The invention provides a compound silkworm feed and a production method thereof. The compound silkworm feed is made from germ-free fly larvae, antibiotics, amino acids, Chinese medicinal herbs, glucose, mung bean powder, lotus root powder, flour and egg. The production method comprises the following steps: mixing the above powder materials, adding beaten egg, stirring with a blender and oven-drying to obtain the final product. Compared with the prior art, the compound feed can improve the adaptive ability of silkworms to the external environment, increase the body weight of individual silkworm cocoon, increase the yield by 15-20%, increase the proportion of high-quality silkworm cocoon, and shorten the silkworm rearing period by 1-2 days. Additionally, the compound feed can enhance disease resistance and immunity of silkworms, can prevent gastrointestinal diseases, viral diseases, bacterial diseases and fungal diseases in silkworms, with effectiveness above 90%, and has no bad influence on growth and reproduction of silkworms.