Markets and Trade
AreaVenezuela
Commodity GroupGrains
CommodityWheat
Date01/03/2017
Policy CategoryConsumption and marketing
Policy InstrumentGovernment market intervention
DescriptionEnforced a rule that 90 percent of wheat must be destined to loaves rather than more expensive pastries and cakes. This measure aims to combat shortages and long lines for basic products that have characterized Venezuela’s economic crisis for the last three years.