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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 RX2ISgOpX2O5cKt6mTErCGH2Mi8JOp5oVTA7tUm8mpTUPSKyvoaCiprx8KNR5vfY
 AT2/iN1UzOG6oTkEhZfNyg==

<SEC-DOCUMENT>0001391244-07-000040.txt : 20070702
<SEC-HEADER>0001391244-07-000040.hdr.sgml : 20070702
<ACCEPTANCE-DATETIME>20070702163258
ACCESSION NUMBER:		0001391244-07-000040
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070629
FILED AS OF DATE:		20070702
DATE AS OF CHANGE:		20070702

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FBL FINANCIAL GROUP INC
		CENTRAL INDEX KEY:			0001012771
		STANDARD INDUSTRIAL CLASSIFICATION:	LIFE INSURANCE [6311]
		IRS NUMBER:				421411715
		STATE OF INCORPORATION:			IA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		5400 UNIVERSITY AVE
		CITY:			WEST DES MOINES
		STATE:			IA
		ZIP:			50266
		BUSINESS PHONE:		5152255400

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Larson Paul E
		CENTRAL INDEX KEY:			0001291237

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11917
		FILM NUMBER:		07955781

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		515-987-5659

	MAIL ADDRESS:	
		STREET 1:		588 CHARDONNAY PT.
		CITY:			WAUKEE
		STATE:			IA
		ZIP:			50263
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgardoc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-06-29</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001012771</issuerCik>
        <issuerName>FBL FINANCIAL GROUP INC</issuerName>
        <issuerTradingSymbol>FFG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001291237</rptOwnerCik>
            <rptOwnerName>Larson Paul E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>5400 UNIVERSITY AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WEST DES MOINES</rptOwnerCity>
            <rptOwnerState>IA</rptOwnerState>
            <rptOwnerZipCode>50266</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Deferred Stock Units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2007-06-29</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>171.668</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>39.32</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>171.668</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2478.434</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">None</footnote>
        <footnote id="F2">The deferred stock units were accrued under the FBL Financial Group, Inc. directors deferred compensation plan and are to be settled upon the reporting person's conclusion of service.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>By: Robert Simons, per filed confirming stmt  For: Paul Larson</signatureName>
        <signatureDate>2007-07-02</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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