The latest Crop Estimate Committee report (CEC) showed that a total of 14.5 million tons of maize is likely to be produced in 2017. The estimated maize crop is 87% higher than the crop in 2016. As a result, maize prices have declined. This bodes well with the feed intensive industries as it suggests a decline in the cost of feed from the high levels seen during the past season. Lower grain prices have resulted in an improvement in the milk: feed price ratio. Ultimately, the decline in the grain prices as well as possible increases in the producer prices will support improved milk: feed price ratio, thereby increasing the profitability of milk production.