It’s not just you. Sriracha is hard to come by these days — at least for one popular brand.
For those still in stock, prices range depending where you look. As of Thursday morning, for example, ads for a single 17-ounce bottle on eBay stretched from around $20 to a whopping $150 — contrasting significantly from the price tags of other hot sauce brands, who don’t appear to have the same level of supply troubles.
“The main culprit here is a shortage of their primary ingredient, the red jalapeño chile pepper,” said David Ortega, a food economist and associate professor at Michigan State University. “And that’s due to climate change and the mega drought.” “Last year just couldn’t get the jalapeños that they needed,” Walker, who also specializes in chile pepper breeding, said — noting the contrast to other brands’ supply. “It really does come down to relations that individual processors have with their grower base.”
“People just stock up and that exacerbates the situation,” said Ortega, also an expert in consumer decision-making. “You have an increase in demand for the product, on top of these supply shocks. And prices have really nowhere to go but up.”Huy Fong, which was founded decades ago by David Tran, currently sources its chile peppers from various farms in California, New Mexico and Mexico.
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