"I Guess This Is Goodbye" is the 4th song of act I of Into The Woods. It is the 4th song in the Original Broadway Cast Recording, paired with "Maybe They're Magic."
Jack says goodbye to his beloved cow, Milky White. Leads into the next song, putting the guilt on the Baker.
Lyrics[]
[NARRATOR, spoken]
And the Baker gave Jack five beans in exchange for his cow, keeping one for himself.
[JACK]
I guess this is goodbye, old pal
You've been a perfect friend
I hate to see us part, old pal
Someday I'll buy you back
I'll see you soon again
I hope that when I do
It won't be on a plate