Exhibit 12

Smithfield Foods, Inc and Subsidiaries

Ratio of Earnings to Fixed Charges

(Dollars in Millions)

																39 weeks ended			52 weeks ended
	May 3, 1998			May 2, 1999			April 30, 2000			April 29, 2001			April 28, 2002			January 26, 2003			January 26, 2003
Earnings:
Income from continuing operations before income taxes (excluding capitalized interest)	$	81.0		$	143.4		$	120.0		$	357.3		$	317.8		$	32.1		$	70.5
Interest expense		31.9			40.5			71.9			89.0			94.3			73.2			96.1
Interest factor of rentals		7.2			7.2			10.0			12.1			14.1			10.7			14.0
Amortization of debt costs		0.6			0.9			0.9			1.1			1.8			2.3			2.9
Earnings as Adjusted	$	120.7		$	192.0		$	202.8		$	459.5		$	428.0		$	118.3		$	183.5
Fixed Charges:
Interest expense	$	31.9		$	40.5		$	71.9		$	89.0		$	94.3		$	73.2		$	96.1
Capitalized interest		2.5			2.4			3.3			2.6			1.8			1.9			2.4
Interest factor of rentals		7.2			7.2			10.0			12.1			14.1			10.7			14.0
Amortization of debt costs		0.6			0.9			0.9			1.1			1.8			2.3			2.9
Fixed Charges	$	42.2		$	51.0		$	86.1		$	104.8		$	112.0		$	88.1		$	115.4
Ratio of Earnings to Fixed Charges		2.9	x		3.8	x		2.4	x		4.4	x		3.8	x		1.3	x		1.6	x