That really looks like the raw is corrupted I am afraid to report.
Do you have the original camera card with the raw on it and can you try copying it off that card and trying again? If you see the same results, it is likely that image is corrupted and I would be very careful with that camera card in the future.
Be sure to format that card in your camera.
Author “Color Management for Photographers" & "Photoshop CC Color Management/pluralsight"
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