During a thunderstorm, the farm animals are frightened out of the barn by a monster, and only cow friends Minnie and Moo are brave enough to investigate.
When Minnie and Moo discover that the Farmer has, once again, forgotten where he hid the children's Christmas presents, they use Clement Moore's famous poem as a how-to book and deliver the gifts themselves.
Trying to help Mr. Farmer with his finances, Minnie and Moo go to the bank to ask for money and are mistaken for the Bazooka sisters, dangerous outlaws.