Investors should temper their enthusiasm over the agreement between BioFuel Energy (BIOF +4.8%)...

|About: BioFuel Energy Corp. (BIOF)|By:, SA News Editor

Investors should temper their enthusiasm over the agreement between BioFuel Energy (BIOF +4.8%) and Gevo (GEVO -7.5%) to explore large-scale production of isobutanol light of the small size of the isobutanol market, Tristan Brown writes. The conversion of only a few U.S. ethanol facilities would swamp the market and drive down profits of retrofitted facilities.