Exhibit 12
PILGRIM’S PRIDE CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
| Twenty-Six Weeks Ended | ||||||||
| June 26, 2011 |
June 27, 2010 |
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| (In thousands) | ||||||||
| Loss: |
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| Loss before income taxes |
$ | (254,229 | ) | $ | (45,583 | ) | ||
| Add: Total fixed charges calculated below |
61,478 | 62,321 | ||||||
| Less: Interest capitalized |
1,701 | (195 | ) | |||||
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| Total loss |
$ | (194,452 | ) | $ | 16,933 | |||
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| Fixed charges: |
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| Interest(a) |
$ | 55,646 | $ | 54,341 | ||||
| Portion on non-cancellable lease expense representative of the interest factor(b) |
5,832 | 7,980 | ||||||
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| Total fixed charges |
$ | 61,478 | $ | 62,321 | ||||
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| Ratio of losses to fixed charges |
(c) | (d) | ||||||
| (a) | Interest includes amortization of capitalized financing fees. |
| (b) | One-third of non-cancellable lease expense is assumed to be representative of the interest factor. |
| (c) | Earnings were insufficient to cover fixed charges by $255.9 million. |
| (d) | Earnings were insufficient to cover fixed charges by $45.4 million. |