Exhibit 12

The J.M. Smucker Company

Computation of Ratio of Earnings to Fixed Charges

(in millions of dollars)

	Year Ended April 30,
	2013			2012			2011			2010			2009
Earnings before fixed charges:
Income before income taxes		817.3			701.2			717.2			730.8			396.1
Total fixed charges		119.4			105.8			90.6			84.3			75.6
Less: capitalized interest		(4.7	)		(5.7	)		(1.8	)		(0.8	)		(0.9	)
Earnings available for fixed charges		932.0			801.3			806.0			814.3			470.8
Fixed charges:
Interest and other debt expense, net of capitalized interest		95.0			81.3			69.6			65.2			62.5
Capitalized interest		4.7			5.7			1.8			0.8			0.9
Estimated interest portion of rent expense (a)		19.7			18.8			19.2			18.3			12.2
Total fixed charges		119.4			105.8			90.6			84.3			75.6
Ratio of earnings to fixed charges		7.8			7.6			8.9			9.7			6.2

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