UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT


                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934


               Date of earliest event reported: November 20, 2003

                        Date of report: November 24, 2003


                            Ferrellgas Partners, L.P.
                       Ferrellgas Partners Finance Corp.
                                Ferrellgas, L.P.
                            Ferrellgas Finance Corp.
                 _______________________________________________

             (Exact name of registrant as specified in its charter)



         Delaware                001-11331                   43-1698480
         Delaware                333-06693                   43-1742520
         Delaware                000-50182                   43-1698481
         Delaware                000-50183                   14-1866671
      --------------           --------------             ----------------
     (State or other           Commission file            (I.R.S. Employer
     jurisdiction of               number                Identification No.)
     incorporation)





                   One Liberty Plaza, Liberty, Missouri 64068
          ------------------------------------------------------------
          (Address of principal executive offices, including zip code)


       Registrant's telephone number, including area code: (816) 792-1600






ITEM 5.  OTHER EVENTS

JEF Capital Management,  Inc. is the holder of all of our issued and outstanding
senior units. Our partnership  agreement generally provides that we use the cash
proceeds  of any  offering  of our  common  units  to  redeem a  portion  of our
outstanding  senior units,  otherwise a "Material Event" would be deemed to have
occurred and JEF Capital  Management,  as the holder of our senior units,  would
thereafter have specified rights,  such as the right to convert the senior units
into common units or the right to register the senior units. By letter agreement
dated November 20, 2003, JEF Capital  Management  agreed to waive the occurrence
of a "Material Event" if we issue common units at any time and from time to time
on or prior to March 31,  2004,  and we do not use the cash  proceeds  from such
offering or offerings to redeem a portion of the  outstanding  senior units.  In
consideration  of the  granting  of the  waiver,  we agreed  not to  redeem  any
outstanding  senior units prior to March 31, 2004,  and to reimburse JEF Capital
Management  for its  reasonable  legal  fees  incurred  in  connection  with the
execution of the waiver.


         .
ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

         (c) The following material is filed as an exhibit to this Current
             Report on Form 8-K.

              Exhibit Number     Description
              --------------     -----------
                   4.1           Waiver and Acknowledgement of No Material Event
                                 dated November 20, 2003 by and among Ferrellgas
                                 Partners, L.P., Ferrellgas, L.P., Ferrellgas
                                 Inc. and JEF Capital Management, Inc.








     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrants  have duly  caused  this  report  to be signed on its  behalf by the
undersigned thereunto duly authorized.


                                          FERRELLGAS PARTNERS, L.P.

                                          By Ferrellgas, Inc. (General Partner)


Date: November 24, 2003                   By  /s/ Kevin T. Kelly
                                          --------------------------------------
                                              Kevin T. Kelly
                                              Senior Vice President and
                                              Chief Financial Officer



                                          FERRELLGAS PARTNERS FINANCE CORP.

Dated: November 24, 2003                  By  /s/ Kevin T. Kelly
                                          --------------------------------------
                                              Kevin T. Kelly
                                              Senior Vice President and
                                              Chief Financial Officer



                                          FERRELLGAS, L.P.

                                          By Ferrellgas, Inc. (General Partner)


Dated: November 24, 2003                  By  /s/ Kevin T. Kelly
                                          --------------------------------------
                                              Kevin T. Kelly
                                              Senior Vice President and
                                              Chief Financial Officer



                                          FERRELLGAS FINANCE CORP.

Dated: November 24, 2003                  By  /s/ Kevin T. Kelly
                                          --------------------------------------
                                              Kevin T. Kelly
                                              Senior Vice President and
                                              Chief Financial Officer





                                INDEX TO EXHIBITS


  Exhibit No.          Description of Exhibit
  -----------          ----------------------
     4.1               Waiver and Acknowledgement of No Material Event dated
                       November 20, 2003 by and among Ferrellgas Partners, L.P.,
                       Ferrellgas, L.P., Ferrellgas Inc. and JEF Capital
                       Management, Inc.