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The article presents summaries of invited papers read at the winter meeting of the British Grassland Society in London, England on December 4, 1974. The theme of the meeting was "winter feeding for beef production." It is reported in one of the summaries that beef producers are facing a crisis situation with a collapse in returns to the producer; in consequence most producers are confused and are uncertain of the future. The crisis is caused by a combination of escalating costs and falling returns. Rising concentrate prices have been the main factor in increasing costs in many systems, a direct reflection of high world cereal prices, which are likely to continue in the foreseeable future.