Three key quotes from the article:

- In India, the top-producing country, heavy rains and pests have cut into cotton crops so much that the nation is importing supplies.

- In the US, the largest exporter of the commodity, a worsening drought is ravaging farms and is set to drag production to the lowest level in more than a decade.

- Brazil, the second-largest exporter, is battling extreme heat and drought that have already cut yields by nearly 30%.