As a major maker/manufacturer of premium store brand whole wheat bread, you are concerned that wheat prices may move beyond their current level of $10/bushel when the crop is ready, eight months from today. Therefore, you enter into the appropriate futures contract at the current spot price (hint, are you buying or selling wheat?). What is the position you take and your profit or loss, if eight months later, what is selling at the spot market for $6.50/bushel?