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.
The terminology described here contrasts the differences in definition between the United Kingdom and other British influenced parts of world such as Canada, Australia, New Zealand, Ireland, and the United States. An intact (i.e., not castrated) adult male is called a bull. A wild, young, unmarked bull is known as a micky in Australia. An unbranded bovine of either sex is called a maverick in the USA and Canada. An adult female that has had a calf (or two, depending on regional usage) is a cow.