The invention provides a bactericidal liquid organic fertilizer, which comprises a liquid prepared from walnut skin, a nitrogen-phosphorus-potassium component, a surfactant, a solvent and fatty acid.According to the present invention, the alkaline substance in the walnut green skin and humic acid and other acidic substances form salt substances, such that alpha-oxidized walnut leaf quinone, beta-oxidized walnut leaf quinone and the like are easily dissolved in water, and easily infiltrate into the insect body through the antenna, the foot, the abdomen and other intersegmental membrane parts of underground pests under high-temperature, high-humidity and acidity conditions to damage the nervous systems of underground pests to a certain extent, such that the bactericidal organic fertilizeras the insecticide can sterilize crop diseases (such as peanut root rot nematode), can be used as the fertilizer to improve the soil bacterioflora for plant growth, and belongs to the environmentallyfriendly liquid-state bio-organic fertilizer, the production process is environmentally friendly, the solid material guarantee is provided for the organic agricultural ecological construction and thesustainable development, and the immeasurable social and ecological benefits can be achieved.