The U.S. soybean market in 2017 will continue to feel the effects of China's insatiable appetite, according to analysts and ag economists.
But it could face headwinds from a stronger U.S. dollar and a larger South American crop.
"China's robust buying pace continues to be on target for the growth rate we've seen developing in recent years, suggesting final demand just above 102 MMT, up about 1.5 MMT from USDA's current estimate," says Arlan Suderman, chief commodities economist at Intl FCStone.