Question-and-Answer Session
(Operator Instructions) Our first question is coming from Paul Resnik of Olympia Asset Management.
Paul Resnik - Olympia Asset Management
I have a few questions. One, on the Superior, you identified a design issue. Is there any potential redress here against the design or contractor, or--?
Todd Becker
Yeah, thanks for the question, Paul. We're working hard on warranty and contractor issues and determining whether we are going to make a claim or not against that. At this point, we have not made that determination, but I will tell you we have made the fixes that were needed and our dryers have been running at around 97%, since this fix happened. But overall we do think we may have some recourse back to the construction company or the technology.
Paul Resnik - Olympia Asset Management
On the Agribusiness, which has seasonality, broadly, could you give me for the four quarters kind of what a normalized percentage would be relative to the full year as far as revenues? I mean did you do 15% in the first quarter and 30% in the second, something like that?
Todd Becker
Well, I don't know we have that available, but what we look at is, is where most of the profitability will come from the Agribusiness segment. How we look at our segment, we assume around 50% of the profit comes from the second quarter and 50% of the profit will come in the fourth quarter, assuming Q1 and Q3 are around breakeven.
Paul Resnik - Olympia Asset Management
Okay. Lastly, totaling up these numbers and the fact that margins have improved in the second quarter in the absence of non-recurring, it would look that all things being equal, you're on target for a profitable second quarter. Would that be a good estimate?
Todd Becker
I'll turn that over to Jerry to comment on that.
Jerry Peters
We don't provide any specific guidance, but as Todd said, the margins have improved nicely and again with the grain company, the Agribusiness segment being in its second quarter during planting, we would expect some positive results there.
Operator
Thank you. Our next question's coming from Peter Rohde of Kiplinger's Biofuels Market.
Peter Rohde - Kiplinger's Biofuels Market
Good morning. I'm wondering, with the environment improving, are you getting longer off-take agreements with blenders? And if so, how long?
Todd Becker
You know, we went from an environment where you could get longer sales contracts and they were expanding or going out further. We saw that contract to more of a 30- to 60-day kind of environment. We are starting to see interest across the blending environment, again with gasoline and ethanol spread coming into about even. We're starting to see a lot more interest in blending really in all of our Blendstar sites, as well as from our customer base and the market is starting to look a little bit longer to get some coverage.
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