In Venezuelan cuisine, an hallaca (alt. spelling, "hayaca") typically involves a mixture of beef, pork, capers, raisins, and olives wrapped in maize (cornmeal dough), bound with string within plantain leaves, and boiled or steamed afterwards. It is typically served during the Christmas holiday.
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The traditional hallaca is made by extending a plantain leaf, greasing it with a spoonful of annatto-colored cooking oil and spreading on it a round portion of corn dough (roughly 30 cm), which is then sprinkled with various fillings. While no two families make hallacas in quite the same way, the most common fillings include a mix of stewed meats (pork, poultry, beef, lard, crisp or pork rind), raisins, nuts, pepper filled olives, almonds and occasionally boiled eggs.
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The filled dough is then skillfully wrapped in an oblong fashion and tied with string in a typical square mesh before its cooking in boiling water. Afterwards, it is picked from the pail with a fork, unwrapped and served on its own plantain leaves with chicken salad, pan de jamón (ham filled bread) or plain bread. In the Andean region, the filling is cooked with the rest of the hallaca, while in the rest of the country it is usually cooked beforehand.
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The ideal hallaca has a silky golden-reddish glow. In taste, it aims to balance the saltiness of the meats and olives with the sweetness of the raisins and of the dough itself.
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After making a number of hallacas, the remaining portion of ingredients is occasionally mixed together in order to obtain a uniform dough. The dough undergoes the same hallaca wrap and cooking preparation, although typically smaller in size and much fewer in number. The result is the bollo, which may be offered as a lighter option to the hallaca at breakfast, lunch, or dinner.

After cooking, hallacas can be frozen for several weeks with no change in flavor. It is common for families to eat hallacas as late as May or June of the next year.

Ingredients differ from region to region and from family to family. It is not uncommon to find hallacas with chickpeas, tomato, bell pepper, pickled vegetables, and garlic. Potatoes are included in the Andean variation. Also, some of the traditional ingredients may be substituted by local variants such as fish and lobster (East Coast) and plantain dough (Maracaibo).