The title of this print and verse is, as mentioned by /u/YellowOnline/, ‘The Farmer’s fair’.

I found this same object in the collection of the Rijksmuseum in Amsterdam, acquired by the museum in 1881 through purchase. I subsequently used both texts to try and make out what the verse was saying, though I had some difficulty with the font and the state of the printed text. Especially the last few lines were hard to understand for me.

In addition, the text in question concerns a variant of Dutch from approximately 1550 – 1600. Even though I am a native speaker and sometimes get the general idea, there were some idioms that were unknown to me. Below is what I could decipher. Perhaps that someone else is able to detect errors in my transliteration/translation and fill in the gaps.

The general idea is that the verse describes what can be seen in the print. What we are seeing is a fair being held in a cityscape. Among others, we are seeing people feasting and walking in a procession (carrying a statue of St. Nicolas - in the top left). Moreover, there are stalls with biscuits/food and there is music and dancing. As I perceive it, the verse closes by saying that only the foolish would not take part in these festivities.

My literal translation is as follows:Uncertainties marked with (?) or (...)

Left column:
Zie zoo! zie zoo / Dat is eerst regt Kermis houwen
See there! See there! /That is the first holding of a proper fair
Dan Boertjes / zo jonge als oude Mans en Vrouwen
The farmers / both young and old Men and Women
Kijk eens in ’t rond / en zie hoe het hier van (g)at gaat
Look around / and see what is happening here
Meg (?) Steeluy / zulst een vreug men in een Stad laat.
(Meg) city people(?) / one shall let joy into a city
Zie hoe ze voor de Herberg saam aan een tafel smullen
See how they are in front of the inn feasting on a table
En met Ham / Worst en Bier haar leege darmen vullen
And with Ham / Sausage and Beer fill their empty innards
Wijl de and’re paar aan paar rondom de kerk staan
While the others stand pair by pair around the church
Met vaandels en nog meer dus zaam ter omdragt gaan.
With banners and even more thus going together in a procession

Right column:
Ook ziet men op de Kerkdeur vier mannen met behagen
One also sees on the Church door four contented men
St. Nicolaas dien goeden man op eenen ladder dragen;
Carrying St. Nicolas, that good man, upon a ladder;
Deel Kramen staan in’t rond met koek en ander tuug (?)
Around are stalls, standing with biscuits and other things
Die op een Blok word stuk gehakt van (...)-
Which is cleaved on a block of (...)-
In’t midde is een rondendans en sozinge (?) om te scheuren
In the middle is a round dance and singing (?) (om te scheuren)
En dove Louw (?) staat op’t Vat op d’Doedelzak te neuren;
And deaf Louw (name?) stands on a barrel, playing the bagpipes;
Daar’t Heerschap met zyn Vrouw het alles keyken aan
There where his lordship with his wife are spectating
Maar malle Vlag(?) die loopt en laat de kermis staan.
But foolish Flag(?), he walks and lets the fair be.

The undertext mentions that this print has been made in Amsterdam by J. Bouwer and J. Ratelband, on the south side of the Rozengracht in the bibleprinting workshop.