Chroogomphus ochraceus

About

Chroogomphus ochraceus is a species of fungus from the family Gomphidiaceae. Known for its close association with conifer trees–especially pines, it is often referred to as the "pine spike" or "spike cap" fungus. C. ochraceus was originally identified as a species limited to the Pacific Northwest because of its display of distinct yellowish colors, but recent research has concluded that this species is widespread across North America and that it is genetically distinct from Chroogomphus rutilus, which is limited to Europe.

Summary from Wikipedia