Mexican President Andres Manuel Lopez Obrador has agreed to a phaseout of glyphosate by the end of 2024, Reuters is reporting.

The announcement comes two months after the country’s secretary of environment and natural resources told the Mexican press the herbicide would be gradually removed from the market.

The country has been banning shipments, which a national agricultural organization has warned would cost farmers $3.4 billion this year.

“The inventories are running out,” National Agricultural Council President Bosco de la Vega said, according to Mexico News Daily. “We as farmers don’t have glyphosate for the … fall-winter cycle. If [the government] doesn’t lift restrictions so that imports can continue, the only thing it’s going to achieve is a major drop in the production of foodstuffs in the country.”

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Reuters said the president made the announcement following the leaking of an audio of Environment Minister Victor Manuel Toledo "criticizing the government for internal contradictions during a private meeting."

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