Exhibit 21

LIST OF RALCORP HOLDINGS, INC. SUBSIDIARIES

Aiko Acquisition Corporation	Ralcorp Frozen Bakery Products, Inc.
State of Incorporation: Nevada	State of Incorporation: Delaware
Bloomfield Bakers, A California	Ralcorp Receivables Corporation
Limited Partnership	State of Incorporation: Nevada
State of Incorporation: California
Bremner Food Group, Inc.	Ralston Food Sales, Inc.
State of Incorporation: Nevada	State of Incorporation: Nevada
Community Shops, Inc.	RH Financial Corporation
State of Incorporation: Illinois	State of Incorporation: Nevada
Cottage Bakery, Inc.	Ripon Foods, Inc.
State of Incorporation: California	State of Incorporation: Wisconsin
Flavor House Products, Inc.	Sugar Kake Cookie Inc.
State of Incorporation: Delaware	State of Incorporation: Delaware
Heritage Wafers, LLC	The Bun Basket, Inc.
State of Incorporation: Wisconsin	State of Incorporation: Michigan
LH Acquisition, LLC	The Carriage House Companies, Inc.
State of Incorporation: Utah	State of Incorporation: Delaware
Lofthouse Bakery Products, Inc.	Waffle Holdings Ltd.
State of Incorporation: Nevada	Organized under the laws of British Columbia, Canada
Lovin Oven, LLC	Western Waffles Corp.
State of Incorporation: California	Organized under the laws of British Columbia, Canada
Maggie Acquisition Corporation	Post Foods, LLC
State of Incorporation: Nevada	State of Incorporation: Delaware
Medallion Foods, Inc.	Post Foods Canada Corp.
State of Incorporation: Arkansas	Organized under the laws of British Columbia, Canada
National Oats Company	RAH Canada Limited Partnership
State of Incorporation: Nevada	Organized under the laws of the Province of Alberta, Canada
Nutcracker Brands, Inc.
State of Incorporation: Georgia
Parco Foods, L.L.C.
State of Incorporation: Delaware
PL Financial Incorporated
State of Incorporation: Nevada