Step 1: Combine the milk with water.
Step 2: Bring to a boil.
Step 3: Add the corn on the cob and cook it for 5 minutes or until tender.
Step 4: Using tongs, transfer the corn to a colander.
Step 5: When the corn is cool enough to handle, cut or scrape the kernels off the cob with a large sharp knife.
Step 6: Add corn cobs back into stock and simmer until needed
Step 7: In another pan
Step 8: Melt the butter in a large soup pot
Step 9: Add the onion and bacon and cook, stirring occasionally, until the onion is soft and the bacon has rendered its fat, 5 to 7 minutes.
Step 10: Sprinkle in the flour and cook, stirring for 1 to 2 minutes.
Step 11: Take corn cobs out of stock
Step 12: Whisk in the reserved corn broth and the chicken stock.
Step 13: Bring to a boil, stirring until thickened slightly.
Step 14: Add the diced potatoes and cook for 15 minutes.
Step 15: Then add the corn kernels and cream. Reduce the heat to low and simmer for 5 minutes.
Step 16: Season with salt and pepper to taste
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