In the United States Margaritaville reached number eight on the Billboard Hot 100 chart, and went to number one on the Easy Listening chart, also peaking at #13 on the Hot Country Songs chart. Billboard ranked it number 14 on its 1977 Pop Singles year-end chart. It remains Buffett's highest charting solo single.
Bare bodkin is the salient point (no pun intended) of this line, so it gets the stresses. This creates a pyrrhic/spondee/iamb/iamb/iamb rhythm. Bodkin at the time meant a sharp instrument, much like an awl, used for punching holes in leather.
Making the world better, one answer at a time. Cotton is a plant. The seeds of the plant are contained in a roundish pod called a boll, and surrounded by a fibrous material. When immature, the bolls are green, and the fibrous material is wet. As the bolls mature, they turn black/brown, the fibrous material swells, and the bolls split open, after which the fibrous material dries. This is raw cotton.