The invention provides a lactating sow feed capable of increasing the milk yield and a preparation method thereof, and relates to the technical field of feeds. The feed is prepared from the following raw materials: corn, bean cake, peanut cake, wheat bran, fish meal, bone meal, shell powder, salt, a functional additive, and green feed; wherein the functional additive can promote the appetite and lactation of sows and enhance the immunity of sows, and the green feed is a feed composition, which contains multiple vitamins and is low in lignin. The provided lactating sow feed is green and safe and has comprehensive nutrients. Traditional Chinese herbals are added, the feed cost is reduced, moreover, the lactation of sows is promoted, and the feed utilization rate is improved. The taste is better accepted by sows, the appetite of sows is promoted; at the same time, the milk quality is improved, the incidence and death rate of piglets are largely reduced, and the economic benefits are increased.