-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 SdlliwXT3G7SBeELUk5wR5x75hcW0PhpypQqpQSvaDttCksN/bopHlvgmq+AU/Np
 AOWRqB+DF5CEpAl+5msxQw==

<SEC-DOCUMENT>0001005477-07-003704.txt : 20070621
<SEC-HEADER>0001005477-07-003704.hdr.sgml : 20070621
<ACCEPTANCE-DATETIME>20070621203752
ACCESSION NUMBER:		0001005477-07-003704
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070619
FILED AS OF DATE:		20070621
DATE AS OF CHANGE:		20070621

REPORTING-OWNER:	

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

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33530
		FILM NUMBER:		07934965

	MAIL ADDRESS:	
		STREET 1:		777 MAIN STREET SUITE 2500
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76102

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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-06-19</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <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>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common stock, par value $0.01 per share</value>
            </securityTitle>
            <transactionDate>
                <value>2007-06-19</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>500000</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>10.50</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>500000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Pursuant to the Purchase Agreement dated June 12, 2007 by and among BioFuel Energy Corp. (the &quot;Company&quot;), Greenlight Capital, L.P., Greenlight Capital Qualified, L.P., Greenlight Capital Offshore, Ltd.,  Greenlight Reinsurance, Ltd., Third Point Partners LP, Third Point Partners Qualified LP, Third Point Offshore Fund, Ltd., Third Point Ultra Ltd. and Thomas J. Edelman, Mr. Edelman agreed to purchase 500,000 shares of common stock, at a price per share of $10.50, which is equal to the initial public offering price of the Company's common stock, in a private placement transaction. The purchase price for the shares sold to Mr. Edelman was paid directly to the Company concurrently with the closing of the sale of the other shares of common stock offered in the offering.</footnote>
        <footnote id="F2">In addition to the 500,000 shares of common stock purchased by Mr. Edelman in the private placement transaction, Mr. Edelman  holds 2,849,370 shares of Class B Common Stock, par value $0.01 per share (&quot;Class B Stock&quot;), of the Company and 2,849,370 LLC membership units (&quot;Units&quot;) of BioFuel Energy, LLC (the &quot;LLC&quot;) which may be exchanged at any time for common stock of the Company on a one-for-one basis. Mr. Edelman also indirectly holds 294,635 Units and 294,635 shares of Class B Stock through 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.</footnote>
        <footnote id="F3">Mr. Edelman disclaims beneficial ownership of the 294,635 units and 294,635 shares of Class B Stock, as described in footnote 2 above, 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 Units and shares for the purposes of Section 16 or for any other purpose.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ David J. Kornder, by Power of Attorney</signatureName>
        <signatureDate>2007-06-21</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----