The Magnolia Blossom Festival is a long-running community festival in Magnolia, Arkansas. Its history began with a sidewalk art show in 1950. The event later developed into the Magnolia Blossom Festival, and the World Championship Steak Cook-Off was introduced in the following year.

The festival brings together food, art, entertainment and community activities in the Historic Downtown Magnolia Square. One of its main attractions is the World Championship Steak Cook-Off, where participating cooks compete for the opportunity to earn the title of world champion.

Visitors can enjoy steak and other festival food, explore art and craft displays, and take part in the wider festival atmosphere. The organiser also plans free Friday entertainment, with the 2027 performers to be announced in spring 2027.

The event has a family-oriented community focus and attracts visitors interested in food competitions, local arts, crafts and regional entertainment.