The invention discloses a microcapsule insecticide-
fertilizer preparation, a preparation method and application thereof. The preparation consists of the following components in part by weight: 1 to 30 parts of 
pesticide microcapsules and 70 to 99 parts of 
nutrient substance. The preparation method mainly comprises the following steps of: after fully dissolving a 
pesticide with a 
solvent, adding a 
wall material monomer into solution and mixing uniformly; transporting a mixture into a shear dispersion reaction kettle which is filled with smashed 
capsule bodies; stirring the mixture and the 
capsule bodies so that the capsules fully absorb the solution; performing a shear dispersion reaction to form capsules; performing 
solid-liquid separation and 
drying to prepare the 
pesticide microcapsules; adding the 
nutrient substances into the pesticide microcapsules; and fully stirring and uniformly mixing to prepare the microcapsule insecticide-
fertilizer preparation. By using the microcapsule insecticide-
fertilizer preparation and the preparation method, the problems of the 
chemical compatibility and the 
physical stability of the conventional insecticide-fertilizer preparation in the same 
system are solved effectively. A product of the invention has the advantages of: shielding and slow-releasing functions, high 
chemical compatibility and 
physical stability, lasting pesticide effect, natural degradability, no environment 
pollution, low use cost and simple production process.