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Alliance Grain Traders Still Pulsing With Opportunity
- Pulse processing volumes have been strong, and the Canadian crop is looking good.
- The pulse-derived ingredients business offers 2x to 5x better EBITDA margin, but large companies like ADM are already in the market.
- Crop harvesting and processing is an inherently low-margin business, but Alliance shares look priced to generate double-digit returns.
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