AWB Says Rain Likely to Damage Australia Harvest, Wheat Quality

By Madelene Pearson

Nov. 21 (Bloomberg) -- AWB Ltd., Australia's largest wheat exporter, said recent rain in northern New South Wales and Queensland state is likely to damage the current wheat harvest.

``This is expected to have a negative impact on the quality of some of the wheat remaining to be harvest in these areas,'' Stuart Richardson, AWB's general manager Australian commodities, said today in a statement sent by fax.

To contact the reporter on this story: Madelene Pearson in Melbourne on mpearson1@bloomberg.net