What is wrong with cyrillic package?

The LH fonts package needs to be installed. It contains the missing file larm1000.mf from which mktextfm produces larm1000.tfm. Without that, LaTeX claims that the font cannot be loaded.

The LH package may be installed using tlmgr, which is the TeX Live package manager, or in your case by choosing an OS distribution package (also common on Linux) which bundles this and further font packages. As seen in the MacPorts TeX Live packages list, texlive-lang-cyrillic is the required package.

This installation solved the problem:

sudo port install texlive-lang-cyrillic texlive-fonts-extra