The invention relates to a cow and goat milk beverage with ultrahigh hydrogen content and a production method of the cow and goat milk beverage. The hydrogen has the characteristics of oxidation resistance, inflammation resistance, cell apoptosis resistance, removal of hydroxyl radicals in a human body, removal of nitrite anions, non-toxicity, harmlessness and no residue to the human body. Under a normal state, the saturation solubility of hydrogen in liquid is influenced by factors such as liquid solute density, pressure intensity and temperature and limited by Henry's law, the hydrogen content of hydrogen-containing water under the normal state is only 1.6 PPM, and the hydrogen content of hydrogen-containing beverage is only about 10 PPM. According to the water content of the cow (goat) milk beverage and the Henry law knowledge, the water content in the cow (goat) milk beverage is reduced, the temperature of the cow (goat) milk beverage is reduced, and the filling pressure of hydrogen on the cow (goat) milk beverage is increased, so that the saturation solubility of the hydrogen in the cow (goat) milk beverage can be improved; and 13-15.4% of water can be evaporated while degassing is completed by adopting complete circulating evaporation degassing equipment, the temperature is reduced to about 10 DEG C, the water is pumped into a sterile tank, hydrogen is injected into the sterile tank through two gas-liquid mixers which are connected in series, and then the hydrogen is introduced into a sterile filling machine to obtain a product.