The invention relates to feed for pheasant juveniles and a preparation method thereof. The preparation method is to grind and mix 30 to 40 parts of corn, 2 to 8 parts of broomcorn, 2 to 10 parts of wheat bran, 15 to 30 parts of bean pulp, 3 to 10 parts of bean cake, 2 to 10 parts of yeasts, 5 to 15 parts of eggs, 6 to 15 parts of fish meal, 1 to 5 parts of bone meal, 0.1 to 1 part of methionine, 0.3 to 1 part of bone meal and 3 to 10 parts of Chinese medicine powder, wherein each 500 grams of Chinese medicine powder comprises 65 grams of astragalus, 100 grams of dandelion, 80 grams of honeysuckle, 80 grams of isatis root, 60 grams of folium isatidis, 30 grams of liquoric root, 30 grams of big head atractylodes rhizome, 30 grams of white paeony root, 20 grams of root of Chinese pulsatilla, 3 grams of borneol and 2 grams of realgar. In the feed for the pheasant juveniles, on the basis of ensuring the sound growth of livestock animals, according to life vulnerability of the pheasant juveniles, the mixing ratio of feed raw material components is reasonable and various Chinese medicine components are added, so that the common communicable diseases such as bursa of Fabricius, white diarrhea and infectious bronchitis of pheasant juveniles are inhibited effectively, and the death rate can reduce to 43 to 47 percent.