tl;dr: sriracha is selling for ~$40-$70 a bottle due to a shortage of red jalapeño crops, caused by climate change (specifically, extremely hot, dry weather as well as landslide effects from various climate events in the previous years). huy fong says sriracha is resuming limited production but did not specify when this production began or how limited it was.
wonder how they’d be doing if they didn’t try to screw over underwood ranches, who are apparently not having much trouble sourcing the peppers at all
It’s not entirely about demand. They screwed over their supplier and that’s a lot of it. You can buy from underwood ranch directly for $10/bottle plus shipping and they have it in stock so that tells me it isn’t just that jalapenos are unavailable. Maybe jalapenos are only unavailable to Huy Fong because nobody wants to sign a contract to grow for them.