“Augustine favors this view.”
This has already been shown to be false, that St. Augustine affirmed the Real Presence.
If you can’t get this part right, how can we trust you on anything else.
In any case, the meaning of the passage is clear. Christ is bodily present in the bread and the wine. This is why he insists that those who believe in Him take of Him.
“This has already been shown to be false,”
The only thing that’s been proven is that Catholics are good at repeating worn out arguments and asserting that things are proven false without actually proving anything.