Either on the gas system. 16" will almost always have a midlength gas system, and that's a good combination. On 18" barrels, you'll find midlength and rifle length equally, in a barrel search. I've got an 18" miglength gas stainless barrel from Rainier Arms that is an absolute tack driver, and it doesn't kick like a mule or anything like that. It runs well. 16" midlength gas steel barrel from Faxon, and it is wonderful. Not overly loud at all, to the shooter, even with a 2 chamber brake on the end of it. It certainly sucks for anyone beside me, though... There are a couple more barrels in the large frame ARs I have, but those two above are great examples.
A 16" barrel will accomplish what you're seeking, as you stated above - 350 hunting, paper range out to 500... An 18" barrel might give you a little more in the fps range, but not much. The 16" is going to be more maneuverable, for sure, and 2" of extra barrel will affect the swing weight of the whole rifle, during hunting.