The pork industry is on pace for record losses

August 29, 2012 12:00:00 AM PDT
New numbers show the outlook for the final quarter could be as bad as in the late 1990's, when the value for hogs was nearly zero. Industry experts blame the problem on having more hogs than expected and record feed prices.

Farmers are trying to avoid euthanizing the hogs, but if the problem continues, they say they might not have a choice.