It concerns a native farmer besieged by a tree-bound leopard that has apparently broken his fences, torn his medicine bags and stifled his wives' sensuality.
Nonetheless, while bathing late at night, "when the moon is high" (7), they make an exhibition of themselves, splashing the "cold mountain stream water on their nipples" (9), removing their skirts and imprecating loudly.
Although the wives "fetch cold mountain water" (25) and "crush the sugar cane" (26), they decline to touch their husband's "beer horn" (27).
With his fences broken, his medicine bags torn and the post at his gate fallen, the speaker's pubic hair is singed (burnt, charred).
The speaker uses the imagery of a leopard to mean stealthy and dangerous, he goes further to suggest that they are of the same womb, from which we can infer that he speaks of a brother; older, and with more status than he.