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Preheat the oven to 425 degrees Fahrenheit and wash and scrub the beets. Cut the stems off beets but leave a *little* stem attached, otherwise it will leak out too much juice, and leave the tails attached as well. Rub them with the olive oil, then put them in an oven safe pot with a lid (like a Dutch oven), or a baking pan and then cover it with tin foil.
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Place in the oven and bake until tender when poked with a fork, (about 45 to 60 minutes depending on the size of the beets—larger beets will take longer to cook through). Remove from the oven and allow to cool to warm. While warm, hold a beet under cold running water and the skin should peel off easily with your fingers. Peel all the beets.
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Cut the beets into sixths and place them in a food processor with the feta, yogurt, red pepper flakes, and black pepper. Begin blending and add the olive oil while the food processor is on. Blend until a relatively smooth mixture forms (it will have a tiny bit of visual texture to it because of the beets, but still has a nice creamy mouth feel). Taste and add salt if needed (feta is typically a very salty cheese, but each brand is different, so you may want to add more depending on your preference).
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You can use it on sandwiches, flatbreads, wraps, bowls, and just on good ol’ bread or crackers. Store it in an airtight container in the refrigerator and enjoy within 10 days. It also freezes well!