Estoy capturando el video usando UIImagePickerController, puedo recortar el video usando el siguiente código,

AVAsset *asset = [AVAsset assetWithURL:url];

//create an avassetrack with our asset
AVAssetTrack *clipVideoTrack = [[asset tracksWithMediaType:AVMediaTypeVideo] objectAtIndex:0];

//create a video composition and preset some settings
AVMutableVideoComposition* videoComposition = [AVMutableVideoComposition videoComposition];
videoComposition.frameDuration = CMTimeMake(1, 30);
//here we are setting its render size to its height x height (Square)

videoComposition.renderSize = CGSizeMake(clipVideoTrack.naturalSize.height, clipVideoTrack.naturalSize.height);

//create a video instruction
AVMutableVideoCompositionInstruction *instruction = [AVMutableVideoCompositionInstruction videoCompositionInstruction];
instruction.timeRange = CMTimeRangeMake(kCMTimeZero, CMTimeMakeWithSeconds(60, 30));

AVMutableVideoCompositionLayerInstruction* transformer = [AVMutableVideoCompositionLayerInstruction videoCompositionLayerInstructionWithAssetTrack:clipVideoTrack];

//Here we shift the viewing square up to the TOP of the video so we only see the top
CGAffineTransform t1 = CGAffineTransformMakeTranslation(clipVideoTrack.naturalSize.height, -20);

//Use this code if you want the viewing square to be in the middle of the video
//CGAffineTransform t1 = CGAffineTransformMakeTranslation(clipVideoTrack.naturalSize.height, -(clipVideoTrack.naturalSize.width - clipVideoTrack.naturalSize.height) /2 );

//Make sure the square is portrait
CGAffineTransform t2 = CGAffineTransformRotate(t1, M_PI_2);

CGAffineTransform finalTransform = t2;
[transformer setTransform:finalTransform atTime:kCMTimeZero];

//add the transformer layer instructions, then add to video composition
instruction.layerInstructions = [NSArray arrayWithObject:transformer];
videoComposition.instructions = [NSArray arrayWithObject: instruction];

//Create an Export Path to store the cropped video
NSString *outputPath = [NSString stringWithFormat:@"%@%@", NSTemporaryDirectory(), @"video.mp4"];
NSURL *exportUrl = [NSURL fileURLWithPath:outputPath];

//Remove any prevouis videos at that path
[[NSFileManager defaultManager]  removeItemAtURL:exportUrl error:nil];

//Export    
AVAssetExportSession *exporter = [[AVAssetExportSession alloc] initWithAsset:asset presetName:AVAssetExportPresetLowQuality] ;
exporter.videoComposition = videoComposition;
exporter.outputURL = exportUrl;
exporter.outputFileType = AVFileTypeMPEG4;

[exporter exportAsynchronouslyWithCompletionHandler:^
 {
     dispatch_async(dispatch_get_main_queue(), ^{
         //Call when finished
         [self exportDidFinish:exporter];
     });
 }];

Pero no sé cómo solucionar el problema de orientación. Al igual que la aplicación de instagram y vine, (es decir) si capturo el video incluso en modo horizontal, debe estar en modo vertical y debe recortar el video como cuadrado. Por favor, dame la solución ... estoy luchando con este problema ...