The process of extracting lactic streptocin from fermented liquid has one four-stage filtering process including the first stage of sheet frame filtering to eliminate the culture medium grain and great amount of thallus from the fermented liquid, the second stage of micro filtering to eliminate the residual thallus and partial macro molecular hetero protein, the third stage of ultrafiltering with 1,000-5,000 dalton ultrafiltering membrane to eliminate water, inorganic salt, amino acid and small molecular weight organic matter, and the fourth stage of ultrafiltering with 10,000-50,000 dalton ultrafiltering membrane to eliminate hetero protein of molecular weight over 7,000 dalton, pigment and macromolecular impurity, and the subsequent crystallizing and drying to obtain powdered product. The process has the advantages of no pollution, high product quality, low cost, high yield and other advantages.