A livestock feeding device is provided. The feeding device has a body member including a base portion, side walls and a top portion. The device also includes an inner volume defined between the side walls, the base portion and the top portion, wherein the inner volume receives hay for feeding livestock. The feeding device includes an aperture extending through the top portion to provide feeding access to the inner volume. The feeding device also comprises an consumption restriction plate for metering the amount of hay eaten by livestock, wherein the consumption restriction plate is adjustable up and down within the inner volume in response to the amount of hay within the inner volume.