…it seems likely that this is the end of the National Raisin Reserve, because I doubt the government will be interested in maintaining a program that actually costs taxpayers’ dollars to run, rather than just farmers’ raisins. It may also have an impact on the 20 other crops that are subject to market orders, from almonds to spearmint, though it seems safe to bet that these will be litigated, with the government strenuously arguing that the market orders for these crops are nothing like that nasty, unconstitutional, wrinkly old National Raisin Reserve.
More broadly, this is a welcome move to limit the government’s generally expansive notions of when it may take your property without payment. However, don’t get too excited, because it doesn’t do too much to limit eminent domain where compensation is offered, or “regulatory takings” in which government rules make your property practically worthless, but not quite so worthless that it has to pay you for the lost potential uses.
There’s a lot more work to do, particularly on civil forfeiture.