Speech recognition is an active process that involves some form of predictive coding. This statement is relatively uncontroversial. What is less clear is the source of the prediction. The dual-stream model of speech processing suggests that there are two possible sources of predictive coding in speech perception: the motor speech system and the lexical-conceptual system. Here I provide an overview of the dual-stream model of speech processing and then discuss evidence concerning the source of predictive coding during speech recognition. I conclude that, in contrast to recent theoretical trends, the dorsal sensory-motor stream is not a source of forward prediction that can facilitate speech recognition. Rather, it is forward prediction coming out of the ventral stream that serves this function. (Contains 2 figures.)