The U.S. contributed to the world production records in 2016/17 by harvesting its own record corn and soybean crops. Also impressive has been the continued pace of those U.S. exports, sustained in large part by one paticular development.Recent fundamental grain and soy market analysis has tended to focus more on the supply side of the balance sheet than on demand. This is somewhat understandable since the increases for U.S. and world production of grain and soybeans during the last four years have been so impressive, culminating during 2016/17 in historic fashion. The world’s production of corn, wheat and soybeans set a new record for all three in the same year, something that never happened before. The end result of is that ending world st...