Grazing Dreams is the second album by American sitarist and composer Collin Walcott, recorded in February 1977 and released on ECM later that year.

Walcott's quintet features trumpeter Don Cherry and rhythm section John Abercrombie, Palle Danielsson, and Dom Um Romão.

"[5] The Penguin Guide to Jazz Recordings states, "The quartet format ... inevitably anticipates Walcott's and Cherry's work with Codona, and the long 'Song of the Morrow' is a perfect encapsulation of the group's idiom.

"[4] In an post on ECM blog Between Sound and Space, Tyran Grillo wrote: "Grazing Dreams is structured as long-form whole in which individual tracks blend into the overarching power that binds them," and commented: "The engineering of this album is ahead of its time.

Case in point: the way the buzzing solitude that opens 'Gold Sun' gradually develops into a honeyed elaboration of sitar and bass is nothing short of astonishing.