2012 Annual Report 1a.Objectives (from AD-416): Develop new and improved high oleic peanut varieties with value-added traits that are adapted to perform optimally in Oklahoma and Texas. 1b.Approach (from AD-416): Through traditional breeding techniques, breeding lines with value-added traits will be established and tested for promising performance in Oklahoma and Texas. Variety trials conducted across the state of Oklahoma by the cooperator will be crucial to variety release. 3.Progress Report: Four variety trial locations were planted and harvested in SW Oklahoma (Erick, Hydro, Fort Cobb, and Thackerville, OK) during the 2011 growing season. Several lines under the cooperative agreement were tested at all four locations. Each entry was harvested, and yield and grade were determined. Data was summarized and shared with producers, Extension personnel, crop advisors, and other researchers. The year was challenging due to extremely hot and dry conditions but valuable data was collected that will help enable us to identify superior peanut varieties for the region.