Fair Value Measurement (Tables)

12 Months Ended

Jul. 31, 2012

Assets and Liabilities Fair Value Heirarchy

	Asset (Liability)
	Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)		Total
July 31, 2012:
Assets:
Derivative financial instruments:
Interest rate swap agreements	$	-	$	7,784	$	-	$	7,784
Commodity derivatives propane swaps		-		1,049		-		1,049
Liabilities:
Derivative financial instruments:
Interest rate swap agreements	$	-	$	(1,778)	$	-	$	(1,778)
Commodity derivatives propane swaps		-		(12,069)		-		(12,069)
July 31, 2011:
Assets:
Derivative financial instruments:
Commodity derivatives propane swaps	$	-	$	7,637	$	-	$	7,637
Liabilities:
Derivative financial instruments:
Commodity derivatives propane swaps	$	-	$	(2,476)	$	-	$	(2,476)

Ferrellgas, L.P. [Member]

Assets and Liabilities Fair Value Heirarchy

		Asset (Liability)
	Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)		Total
July 31, 2012:
Assets:
Derivative financial instruments:
Interest rate swap agreements	$	-	$	7,784	$	-	$	7,784
Commodity derivatives propane swaps		-		1,049		-		1,049
Liabilities:
Derivative financial instruments:
Interest rate swap agreements	$	-	$	(1,778)	$	-	$	(1,778)
Commodity derivatives propane swaps		-		(12,069)		-		(12,069)
July 31, 2011:
Assets:
Derivative financial instruments:
Commodity derivatives propane swaps	$	-	$	7,637	$	-	$	7,637
Liabilities:
Derivative financial instruments:
Commodity derivatives propane swaps	$	-	$	(2,476)	$	-	$	(2,476)