Ok slíðrliga síðan
svangr — vas þat fyr lǫngu —
át af eikirótum
okbjǫrn faðir Mǫrnar,
áðr djúphugaðr dræpi
dolg ballastan vallar
hirðitýr meðal herða
herfangs ofan stǫngu.
Ok svangr faðir Mǫrnar át síðan slíðrliga okbjǫrn af eikirótum – þat vas fyr lǫngu –, áðr djúphugaðr hirðitýr herfangs dræpi ballastan dolg vallar stǫngu ofan meðal herða.
And the hungry father of Mǫrn <giantess> [= Þjazi] then ate horribly the yoke-bear [OX] from the oak-roots – that was long ago –, before the deep-minded retaining god of plunder [= Loki] could strike the very bold enemy of the earth [GIANT = Þjazi] with a pole from above between the shoulders.
[7] hirði‑: so all others, ‘hirð[…]’ R
[5, 7, 8] djúphugaðr hirðitýr herfangs ‘the deep-minded retaining god of plunder [= Loki]’: An unusual kenning, dependent, as a number of Haustl’s are, on the mythic narrative context. Loki is, probably ironically, described as ‘deep-minded’ because he tries to attack Þjazi with a pole (a plan that backfires), and he can be described as a hirðitýr ‘retaining god’ because he tries to keep the ox, which is stolen property or herfang ‘plunder, booty’, for himself and his divine companions.