Abstract: A livestock feeder wagon includes a floor having as peripheral side wall extended upwardly therefrom to define a shallow open-topped manger for receiving and dispensing a variety of feeds. A peripheral outer rack extends upwardly from adjacent the periphery of the manger and includes a plurality of horizontally spaced apart upright outer bars, each adjacent pair defining a first feed opening. An inner rack is situated interiorly of the outer rack and includes a plurality of horizontally spaced apart inner bars extending downwardly and inwardly from the outer rack with each adjacent pair of inner bars defining a second feed opening. The lower end of each inner bar extends through a respective hole in the floor of the wagon in slide fit relation so that the inner bar is free to flex through a limited vertical movement relative to the floor whereby the inner rack acts as a shock absorber to protect both the feeder wagon and the livestock.