries.. Overall, declines led advances 10 for 1 for the day.
WEBSTER CITY, Iowa-- Grain has poured from an elevator near Webster City after an unloading shoot was struck by a semitrailer. KCCI-TV reported (http://bit.ly/tPZXCl ) the accident happened Tuesday at the United Co-op in Hamilton County. Crews were working to plug the hole to stop more grain from spilling out. It wasn't immediately known how much grain was spilled. No injuries have been reported. ------ Information from: KCCI-TV, http://www.kcci.com
Yesterday, on October 13th , Gavilon officially opened its Ukrainian office. The opening was attended by top managers of this international company and a big number of representatives of Ukrainian grain businesses. Company "Gavilon" - is a global operator in the world markets of grains and oilseeds, fertilizers and energy. The company has been operating for more than 130 years, with the focus on South America, Europe, African and Asian countries.
OTTAWA, Ill.-- Authorities in LaSalle County say a grain truck hit two bicyclists, killing one man and injuring another. WGLC Radio reports that the accident happened just north of Ottawa on Tuesday. Authorities say 76-year-old John Harbeck of Ottawa was pronounced dead at the scene. The accident also injured 79-year-old Frank Piogott of Sheridan, who was taken to Ottawa Regional Hospital. The accident remains under investigation. ------ Information from: WGLC-FM.
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