This is a Boll Weevil. It is a bug that feeds on cotton buds. It migrated into the Southern US in the late 19th century and destroyed the cotton industry. It had a massive impact on the South. Scientists started using traps to monitor them so they could eradicate them with pesticides like DDT. By the late 70s they were eliminated from every cotton growing state but Texas.
I am an illustrator who specializes in creating whimsical monsters and playful critters with a quirky style. Follow me on Twitter here.