The invention relates to a compound feed for improving a weaned pig fur. The compound feed comprises the following raw materials: corn, extruded corn, puffed rice, puffed soybean powder, puffed sorghum, peeled soybean meal, whey powder, soybean oil, a coating acidifying agent, phytase, coated zinc oxide, glucose, white sugar, imported fish meal, a vitamin premixing agent, a microelement premixing agent, organic iron, lysine, methionine, threonine, tryptophan, N-carbamylglutamate, an antioxidant, a mildew preventive, a sweetening agent, an antimicrobial peptide, konjaku flour and seaweed meal. The feed disclosed by the invention is reasonable and innovative in formula, and suitable for physiological characteristics of a weaned pig, and meets the comprehensive nutrient requirements of the weaned pig; the effects on the weaned pig fur caused by zinc oxide are reduced; meanwhile, the fur condition of the weaned pig is improved; and the weaned pig can be kept red in skin and bright in fur.