Originally Posted by
ORAC
About that plan of shipping Ukrainian wheat via the Danube-Rhine canal to the North Sea ports….
CHART OF THE DAY: Rhine barge costs beyond the chokepoint of Kaub are rising very fast, approaching the record high set during the 2018 drought.
Kaub water gauge stands at 62cm (down from 150cm in early July), and set to drop to 45cm by weekend. Below 40-35cm barge traffic stops…
If the Odessa port shipping option remains intact, it should ease the crunch considerably.
Afaik, there are over 20 ships waiting for clearance. No idea whether crews are on board though
Imho, the success of this effort depends on it working for both Russia as well as Ukraine. So any report of Russian fertilizer getting delivered would be evidence that the deal is being fully implemented.