CHICAGO, June 11 (Reuters) - Chicago Board of Trade wheat futures ended lower on Thursday, following declines in corn and soybeans while largely shrugging off bullish U.S. production data in a monthly crop report from the Department of Agriculture, traders said.

• CBOT July soft red winter wheat WN26 settled down 3/4 cent at $5.86-3/4 per bushel.

• K.C. July hard red winter wheat KWN26 ended up 4-1/4 cents at $6.34-3/4 a bushel.

• Minneapolis July spring wheat MWEN26 rose 1-1/2 cents to finish at $6.19-1/2 a bushel.

• CBOT and K.C. wheat futures climbed to session highs after the USDA lowered its forecast of U.S. 2026 wheat production for the 2026/27 marketing year to 1.543 billion bushels from 1.561 billion in May and below an average of analyst estimates.

• Production of hard red winter wheat, the largest variety grown in the U.S., was projected to fall to 497 million bushels, the lowest since 1957, following a drought in the Plains.

• However, the USDA raised its forecast of global wheat inventories remaining at the end of the 2026/27 marketing year to 275.42 million metric tons from 275.04 million in May, while analysts surveyed by Reuters on average had expected a slight reduction.

• In its weekly export sales report, the USDA showed net export sales of U.S. wheat in the week to June 4 at 666,300 metric tons, topping a range of trade expectations.

• In Germany, the farm cooperatives association DRV slightly raised its forecast of the country's 2026 wheat crop after beneficial rains, although the projection was still down 2.2% on last year's large crop.