**Exhibit 12**

**JohnDeere Capital Corporation and SubsidiariesComputation of Ratio of Earnings to Fixed Charges(millions of dollars)**
| ** **                                            | ** ** | **Six Months Ended  April 30,** | ** ** | **For the Years Ended October 31,** | ** ** |
|-------------------------------------------------------|------------|------------------------------------------------|------------|--------------------------------------------------------------|------------|
| ** **                                            | ** ** | **2007**                                       | ** ** | **2006**                                                     | ** ** | **2006** | ** ** | **2005** | ** ** | **2004** | ** ** | **2003** | ** ** | **2002** | ** ** |
| Earnings:                                             |       |                                           |       |                                                         |       |   |   |   |   |   |   |   |   |   |   |
| Income before  income taxes and changes in accounting |       | $                                              | 229.2      |                                                         | $          | 212.5 |   | $ | 442.7 |   | $ | 424.8 |   | $ | 410.6 |   | $ | 427.9 |   | $ | 371.0 |   |
| Fixed charges                                         |       | 418.9                                          |       | 332.4                                                        |       | 732.2 |   | 480.1 |   | 334.5 |   | 367.2 |   | 382.5 |   |
| Total earnings                                        |       | $                                              | 648.1      |                                                         | $          | 544.9 |   | $ | 1,174.9 |   | $ | 904.9 |   | $ | 745.1 |   | $ | 795.1 |   | $ | 753.5 |   |
|                                                  |       |                                           |       |                                                         |       |   |   |   |   |   |   |   |   |   |   |
| Fixed charges:                                        |       |                                           |       |                                                         |       |   |   |   |   |   |   |   |   |   |   |
| Interest expense                                      |       | $                                              | 417.0      |                                                         | $          | 329.1 |   | $ | 726.9 |   | $ | 473.2 |   | $ | 327.4 |   | $ | 360.1 |   | $ | 374.9 |   |
| Rent expense                                          |       | 1.9                                            |       | 3.3                                                          |       | 5.3 |   | 6.9 |   | 7.1 |   | 7.1 |   | 7.6 |   |
| Total fixed  charges                                  |       | $                                              | 418.9      |                                                         | $          | 332.4 |   | $ | 732.2 |   | $ | 480.1 |   | $ | 334.5 |   | $ | 367.2 |   | $ | 382.5 |   |
|                                                  |       |                                           |       |                                                         |       |   |   |   |   |   |   |   |   |   |   |
| Ratio of earnings to fixed charges*                   | ** ** | **1.55**                                       | ** ** | **1.64**                                                     | ** ** | **1.60** | ** ** | **1.88** | ** ** | **2.23** | ** ** | **2.17** | ** ** | **1.97** | ** ** |

 

“Earnings” consistof income before income taxes, the cumulative effect of changes in accountingand fixed charges. “Fixed charges” consist of interest on indebtedness,amortization of debt discount and expense, an estimated amount of rentalexpense under capitalized leases that is deemed to be representative of theinterest factor and rental expense under operating leases.

*                    TheCompany has not issued preferred stock. Therefore, the ratios of earnings tocombined fixed charges and preferred stock dividends are the same as the ratiospresented above.

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