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Tuesday November 30, 2021

updated - November 30, 2021 Tuesday EST

McDonald's Ketchup Shortage: Argentina Locations Expect to Have Full Supply of Packets Soon

Feb 07, 2014 04:21 PM EST | By Justin Stock
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McDonald's, ketchup, Shortage, supply, argentina
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McDonald's is in the process of rectifying its ketchup packet shortage in Argentina. 

McDonald's sent out an apology Tuesday due to the packets prolonged short supply Fox News reported Friday.

"We would like to inform our followers that the shortage of ketchup in local McDonalds' is temporary, and will be resolved soon. We are handing out packages of other sauces in the meantime," McDonald's said in a post on the company's Twitter account.

"People are adopting defensive measures to survive," Jorge Raventos, a political analyst told Fox News. "People endure this by zig-zagging along, but it's hard to know how much they can take before they explode," Fox News reported. Raventos also used to be a spokesman for Argentina's foreign relations ministry.

The shortage is reportedly not apparent regularly, but has been noticed.

"The problem varies from week to week, product to product, but it's largely related to Argentina's foreign exchange controls," Jimena Blanco, senior Latin America analyst at Maplecroft Global Risk Analytics told The Independent.

"In this case, it appears that the sachets are packaged in Chile," "McDonald's Argentina may have the cash to pay for it in pesos - it's the lack of access to dollars that's usually a problem for Argentine companies," Blanco told The Independent.

Ketchup struggles have spanned the globe where McDonald's has over 34,000 locations.

The restaurant chain last chose to do away with Heinz in the early 1970s when the company could not supply the fast food restaurant chain with ketchup because they did not have enough tomatoes according to The Pittsburgh Post-Gazette.

The franchise restaurant chain chose to permanently end its relationship with Heinz in October following Bernardo Hees, CEO at Burger King move to Heinz The Post-Gazette reported.

Heinz used to supply 90 percent of McDonald's ketchup and pickles according to author John F. Love's book from 1986 entitled "McDonald's: Behind the Arches" The Post-Gazette reported.

3G capital and Warren Buffet's Berkshire Hathaway bought Heinz this year in a partnership.

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