In order to measure yield stress of PIM feedstocks simply and effectively, a yield stress measuring technique was developed by a vane method. The vane method had an advantage that there was no wall-slip, while it had a drawback that it could not measure viscosity change at various shear rates. A Newtonian fluid was tested for the appropriateness of the measuring technique. The end effect of a vane was checked to produce and acceptable error. The torque peak has been considered to be developed at yielding of non-Newtonian fluids with yield stress. However, it was influenced very much by control system of the instrument so that the torque value at the stable region was taken to calculate yield stress. Torque at zero rotational speed was obtained by extrapolating the torque values at various speeds to remove the effect of the rotational drag. As general verification, Yield stress of feedstocks made of Tungsten carbide powder with wax-based binder was measured at different temperatures and various powder concentrations.