The invention relates to feed capable of improving the growth rate of beef cattle and a preparation method thereof. The feed is characterized by comprising the following raw materials in parts by weight: 256-320 parts of corn, 50-80 parts of bean meal, 30-40 parts of wheat bran, 180-200 parts of DDGS, 145-200 parts of corn fiber feed, 135-205 parts of rice bran meal, 5-10 parts of puffed urea, 20-30 parts of bentonite, 8-15 parts of baking soda, 15-25 parts of molasses, 5-8 parts of sodium sulfate, 5-7 parts of magnesium oxide, 5-10 parts of table salt, 10-13 parts of stone powder, 1-3 parts of yeast, 0.8-2 parts of bacillus subtilis, 10-15 parts of plant ash extract and 10-15 parts of premix. The feed capable of improving the growth rate of beef cattle obviously improves the palatability,feed intake and digestibility of the feed, improves the weight gain rate of the beef cattle, reduces the feed-gain ratio, improves the breeding economic benefit and also reduces the morbidity rate ofincidental diseases in the fattening process of the beef cattle.