The invention belongs to the technical field of pasture storage, and discloses a storage bin for improving pasture storage performance and a storage method thereof. Pasture in the storage bin is stored and safely monitored through a supporting module, a data acquisition module, a ventilation module, a fire-fighting module, a rat repelling module and a control module. According to the storage bin,the pasture is placed on a supporting frame and separated from the ground, a mildew preventive mixture is sprayed to a bottom layer part, the pasture can be prevented from mildewing, the stored pasture is detected and protected from the aspects of temperature, humidity and the like, nutritional ingredients of the stored pasture can be reserved to the maximum extent, and the pasture storage performance is improved; and through the arrangement of the fire-fighting module and the rat repelling module, fire protection and rat repelling protection can be conducted on the interior of the storage bin, the pasture storage safety is improved, and the problems that in the prior art, pasture deterioration is frequently caused by improper pasture storage, pasture mildewing is likely to happen in a serious situation, and the pasture nutrient substance loss is caused are solved.