Exhibit 12.1

The J. M. Smucker Company

Computation of Ratio of Earnings to Fixed Charges

(in millions of dollars)

	April 30, 2017 Year Ended
Earnings before fixed charges:
Income before income taxes	$	878.4
Total fixed charges	199.5
Less: capitalized interest	(0.8		)
Earnings available for fixed charges	$	1,077.1
Fixed charges:
Interest and other debt expense, net of capitalized interest	$	165.0
Capitalized interest	0.8
Estimated interest portion of rent expense (A)	33.7
Total fixed charges	$	199.5
Ratio of earnings to fixed charges	5.4

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