SOS. There’s a Sriracha Shortage
Business Wars Daily
Audible
4.6 • 717 Ratings
🗓️ 21 June 2022
⏱️ 5 minutes
🧾️ Download transcript
Summary
Today is Tuesday, June 21, and we're looking at Huy Fong, Inc. vs. The McIlhenny Co.
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Transcript
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| 0:00.0 | Wonderly Plus subscribers can listen to Business Wars daily ad-free right now. |
| 0:04.8 | Join Wonderly Plus in the Wondery app or on Apple Podcasts. |
| 0:08.5 | If you or someone you care about has cancer, |
| 0:11.5 | Macmillan Cancer Support's online community is here to help from day one. |
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| 0:46.7 | To join, search McMillan online community. |
| 1:06.6 | The United States From Wondry, I'm David Brown, and this is Business Wars Daily on this Tuesday, June 21st. |
| 1:08.3 | Happy first day of summer, everyone. |
| 1:10.8 | I thought it was already here. A heads up to listeners, |
| 1:12.4 | today's episode's going to get a little spicy. If you can't get enough of the hot stuff, |
| 1:16.9 | and by that I mean hot sauce, of course. This summer may be a rough one. Hoi Fong Foods, one of the |
| 1:23.0 | world's top Asian hot sauce makers, has halted production of its beloved Sri Racha's sauce. Say it ain't so. |
| 1:30.3 | It's also stopped making its chili garlic and sambal ulic products, Bloomberg reports. |
| 1:35.8 | That's caused shortages among stockists, and the shortage will last throughout the summer. |
| 1:40.4 | The company says, quote, several spiraling events, including crop failure in the spring chili harvest have made production impossible. |
| 1:48.2 | Hoyfong sources its chili peppers from local suppliers in California. |
| 1:52.5 | The shortage didn't come without warning. |
... |
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