Exhibit 12.1

The J. M. Smucker Company

Computation of Ratio of Earnings to Fixed Charges

(in millions of dollars)

	July 31, 2015
	Three Months Ended
Earnings before fixed charges:
Income before income taxes	$	222.8
Total fixed charges		50.5
Less: capitalized interest		(0.4	)
Earnings available for fixed charges	$	272.9
Fixed charges:
Interest and other debt expense, net of capitalized interest	$	44.8
Capitalized interest		0.4
Estimated interest portion of rent expense (A)		5.3
Total fixed charges	$	50.5
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.