The invention discloses a dendrobium cultivating medium. The dendrobium cultivating medium is prepared from pinecones, wood shavings and saw dust in a mixed mode, wherein the volume of the pinecones accounts for 50% to 70% of the total volume of the medium, the volume of the wood shavings accounts for 20% to 30% of the total volume of the medium, and the volume of the saw dust accounts for 10% to 20% of the total volume of the medium. The pinecones need to be subjected to early-stage processing; in other words, the pinecones need to be sterilized under the blazing sun for quite a long time or through boiling at high temperature; the wood shavings and the saw dust must be wood shavings and saw dust of pine trees or cedars and also must be subjected to early-stage processing. According to the dendrobium cultivating medium, in the main raw materials, the pinecones are waste in a pine forest area, the wood shavings and the saw dust are waste of a wood-working factory, all the raw materials can be obtained in a large-scale mode, the pinecones are not prone to rotting or generating insect damage, the service life of the medium is prolonged, and the cost of the medium is reduced; in addition, the air permeability of the pinecones is good, the good moisture preserving and fertilizer preserving characteristics are achieved, after the pinecones, the wood shavings and the saw dust are mixed to be used, the plant fixing requirement can be guaranteed, dendrobium grows robustly, the survival rate is high, the root system is well developed, and the yield is high.