Tuesday, July 21, 2015

Venezuela orders producers to divert food to state stores

A food industry group said Monday that Venezuela's government has ordered companies to distribute food staples to a network of state-run supermarkets amid chronic shortages of basic goods. Federal authorities ordered producers of milk, pasta, oil, rice, sugar and flour to supply between 30 percent and 100 percent of their products to the state stores, he Food Industry Chamber said. Chamber President Pablo Baraybar warned that the order could cause major supply problems. The chamber says there are 15 times as many private stores in the socialist South American country as state-run ones...more

 Welcome to the world of a government-controlled food production system.

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