When the Blockheads' E-Z Loan company threatens to seize the farms belonging to small farmers who struggle to keep up with payments, Gumby Dal McKennon and his band The Clayboys organize a heartfelt benefit concert to rally support and save the farms from foreclosure. The scheme’s shadowy gears start turning as the villains spot a quirky vulnerability: Gumby's dog Lowbelly Bonnie Randolph cries pearls whenever The Clayboys perform, a sight they initially treat as a strange but useful bargaining chip. They kidnap Lowbelly and force him to cry pearls, unaware that Lowbelly's pearls appear only when Gumby shifts shapes, a twist that adds a layer of comic misunderstanding to their ransom plot.
Realizing they need Gumby to extract the pearls, the Blockheads escalate their plan by kidnapping Gumby and the Clayboys to fashion robotic clones of the whole group, hoping to flood their world with pearl-producing stand-ins. With the crafty help of Pokey and Prickle, along with Goo and a circle of supporters—fans Tara and Ginger, as well as talent agent Lucky Claybert—Gumby also leans on the guidance of his family, including Gumbo and his tiny bee Groobee, in a bid to outsmart the mechanical doppelgängers. Pokey [Art Clokey], Prickle [Art Clokey], Goo [Gloria Clokey], and the other allies work to keep the real team ahead of their slick replicas, leading to a tense, crook-filled confrontation that culminates in a race against the clock to ensure the videotaping session goes off as planned.
At a sunny picnic, Gumby announces a bold new venture: he will open his own farm-centered loan company designed to offer reasonable loans for farmers, a move that gains momentum with the backing of Claybert. The revelation reframes the battle as one for economic fairness as much as for personal friendship, signaling that the fight against the Blockheads isn’t just about saving a single harvest but about building a sustainable way to support rural communities. In a lighthearted but pointed turn, the Blockheads are eventually made to weed Gumby's garden as a corrective consequence for their misdeeds, a playful reminder of the moral that greed and predation rarely win in the long run.
With the stage set, the concert finally unfolds, and the performance becomes more than a showcase—it’s a turning point that demonstrates the power of cooperation and community. Gumby, backed by his allies and the spirit of resilience, pushes through the challenge of the robot clones to deliver a triumphant moment on screen, all while keeping true to his pledge to protect the farms and the families who depend on them. The victory feels earned, not flashy, underscored by the sense that practical support—like fair loans—can help sustain real-world livelihoods.
In the end, Gumby and Pokey head back to outer-space, their mission accomplished and their bond strengthened, knowing that their creative effort has saved the farms and inspired a smarter, more humane approach to financing rural life.