The invention relates to a Ku-frequency-band transmitting-receiving linear and circular polarization multiplexing feed source network that is formed by combination of a Ku-frequency-band transmitting-receiving four-port network and a Ku-frequency-band linear and circular polarization switching network. The Ku-frequency-band transmitting-receiving four-port network consists of a door torsion type partial wave head, two U-shaped bending waveguides I, two U-shaped bending waveguides II, two broadband waveguide magic units T, two waveguide loads, two Z-shaped bending waveguides I, a +45-degree twisted waveguide, a -45-degree twisted waveguide, a phase compensation waveguide, two Z-shaped bending waveguides II and two transceiver frequency duplexers. Besides, the Ku-frequency-band linear and circular polarization switching network includes four waveguide switches, four E-plane bending waveguides, two U-shaped bending waveguides III, two U-shaped bending waveguides IV, two EH dual-plane bending waveguides, a receiving-frequency-band +/45-degree phase shifter, a transmitting-frequency-band +/- 45-degree phase shifter and two waveguide magic units T. According to the invention, the waveguide switches are used as linear and circular polarization switching components, so that switching is carried out rapidly and the in-place rate is high; and the airtightness of the feed source network is guaranteed. Meanwhile, the network has characteristics of compact structure, debugging avoidance, and excellent standing-wave, axial-ratio, and port isolation performances.