After an extensive analysis of political currents in Central and South America, you conclude that the political situation will stabilize. As a result, you believe that coffee prices in the future will be lower than currently indicated by futures prices. Would you go long or short? Analyze the impact of a swing in coffee prices of 20 cents per pound in either direction if you have a 10-contract position, where each contract calls for delivery of 37,500 pounds of coffee.