CHICAGO, June 12 (Reuters) - Chicago Board of Trade wheat futures turned lower on Friday on a strong global supply of wheat, traders said.

• CBOT July soft red winter wheat WN26 fell 2-1/4 cents to $5.84-1/2 per bushel.

• K.C. July hard red winter wheat KWN26 ended down 1/4 cent at $6.34-1/2 a bushel.

• Minneapolis July spring wheat MWEN26 fell 1-1/4 cents to $6.18-1/4 a bushel.

• The U.S. Department of Agriculture on Friday 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, 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 level 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.