A study with the objectives of assessing and documenting the management and utilization practices of different feed resources was carried out in Basona Worana district in the Central highlands of Ethiopia. The study was undertaken using group discussions, structured questionnaire and personal observations. Livestock ownership per household (7.44 Tropical Livestock Unit (TLU) was higher in the high than in the low (4.71 TLU) altitude zone. Native pastures, crop residues, grazing of crop stubbles and fallows lands were the major feed resources in the area. There were private, communal and riverside grazing areas. Although natural pasture and crop residues were produced in large amounts, their full and efficient utilization for livestock feeding has been hindered partly by economic problems and inadequate knowledge of the farmers. The major constraints for not applying different roughage treatment techniques were inadequate knowledge about the methods, lack of finance and accessibility to the methods. Raising the productivity of the pasture land by adopting sound management practices, growing productive and nutritious forages in association with food crops and identifying and correcting the most limiting feed nutrients by using supplements are among the options for resolving animal feed shortages. Training of farmers about feed resource utilization, management and the involvement of the government in improving the financial capabilities of farmers are very important.