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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 cZ1v6CkJt4d8xKQKWNxuNQ==

<SEC-DOCUMENT>0001005477-07-003507.txt : 20070613
<SEC-HEADER>0001005477-07-003507.hdr.sgml : 20070613
<ACCEPTANCE-DATETIME>20070613215256
ACCESSION NUMBER:		0001005477-07-003507
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20070613
FILED AS OF DATE:		20070613
DATE AS OF CHANGE:		20070613

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BioFuel Energy Corp.
		CENTRAL INDEX KEY:			0001373670
		STANDARD INDUSTRIAL CLASSIFICATION:	INDUSTRIAL ORGANIC CHEMICALS [2860]
		IRS NUMBER:				205952523
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1801 BROADWAY, SUITE 1060
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202
		BUSINESS PHONE:		303-592-8110

	MAIL ADDRESS:	
		STREET 1:		1801 BROADWAY, SUITE 1060
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			EDELMAN THOMAS J
		CENTRAL INDEX KEY:			0000935356

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33530
		FILM NUMBER:		07918563

	MAIL ADDRESS:	
		STREET 1:		777 MAIN STREET SUITE 2500
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76102
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2007-06-13</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001373670</issuerCik>
        <issuerName>BioFuel Energy Corp.</issuerName>
        <issuerTradingSymbol>BIOF</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000935356</rptOwnerCik>
            <rptOwnerName>EDELMAN THOMAS J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O BIOFUEL ENERGY CORP.</rptOwnerStreet1>
            <rptOwnerStreet2>1801 BROADWAY, SUITE 1060</rptOwnerStreet2>
            <rptOwnerCity>DENVER</rptOwnerCity>
            <rptOwnerState>CO</rptOwnerState>
            <rptOwnerZipCode>80202</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chman, Chman of the Bd (Drctr)</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class B Common Stock, par value $0.01 per share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2849370</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class B Common Stock, par value $0.01 per share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>294635</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Class B Common Stock, par value $0.01 per share, held by LLC</value>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Membership Units in BioFuel Energy, LLC</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F4"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
                <footnoteId id="F4"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F4"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, par value $0.01 per share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2849370</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Membership Units in BioFuel Energy, LLC</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F4"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
                <footnoteId id="F4"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F4"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, par value $0.01 per share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>294635</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>LLC Units held by LLC</value>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">BioFuel Energy Corp. (the &quot;issuer&quot;) is the owner of &quot;A&quot; units in BioFuel Energy, LLC, a Delaware limited liability company (the &quot;LLC&quot;). Immediately prior to the consummation of the offering of up to 6,037,500 shares of the issuer's common stock under a Registration Statement on Form S-1 and a concurrent private placement of 4,250,000 shares to affiliates of Greenlight Capital, Inc. and Third Point LLC, the issuer's two principal stockholders, and Thomas J. Edelman, the Chairman of the issuer, the LLC will amend and restate its LLC agreement to replace various classes of its existing LLC units with a single class. Holders of LLC units will be entitled to pro rata economic benefits in the LLC, but no voting rights in the LLC.</footnote>
        <footnote id="F2">In addition, holders of LLC units in the recapitalized LLC (other than the issuer) will receive one share of Class B common stock for each LLC unit held. Shares of Class B common stock will entitle the holder to one vote for each share held of record on all matters on which stockholders generally are entitled to vote. Holders of Class B common stock will not, however, have any economic rights in the issuer because they will not be entitled to any monetary rights, including rights to receive dividends or to receive a distribution upon a dissolution, liquidation or winding up of the issuer. If a holder of Class B common stock exchanges any of its LLC units for shares of common stock, the shares of Class B common stock attributable to the exchanged LLC units will be retired without further action.</footnote>
        <footnote id="F3">Includes 294,635 LLC units and 294,635 shares of Class B common stock owned by BioFuel Partners, LLC (a member of the LLC), an entity controlled by Mr. Edelman, on behalf of certain other investors. Mr. Edelman's wife, Ingrid O. Edelman, and trusts for the benefit of Mr. Edelman's family members, of which he is a trustee, collectively own approximately 32% of BioFuel Partners, LLC. Mr. Edelman disclaims beneficial ownership of these units and shares, except to the extent of any pecuniary interest therein, and the filing of this report is not an admission that Mr. Edelman is the beneficial owner of these LLC units and shares for the purposes of Section 16 or for any other purpose.</footnote>
        <footnote id="F4">LLC units are exchangeable at any time on a one-for-one basis for shares of common stock of the issuer. Holders of LLC units who exchange their LLC units for common stock will have their shares of Class B common stock retired by the issuer without further action. There is no expiration date on the right to exchange LLC units for common stock.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ David J. Kornder, by Power of Attorney</signatureName>
        <signatureDate>2007-06-13</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>ex24_100757x3.txt
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>

                                POWER OF ATTORNEY

         KNOW ALL PERSONS BY THESE PRESENTS that the undersigned hereby
constitutes, designates and appoints Michael N. Stefanoudakis and David J.
Kornder, and each of them, as such person's true and lawful attorney-in-fact and
agent, with full power of substitution, for the undersigned and in the
undersigned's name, place and stead, in any and all capacities, to execute,
acknowledge, deliver and file any and all filings required by the Securities
Exchange Act of 1934, as amended, including Section 16 of such act, and the
rules and regulations thereunder, and requisite documents in connection with
such filings, respecting securities of BioFuel Energy Corp., a Delaware
corporation, including but not limited to Forms 3, 4 and 5 under such act and
any amendments thereto.

         This power of attorney shall be valid from the date hereof until
revoked by the undersigned.

                  IN WITNESS WHEREOF, the foregoing Power of Attorney has been
duly executed this 13th day of June, 2007.







                                                          /s/ Thomas J. Edelman
                                                          Thomas J. Edelman
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
