The present invention relates to the technical field of new energy, and discloses a pellet fuel prepared by use of crops straw, the pellet fuel comprises the following raw materials by weight: 10-15 parts of cotton stalk, 10-15 parts of corn straw, 10-15 parts of peanut shell, 5-10 parts of dahurian larch sawdust, 5-10 parts of rice husk, 5-10 parts of soybean hulls, 3-5 parts of alumina, 3-5 parts of magnesium carbonate, 3-5 parts of calcium carbonate and 3-5 parts of pine oil. The pellet fuel utilizes the abandoned crops as the raw materials, and uses local materials, the product has the characteristics of being energy saving, environmentally-friendly, non renewable resource-saving, and the like, and eases the contradiction of the shortage of electric power and petroleum; the pellet fuel utilizes the crop straw as the main ingredient, is added with suitable amount of additives, is clean and environmentally-friendly, fully uses energy, and makes full use of waste biomass fuels, the raw material source range is wide, combustion rate is high, the pellet fuel is safe to use, and sustainable to use, bottom ash slagging rate is low, and the combustion pollution is less.