One day as I was up in my tangelo tree picking
tangelos, I noticed this small yellow blob on a dead branch stub.
I discovered that it was a golden jelly fungus, also known as; yellow
brain jelly fungus, yellow trembler, or witch's butter.
This closer look gives you a size clue. It starts out more yellow, then turns orange with age. Golden jelly fungus doesn't harm the tree, it is a parasite on another fungus, a species of the genus Peniophora which I have not yet been able to positively identify.
Here is a look at the golden jelly through a magnifying glass. The white part was probably bleached by rain.
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