Exhibit 12.1

The J. M. Smucker Company

Computation of Ratio of Earnings to Fixed Charges

(in millions of dollars)

	April 30, 2016 Year Ended
Earnings before fixed charges:
Income before income taxes	$	977.9
Total fixed charges	204.7
Less: capitalized interest	(0.9		)
Earnings available for fixed charges	$	1,181.7
Fixed charges:
Interest and other debt expense, net of capitalized interest	$	173.0
Capitalized interest	0.9
Estimated interest portion of rent expense (A)	30.8
Total fixed charges	$	204.7
Ratio of earnings to fixed charges	5.8

(A) For purposes of this calculation, management estimates approximately one-third of rent expense is representative of interest expense.