The following information is from the Lutheran Church—Missouri Synod (LCMS) Website:
The church confesses to Christ, “You have the words of eternal life” (John 6:68). The church is encouraged to “Let the word of Christ dwell in you richly ...” (Col. 3:16). Psalm 1 teaches us to meditate on God's Word day and night. It is our great opportunity and joy to read and study God's Word. One beneficial practice is to memorize the Scriptures and, in so doing, to meditate on it. The LCMS invites everyone to join together memorizing a verse together each week.
Unless otherwise indicated, all Scripture quotations are from the ESV® Bible (The Holy Bible, English Standard Version®), copyright © 2001 by Crossway, a publishing ministry of Good News Publishers. Used by permission. All rights reserved. You may not copy or download more than 500 consecutive verses of the ESV Bible or more than one half of any book of the ESV Bible.