Commodity prices will fall from their high 2010-11 levels as markets respond to these prices and the opportunities for increased profitability that they afford, a joint report by OECD and UN body FAO on Friday said.

But, for achieving it, harvests this year are critical, the report -- OECD FAO Agricultural Outlook 2011-12 -- released on Friday said." A good harvest this year will be critical in bringing more stability to commodity markets," it said. It, however, said restoring market balances may take some time. "Until stocks can be rebuilt, risks of further upside price volatility remains high,"