The yellow-headed caracara (Milvago chimachima) is a bird of prey in the family Falconidae, the falcons and caracaras. It is found in Nicaragua, Costa Rica, Panama, every mainland South American country except Chile, and on Aruba, Bonaire, Curaçao, and Trinidad and Tobago.
The yellow-headed caracara is 40 to 45 cm (16 to 18 in) long. Males weigh 277 to 335 g (9.8 to 12 oz) and females 307 to 364 g (11 to 13 oz). Their wingspan is 74 to 95 cm (29 to 37 in). The sexes' plumages are alike. Adults of the nominate subspecies have buff to creamy yellowish white heads, necks, and underparts with a thin dark streak through the eyes. Their back and wings are blackish brown with a whitish patch at the base of the primaries that shows in flight. Their uppertail coverts and tail are buff with dusky bars and the tail has a black band near the end. Their iris is reddish brown surrounded by bare bright yellow skin and their legs and feet are pea green. Immature birds have browner upperparts than adults and their underparts have brown streaks. Subspecies M. c. cordata is a darker buff on the head and underparts than the nominate and has narrower bars on the tail.
Subspecies M. c. cordata is found in southwestern Nicaragua, western Costa Rica, and most of Panama, and in mainland South America from Colombia east through Venezuela and the Guianas, south through Ecuador and Peru east of the Andes, and across Brazil north of the Amazon River. The Nicaragua records are only since 2008, and there are also scattered eBird records as far north as Guatemala and Belize. Off the north coast of the South American mainland, it occurs on Aruba, Trinidad, and Tobago, and has visited Bonaire and Curaçao as a vagrant. The nominate M. c. chimachima is found from eastern Bolivia south through Paraguay into northern Argentina and east through northern Uruguay and Brazil south of the Amazon River. Its range overlaps with that of the chimango caracara in southern Brazil, northern Argentina, Paraguay, and Uruguay.
The yellow-headed caracara is a bird of lightly-treed open landscapes, like savannas with palms and scattered trees, ranchlands and pastures, gallery forests, and the edges of denser forests. In elevation, it mostly ranges from sea level to 1,000 m (3,300 ft), though it has been recorded at about 2,500 m (8,200 ft) in Colombia's Cauca River valley.