In light of the transition from irrigated to dryland cotton production on the Southern High Plains of Texas, questions arise as to the relative profitability of alternative dryland crop rotations. A daily crop growth simulation model was used to estimate yield and the resulting profit distributions for four dryland crop rotations under two levels of output prices. Stochastic dominance was utilized to rank each rotation for different risk aversion intervals. Results indicate that the practice of continuous cotton production is dominated in the dryland case by the remaining crop rotations considered. Exact ranking of the rotations varied with the producer's attitude toward risk, discount rate, and the relative price of outputs.