The slow-talking Southern wolf sounds like an early Huckleberry Hound. Talented voice artist Daws Butler voiced both characters as well as many other Hanna-Barbera cartoons. And his dreaming of lamb dishes could have been an inspiration for the shrimp dish discussion in Forrest Gump (1994).
The wolf sports what looks like a U.S. Civil War era cap. He also whistles a tune from that time, known as "Kingdom Coming" or "Jubilo".
Although the automatic guided missile is meant to be a joke, it became modern military technology a few decades later.
This short might have been a wink and a nod to the WB duo of Sam Sheepdog and Ralph Wolf, who first appeared in Don't Give Up the Sheep (1953).