Max Armstrong looks at the challenges facing the ethanol industry raising concerns about the renewable fuel's future. Goeff Cooper, president and CEO of the Renewable Fuels Association, shared a presentation during the Farm Futures Business Summit showing optimism for the future of ethanol. Max offers a look at some of the statistics Cooper shared, including that by 2050 80% of new cars sold will still run on liquid fuels with internal combustion engines.

Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.