Russia Sept livestock output -3.4% y/y, first decline in months

Rosstat data shows Russian agricultural organizations produced 1.13 million tons of livestock and poultry in September, down 3.4% year-on-year, marking a notable reversal from prior growth. The decline may signal tightening domestic meat supply, potentially pressuring food prices and inflation, though the cause (disease, input costs, or herd reduction) is not specified. This is a marginal but real supply-side signal for Russian agricultural markets.