Cover corn cobs with cold water and boil for 15 minutes. Strain and set the broth aside. Discard the cobs.
Melt the butter (or bacon grease) in a Dutch oven or soup pot and saute the onion and shallot for about 5 minutes, stirring almost constantly.
Sprinkle the flour into the pan and continue to saute for another minute. Do not let the flour brown. Add the sherry and keep stirring as the moisture evaporates.
Add 2 cups of the corn cob broth and the chicken broth to the pan, stirring as you add the liquids. Add the bay leaf and corn kernels and bring up to a simmer. Simmer gently for 10 minutes until the corn is just tender.
Remove and discard the bayleaf. Let the soup cool for a bit and then puree in a blender or food processor (or use an immersion blender.) I don't puree the soup completely smooth, I like to leave some texture, but that's your choice. Note: use caution when pureeing hot liquids: be sure the top is on your blender, and make sure it is vented.
Return the soup to the pot and stir in the cream. Season with salt and pepper to taste, bring back to a simmer, and serve topped with crumbled bacon, corn kernels, and snipped chives.
Nutritional information is provided as a courtesy and is an estimate only. This information comes from online calculators. Although The View from Great Island attempts to provide accurate nutritional information, these figures are only estimates.
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