CHICAGO (Dow Jones)--U.S. soybean futures are poised to start stronger Monday in a rebound from Friday's sharp sell-off, as traders expect China will continue snapping up the oilseed.

Traders and analysts predict soybeans for January delivery, the most active contract, will start 5 to 10 cents a bushel higher at the Chicago Board of Trade. In overnight electronic trading, the contract climbed 10 cents to $12.11 1/2 a bushel.

Friday's sell-off, fueled by worries that an increase in China's bank reserve requirement would slow import demand, is seen as overdone because China is expected to keep buying U.S. soybeans, analysts said. China is the world's top soybean importer and has been buying soybeans from the U.S. at a record-fast pace.

Soybean futures earlier this month reached 26-month highs on fears robust exports were draining supplies. Prices have since dropped about 10% on profit-taking.

"The bean trade seemed to find some good buying support in the overnight trade after the big break on Friday," said Tomm Pfitzenmaier, analyst for Iowa-based Summit Commodity Brokerage.

China's soybean imports in October reached 3.73 million metric tons, a rise of 48% from a year earlier, China's General Administration of Customs said Monday. Confirming data released earlier this month, the government said total imports from January to October increased 26% to 43.9 million tons.

"There have been few signs that demand has been curtailed," Pfitzenmaier said.

Weakness in the dollar helped support soybeans in overnight electronic trading, but the dollar has since turned higher. That could limit gains, as a strong dollar makes U.S. commodities look more expensive to foreign buyers and discourages speculative traders from pouring money into the markets, an analyst said.

Volume is expected to be thin this week, with some market participants taking the week off for Thanksgiving. The CBOT is closed Thursday for the holiday.

In other news, dry weather in Argentina may add support to soybean futures as it is slowing planting, analysts said. The country's weather pattern looks drier and somewhat hotter than normal for the most part, according to Telvent DTN, a private weather firm.

-By Tom Polansek, Dow Jones Newswires; 312-341-5780;