The invention discloses a ruminant feed and a preparation method of the ruminant feed. The ruminant feed comprises the following materials in parts by weight: 70-120 parts of needle mushroom roots, 10-20 parts of bran, 5-10 parts of rice bran, 5-20 parts of bean meal, 5-20 parts of coarse cereal, 5-15 parts of herb of dandelion, 3-7 parts of sow thistle, 3-8 parts of nano montmorillonite and 1-5 parts of a microbial preparation, wherein the microbial preparation comprises streptococcus bovis, ruminobacter amylophilus, ruminococcus flavefaciens, and the coarse cereal is one or more of maize flour, black rice powder, tartary buckwheat, ormosia, mung beans and broad beans. The preparation method comprises the steps of mixing, fermenting, drying, pelleting, and the like. According to the ruminant feed and the preparation method, the needle mushroom roots serve as a principal raw material for preparing the ruminant feed, fermentation is sufficient, and a small number of streptococcus bovis, ruminobacter amylophilus and ruminococcus flavefaciens in a rumen of a ruminant are introduced to the stomach of the ruminant through the feed, so that the digestion rate and the feed intake are increased, and the fattening is realized.