PARIS/SINGAPORE (Reuters) - U.S. and European grains futures rose slightly on Friday, recovering from recent losses on a technical rebound, and traders said buyers were returning to the market for cargoes at current price levels. Dealers said the feed industry would aim to increase the use of corn as prices had fallen by a quarter since hitting historic highs in June. "Corn is rising after a free fall for weeks," said Nobuyuki Chino, president of Tokyo-based grains trading company Unipac Grain. "If corn stays at present levels, I am sure the feed industry will be encouraged to increase its use. I think it's a good price level now." Chicago Board of Trade corn for September delivery gained as much as 1.2 percent, or 7 cents, to $5.80 a bushel. It was trading up 0.65 percent at $5.76-3/4 by 5:30 a.m. EDT. Soy for August...
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