Exhibit 12

The J.M. Smucker Company

Computation of Ratio of Earnings to Fixed Charges

(in thousands of dollars)

	Three Months Ended July 31, 2012
Earnings before fixed charges:
Income before income taxes	$	167,265
Total fixed charges		30,054
Less: capitalized interest		(1,415	)
Earnings available for fixed charges	$	195,904
Fixed charges:
Interest and other debt expense, net of capitalized interest	$	23,882
Capitalized interest		1,415
Estimated interest portion of rent expense (a)		4,757
Total fixed charges	$	30,054
Ratio of earnings to fixed charges		6.5

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