Exhibit 12

The J. M. Smucker Company

Computation of Ratio of Earnings to Fixed Charges

(in millions of dollars)

	July 31, 2013
	Three Months Ended
Earnings before fixed charges:
Income before income taxes	$	189.5
Total fixed charges		29.8
Less: capitalized interest		(0.7	)
Earnings available for fixed charges	$	218.6
Fixed charges:
Interest and other debt expense, net of capitalized interest	$	24.0
Capitalized interest		0.7
Estimated interest portion of rent expense (a)		5.1
Total fixed charges	$	29.8
Ratio of earnings to fixed charges		7.3

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