That was a chick song. The girls in my class liked it, but secretly, I did too. Two BETTER songs from same book were:

Kookaburra sits in the old gum tree,
eating all the gumdrops he can see
Laugh Kookaburra! Laugh Kookaburra!
Save some there for me.

and

Donkeys like to munch on carrots.
Carrots don't like that at all.
Hee-haw! Hee-haw!
Listen to the silly call.

Sound familiar??

Odd note: My music teacher at the time became very ill. She was the first woman ever diagnosed with "Toxic Shock Syndrome", caused by tampons.