The CBOT day session opened one hour late on Tuesday, 2 October 2007 due to technical problems. According to WPI's Bob Kohlmeyer: It was clear that professional and institutional investors and funds were paring long positions in a variety of markets, so it was expected they would do the same in agricultural futures. There was already plenty of selling pressure building before the CBOT opening. When the opening was delayed an hour, the pressure intensified. When markets did finally open, waves of sell orders quickly drove many contracts down their respective daily limits...