FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   Seibel Donald 2. Date of Event Requiring Statement (Month/Day/Year) 01/01/2007 3. Issuer Name and Ticker or Trading Symbol FBL FINANCIAL GROUP INC [FFG] (Last) (First) (Middle) 5400 UNIVERSITY AVENUE 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Vice President - Finance 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) WEST DES MOINES, IA 50266 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Class A Common Stock 316 D   Class A Common Stock 1,768.49 I by Trust (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	  (2)	  (2)	Class A Common Stock	333.795	$ (3)	D	Â
Incentive Stock Option (right to buy)	01/20/2001(4)	01/20/2010	Class A Common Stock	1,395	$ 15.125	D	Â
Incentive Stock Option (right to buy)	01/15/2002(4)	01/15/2011	Class A Common Stock	3,929	$ 15.5	D	Â
Incentive Stock Option (right to buy)	01/15/2001(4)	01/15/2010	Class A Common Stock	438	$ 15.75	D	Â
Incentive Stock Option (right to buy)	01/15/2003(4)	01/15/2012	Class A Common Stock	3,945	$ 17.97	D	Â
Incentive Stock Option (right to buy)	01/15/2004(4)	01/15/2013	Class A Common Stock	4,039	$ 19.5	D	Â
Incentive Stock Option (right to buy)	01/15/2005(4)	01/15/2014	Class A Common Stock	3,322	$ 25.6	D	Â
Incentive Stock Option (right to buy)	01/17/2006(4)	01/17/2015	Class A Common Stock	4,573	$ 26.35	D	Â
Incentive Stock Option (right to buy)	01/16/2007(4)	01/16/2016	Class A Common Stock	1,943	$ 32.56	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Seibel Donald 5400 UNIVERSITY AVENUE WEST DES MOINES, IA 50266	Â	Â	  Vice President - Finance	Â

Signatures

Donald Joseph Seibel		01/05/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Reporting person holds 1,768.49 shares in a company sponsored 401(k) Plan. Ownership form is indirect and the nature of the indirect beneficial ownership is by trust.
(2)	The deferred stock units were accrued under the FBL Financial Group, Inc. Executive Salary and Bonus Deferred Compensation Plan and are to be settled upon the conclusion of service or a date specified by the reporting person.
(3)	None
(4)	Shares become exercisable annually, beginning one year from the date of grant, pro-rata during a five year period, subject to compliance with annual dollar limits for incentive stock option grants.

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