Argentina grain market steadies amid Chicago futures closure for Juneteenth

On June 19, 2026, the price of Argentine wheat was quoted at ARS 295,610 per tonne, reflecting a recent increase driven by higher export demand, logistics constraints and stable harvest outlooks. Soybean quotations held steady while corn prices edged lower.

The market environment was shaped by the shutdown of the Chicago Board of Trade on the U.S. federal holiday Juneteenth, removing the principal international reference for grain prices. Local trading volume fell, with limited activity in wheat and soy and a modest downward adjustment in corn. At the same time, the Argentine peso weakened, with the official exchange rate moving to roughly ARS 1,452‑1,461 per US dollar.