Today we are launching the Commodity Price Outlook and Risks. This new monthly publication presents a financial market-based outlook and risk assessment for selected commodity prices, supplementing the Commodity Market Monthly. With a few exceptions, futures markets suggest that commodity prices are expected to fall or remain flat during the next twelve months. Large declines are expected for soybean meal, soybeans, and rice. Markets broadly seem to suggest downside or balanced price risks, with upside risks appearing more dominant for U.S. natural gas, gasoline, corn, coffee and wheat.