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Corn futures are trading mostly a couple cents lower to start the week, after closing down 2 to 3 cents on Friday. The Mar16 contract was down 6 1/4 cents for the week. The next installment of the USDA WASDE report will be released tomorrow. Traders expect 15/16 US corn ending stocks to be 1.815 bbu on average (Jan: 1.802 bbu). World ending stocks on average are projected to be 208.32 MMT (Jan: 208.94 MMT). Brazilian production is estimated to rise 0.2 MMT to 81.7 MMT, but Argentine production is projected to slip by 0.3 MMT to 25.3 MMT. Data from the CFTC showed that managed money reduced their net short position during the week ending Feb 2 by 27,718 contracts. The position held as of the close last Tuesday was still 59,479 contracts net short.