This is growing in my flower bed, which is usually moist and mostly sunny. Growing in mulch, each about the size of my pinky. Spongy, and looks like gummy worms. What the heck is it?
No smell that I noted. They are spongy and the color and shape really made me think they were gummy worms that a cat had spit up or something. The hollow tube shape and difference between the two are interesting-- the reddish one comes to more of a point whereas the orangey one is more shaped like a pinky.